---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-145933"
form_type: "8-K"
ticker: "GEOS"
cik: "0001001115"
company_name: "GEOSPACE TECHNOLOGIES CORP"
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:21:45.108128+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Geospace enters $10M revolving credit facility with Amerisource and Woodforest

## Summary
- Maximum borrowing of $10M, secured by real estate, equipment, AR, and inventory.
- Interest rate = Wall Street prime plus 4% (min 3.25%); two-year term.
- Borrowing base: 70% real estate, 50% equipment/ inventory, 80% AR.
- Requires minimum consolidated tangible net worth of $100M.

## SEC filing metadata
- accession: 0001193125-22-145933
- form_type: 8-K
- ticker: GEOS
- cik: 0001001115
- company_name: GEOSPACE TECHNOLOGIES CORP
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001115/000119312522145933/0001193125-22-145933-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001115/000119312522145933/d272990d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-145933
- JSON: https://secwatch.observer/filing/0001193125-22-145933.json
- Plain text: https://secwatch.observer/filing/0001193125-22-145933.txt

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