---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-015579"
form_type: "8-K"
ticker: "HWNI"
cik: "0001413891"
company_name: "HIGH WIRE NETWORKS, INC."
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T17:34:41.124222+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# High Wire Networks amends factoring agreement, adds subsidiaries, increases credit limit to $9M

## Summary
- Amendment adds HWN, Inc. and Secure Voice Corp. as sellers under factoring agreement with Bay View Funding.
- Maximum borrowings increased to $9,000,000 outstanding at any time.
- Advance rate of 90% of face value of assigned accounts receivable.
- Factoring fee 0.45% for first 30 days, then 0.25% per 15 days; finance fee Prime + 1.75% with 9.25% floor.
- Initial term through February 28, 2024.

## SEC filing metadata
- accession: 0001213900-23-015579
- form_type: 8-K
- ticker: HWNI
- cik: 0001413891
- company_name: HIGH WIRE NETWORKS, INC.
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1413891/000121390023015579/0001213900-23-015579-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1413891/000121390023015579/ea174433-8k_highwire.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-015579
- JSON: https://secwatch.observer/filing/0001213900-23-015579.json
- Plain text: https://secwatch.observer/filing/0001213900-23-015579.txt

## Key facts
- Material Agreements
  HIGH WIRE NETWORKS, INC. amended Amendment with CSNK Working Capital Corp. d/b/a Bay View Funding valued at $9,000,000 (effective 2023-02-22).
  - Action: amendment
  - Counterparty: CSNK Working Capital Corp. d/b/a Bay View Funding
  - Value: $9,000,000
  - Effective: 2023-02-22
  source text: Effective as of February 22, 2023, ADEX Corporation (“ADEX”), a wholly-owned subsidiary of High Wire Networks, Inc. (the “Company”) entered into an amendment (the “Amendment”) to that certain factoring agreement, dated as of February 20, 2020 (the “Factoring Agreement”), by and between ADEX and CSNK Working Capital Corp. d/b/a Bay View Funding (“BVF”), pursuant to which ADEX agreed to sell and assign and BVF agreed to buy and accept, certain accounts receivable owing to ADEX (“Accounts”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1413891/000121390023015579/0001213900-23-015579-index.htm

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