{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-289287","form_type":"8-K","ticker":"PSIX","cik":"0001137091","company_name":"POWER SOLUTIONS INTERNATIONAL, INC.","filed_at":"2023-12-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.325452+00:00","generated_at":"2026-06-07T16:50:18.665063+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Power Solutions Int’l amends and restates $50M shareholder loan, maturity extended to Nov 2024","bullets":["Third Shareholder’s Loan Agreement fully drawn; maturity extended from prior date to November 30, 2024.","Loan subordinated to PSI’s existing $130M revolver; $65M of revolver borrowed as of Dec 5, 2023.","Interest rate: SOFR + 4.05% per annum, with floor of 4.05% if SOFR negative.","If interest rate lower than Weichai’s borrowing cost, rate equals Weichai’s cost plus 1%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-289287","json":"https://secwatch.observer/filing/0001193125-23-289287.json","markdown":"https://secwatch.observer/filing/0001193125-23-289287.md","text":"https://secwatch.observer/filing/0001193125-23-289287.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1137091/000119312523289287/0001193125-23-289287-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1137091/000119312523289287/d634577d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T16:50:18.665063+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":"fd13f72edff1e4525d7eceb90a5afff5900925ee","claim":"POWER SOLUTIONS INTERNATIONAL, INC. amended loan of $50 million with Weichai America Corp. at SOFR plus 4.05% per annum maturing November 30, 2024.","evidence_excerpt":"On November 29, 2023, Power Solutions International, Inc. (the “Company” or “PSI”) amended and restated its $50 million shareholder’s loan agreement (the “Third Shareholder’s Loan Agreement”) with its majority stockholder, Weichai America Corp. (“Weichai”), to extend the loan maturity date to November 30, 2024.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1137091/000119312523289287/0001193125-23-289287-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$50 million"},{"label":"Counterparty","value":"Weichai America Corp."},{"label":"Rate","value":"SOFR plus 4.05% per annum"},{"label":"Maturity","value":"November 30, 2024"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"b14542323c52d9a1eb0d48eefde56dd9bec4feb8","claim":"POWER SOLUTIONS INTERNATIONAL, INC. amended Third Shareholder’s Loan Agreement with Weichai America Corp. valued at $50 million (effective 2023-11-29).","evidence_excerpt":"On November 29, 2023, Power Solutions International, Inc. (the “Company” or “PSI”) amended and restated its $50 million shareholder’s loan agreement (the “Third Shareholder’s Loan Agreement”) with its majority stockholder, Weichai America Corp. (“Weichai”), to extend the loan maturity date to November 30, 2024.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1137091/000119312523289287/0001193125-23-289287-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Weichai America Corp."},{"label":"Value","value":"$50 million"},{"label":"Effective","value":"2023-11-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}