{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-159091","form_type":"8-K","ticker":"IMAX","cik":"0000921582","company_name":"IMAX CORP","filed_at":"2025-07-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.709361+00:00","generated_at":"2026-05-18T06:35:26.493316+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"IMAX enters new $375M credit facility maturing 2030 with accordion to $515M","bullets":["New Seventh Amended and Restated Credit Agreement increases revolving borrowing capacity to $375M.","Uncommitted accordion feature allows expansion up to $515M or more via revolving or term loans.","Facility matures July 14, 2030, with springing maturity if certain convertible debt exceeds $100M.","Interest rates: Term SOFR, Eurocurrency, or Term CORRA plus 1.00%-1.75% or base/prime plus 0.25%-1.00%.","Company drew $52M at closing to repay prior facility; proceeds also for working capital and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-159091","json":"https://secwatch.observer/filing/0001193125-25-159091.json","markdown":"https://secwatch.observer/filing/0001193125-25-159091.md","text":"https://secwatch.observer/filing/0001193125-25-159091.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/921582/000119312525159091/0001193125-25-159091-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/921582/000119312525159091/d72514d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T06:35:26.493316+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":"293bb5fdc7ef1552d04faa1a19a67c7bbd667f33","claim":"IMAX CORP incurred revolving credit of $375 million with Wells Fargo Bank, National Association, as agent at Term SOFR, Eurocurrency Rate or Term CORRA plus a margin ranging from 1.00% to 1 maturing July 14, 2030.","evidence_excerpt":"On July 14, 2025, IMAX Corporation (the “Company”) entered into a Seventh Amended and Restated Credit Agreement (the “New Credit Agreement”) with Wells Fargo Bank, National Association, as agent, and a syndicate of lenders party thereto. The New Credit Agreement increases the Company’s revolving borrowing capacity to $375 million","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/921582/000119312525159091/0001193125-25-159091-index.htm","confidence":0.98,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$375 million"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association, as agent"},{"label":"Rate","value":"Term SOFR, Eurocurrency Rate or Term CORRA plus a margin ranging from 1.00% to 1"},{"label":"Maturity","value":"July 14, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}