---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-000160"
form_type: "8-K"
ticker: "NTIC"
cik: "0000875582"
company_name: "NORTHERN TECHNOLOGIES INTERNATIONAL CORP"
filed_at: "2022-01-07T23:59:59+00:00"
generated_at: "2026-06-27T20:01:47.028271+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# NTIC extends revolver maturity to Jan 2023, shifts interest to BSBY+250bps, facility reduces to $3M in Feb 2022

## Summary
- Extended maturity of $5M revolving credit facility to January 7, 2023.
- Interest rate changed to Daily BSBY plus 250 basis points (2.50%).
- Effective February 23, 2022, maximum borrowing reduces from $5M to $3M.
- All other material terms of the line of credit remain unchanged.

## SEC filing metadata
- accession: 0001171843-22-000160
- form_type: 8-K
- ticker: NTIC
- cik: 0000875582
- company_name: NORTHERN TECHNOLOGIES INTERNATIONAL CORP
- filed_at: 2022-01-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/875582/000117184322000160/0001171843-22-000160-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875582/000117184322000160/f8k_010722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-000160
- JSON: https://secwatch.observer/filing/0001171843-22-000160.json
- Plain text: https://secwatch.observer/filing/0001171843-22-000160.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.