secwatch.observer — SEC 8-K summary
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Issuer:     POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)
CIK:        0001137091
Form:       8-K
Filed at:   2023-06-13T23:59:59+00:00
Accession:  0001193125-23-165466
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PSI and HD Hyundai Infracore amend supply agreement: fixed 2023 pricing, extended term to 2026
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- Addendum #12 sets 2023 prices for HDI engines; future years to be negotiated annually based on raw material costs and volume forecasts.
- Supply agreement term extended from Dec 31, 2023 to Dec 31, 2026, with automatic one-year renewals unless 12-month notice given.
- Late payment charge added for overdue invoices; confidential pricing details redacted from public filing.
- Covers multiple engine models including 8.1L, 11.1L, 14.6L, 18.3L, 21.9L.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137091/000119312523165466/0001193125-23-165466-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137091/000119312523165466/d474513d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-165466

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