---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-264686"
form_type: "8-K"
ticker: "SKYT"
cik: "0001819974"
company_name: "SkyWater Technology, Inc"
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T19:04:56.639224+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SkyWater extends credit facility maturity to 2028, boosts revolver to $130M

## Summary
- Maturity of revolving loan facility extended from Dec 2025 to Dec 31, 2028.
- Maximum revolving facility increased from $100M to $130M; $30M incremental facility remains available.
- Equipment advance rate set at 50% with $60M sublimit, no monthly reduction.
- Revised EBITDA definition allows add-backs up to 17.5% of EBITDA (or higher with lender consent).
- Tier III applicable margin set at 4.25% for Term SOFR, 3.25% base rate from effective date.

## SEC filing metadata
- accession: 0001193125-24-264686
- form_type: 8-K
- ticker: SKYT
- cik: 0001819974
- company_name: SkyWater Technology, Inc
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819974/000119312524264686/0001193125-24-264686-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819974/000119312524264686/d866116d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-264686
- JSON: https://secwatch.observer/filing/0001193125-24-264686.json
- Plain text: https://secwatch.observer/filing/0001193125-24-264686.txt

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