{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-071183","form_type":"8-K","ticker":"SIEB","cik":"0000065596","company_name":"SIEBERT FINANCIAL CORP","filed_at":"2024-08-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.611890+00:00","generated_at":"2026-05-31T08:35:25.735197+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Siebert Financial enters $20M revolving credit facility with East West Bank","bullets":["Revolver cap of $20M with initial two‑year term; interest rate at SOFR + 3.15% (floor 7.50%).","Proceeds allowed for acquisitions, stock buybacks, and up to $10M for general corporate purposes.","Personal guarantees from CEO John J. Gebbia, Director Gloria E. Gebbia, and their trust.","Covenants include minimum debt service coverage ratio of 1.35:1 and minimum net capital of $43M.","Origination fee 0.50% of the $20M revolver cap; Bank may debit fees from advance or deposit account."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-071183","json":"https://secwatch.observer/filing/0001213900-24-071183.json","markdown":"https://secwatch.observer/filing/0001213900-24-071183.md","text":"https://secwatch.observer/filing/0001213900-24-071183.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65596/000121390024071183/0001213900-24-071183-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65596/000121390024071183/ea0211950-8k_siebert.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T08:35:25.735197+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}