{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-074888","form_type":"8-K","ticker":null,"cik":"0000915358","company_name":"SIGMATRON INTERNATIONAL INC","filed_at":"2023-03-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.533545+00:00","generated_at":"2026-06-17T23:24:12.115218+00:00","sec_items":["2.04","2.06"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"SigmaTron receives default notices on credit agreements; records $23.1M impairment charges","bullets":["Received default notices from JPMorgan and TCW for failing fixed charge coverage ratio and total debt-to-EBITDA covenants as of Jan 31, 2023.","Negotiating forbearance agreements; lender parties have not yet accelerated obligations or exercised remedies.","Recorded non-cash pre-tax goodwill impairment of ~$13.3M for Pet Tech Segment for Q3 FY2023.","Recorded non-cash pre-tax intangible assets impairment of ~$9.8M for Pet Tech Segment for same quarter.","Total pre-tax impairment charges of ~$23.1M from Pet Tech Segment."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-074888","json":"https://secwatch.observer/filing/0001193125-23-074888.json","markdown":"https://secwatch.observer/filing/0001193125-23-074888.md","text":"https://secwatch.observer/filing/0001193125-23-074888.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/915358/000119312523074888/0001193125-23-074888-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/915358/000119312523074888/d468806d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T23:24:12.115218+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":[{"claim_id":"6a9c0e2d0b67b6d75e47954f1cf66610b19d31fc","claim":"SIGMATRON INTERNATIONAL INC announced a impairment with charges of approximately $13.3 million affecting Pet Tech Segment.","evidence_excerpt":"Accordingly, a non-cash pre-tax goodwill impairment charge of approximately $13.3 million and a non-cash intangible assets impairment charge of approximately $9.8 million would be recorded for the Company’s Pet Tech Segment for the quarter ended January 31, 2023.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/915358/000119312523074888/0001193125-23-074888-index.htm","confidence":0.95,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Charge","value":"approximately $13.3 million"},{"label":"Affected area","value":"Pet Tech Segment"}],"fact_type":"restructuring_charge"},{"claim_id":"cec27c8af964389cfb8efb127229664b7ec4ebea","claim":"SIGMATRON INTERNATIONAL INC announced a impairment with charges of approximately $9.8 million affecting Pet Tech Segment.","evidence_excerpt":"Accordingly, a non-cash pre-tax goodwill impairment charge of approximately $13.3 million and a non-cash intangible assets impairment charge of approximately $9.8 million would be recorded for the Company’s Pet Tech Segment for the quarter ended January 31, 2023.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/915358/000119312523074888/0001193125-23-074888-index.htm","confidence":0.95,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Charge","value":"approximately $9.8 million"},{"label":"Affected area","value":"Pet Tech Segment"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}