{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-22-021615","form_type":"8-K","ticker":"FTCI","cik":"0001828161","company_name":"FTC Solar, Inc.","filed_at":"2022-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:04:02.638992+00:00","generated_at":"2026-06-25T05:13:16.510948+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"FTC Solar amends credit facility, reduces minimum liquidity covenant to $50M through March 2023","bullets":["Minimum liquidity covenant lowered from $125M to $50M until March 31, 2023; company currently meets the $50M threshold.","If liquidity condition not met, additional monthly covenants: asset coverage ratio >=1.10:1.00 and net cash payments to third parties capped at $50M.","Until March 31, 2023, company restricted from incurring new debt (except credit facility or permitted unsecured debt) and from paying dividends.","Consent fee of 0.150% of each lender's revolving commitment paid for this amendment."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-22-021615","json":"https://secwatch.observer/filing/0001140361-22-021615.json","markdown":"https://secwatch.observer/filing/0001140361-22-021615.md","text":"https://secwatch.observer/filing/0001140361-22-021615.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828161/000114036122021615/0001140361-22-021615-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828161/000114036122021615/brhc10038426_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T05:13:16.510948+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"}