{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-111154","form_type":"8-K","ticker":"HUT","cik":"0001964789","company_name":"Hut 8 Corp.","filed_at":"2026-09-28T11:30:28+00:00","discovered_at":"2026-09-28T11:35:39.555221+00:00","generated_at":"2026-10-12T13:30:13.242227+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Hut 8 closes $1.07B four-year senior secured revolver led by JPMorgan; undrawn at closing","bullets":["Credit Agreement dated September 24, 2026 gives Hut 8 a $1.07B senior secured revolving facility, including a $1.07B letter-of-credit sublimit; no amounts outstanding at closing.","Pricing at Adjusted Term SOFR (0.00% floor) plus 1.50%-2.00%, or ABR plus 0.50%-1.00%; initial margins 1.750% and 0.750%, based on consolidated total debt-to-market-cap ratio.","Minimum liquidity covenant from quarter ending March 31, 2027: 40% of aggregate commitments before the Stabilization Date, 25% after; equity cure rights included.","Obligations guaranteed by restricted subsidiaries and secured by a first-priority lien on substantially all assets; syndicate of 12 lenders with JPMorgan as administrative and collateral agent.","CFO Sean Glennan cites over $1B of committed non-dilutive parent-level liquidity, after $7.5B of investment-grade project financing for River Bend and Beacon Point AI data centers."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-111154","json":"https://secwatch.observer/filing/0001104659-26-111154.json","markdown":"https://secwatch.observer/filing/0001104659-26-111154.md","text":"https://secwatch.observer/filing/0001104659-26-111154.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1964789/000110465926111154/0001104659-26-111154-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1964789/000110465926111154/tm2625691d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:30:13.242227+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}