secwatch.observer — SEC 8-K summary
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Issuer:     INNODATA INC (INOD)
CIK:        0000903651
Form:       8-K
Filed at:   2026-03-24T23:59:59+00:00
Accession:  0001104659-26-033893
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Innodata amends Wells Fargo credit facility: max credit raised to $50M, maturity extended to April 2029
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- Fourth amendment increases secured revolving credit line to $50M maximum, up from prior amount.
- Maturity date extended to April 4, 2029; borrowing base as of Dec 31, 2025 would have been ~$30M.
- Borrowing base now includes 85% of eligible government prime accounts and modified unbilled accounts.
- Amendment adds government contract representations, covenants, and reporting triggers when excess availability <15% of max credit.
- Purpose is to support anticipated growth with new and existing customers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/903651/000110465926033893/0001104659-26-033893-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/903651/000110465926033893/tm269624d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-033893

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer