secwatch.observer — SEC 8-K summary
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Issuer:     Genasys Inc. (GNSS)
CIK:        0000924383
Form:       8-K/A
Filed at:   2026-09-04T20:07:37+00:00
Accession:  0001193125-26-383648
Event type: debt
Sentiment:  negative
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genasys amends $15.2M term loan, extends maturity, waives liquidity default
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- Third Amendment dated July 13, 2026 extends Maturity Date of Closing Date Term Loan under existing credit agreement.
- Aggregate principal outstanding on Closing Date Term Loan is $15,206,812.50; First Amendment Term Loan paid in full.
- Lenders waive existing Default/Event of Default under Section 7.18 (Minimum Liquidity) prior to effective date.
- Interest from July 13, 2026 through Sept 30, 2026 due on Sept 30, 2026; no additional term loans committed.
- Cantor Fitzgerald Securities acts as agent; lenders include Whitebox Multi-Strategy, Whitebox Relative Value, Pandora Select, Whitebox GT Fund.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924383/000119312526383648/0001193125-26-383648-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924383/000119312526383648/gnss-20260713.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-383648

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