{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-032588","form_type":"8-K","ticker":"IPM","cik":"0001355839","company_name":"INTELLIGENT PROTECTION MANAGEMENT CORP.","filed_at":"2025-04-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.053227+00:00","generated_at":"2026-05-23T13:15:09.620631+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"IPM enters $1M secured revolving credit facility with Newtek Bank, maturing April 2026","bullets":["Revolving line of credit up to $1,000,000, secured by substantially all assets of IPM and its subsidiary Intelligent Protection LLC.","Maturity date April 10, 2026; interest rate set at Newtek Bank's index plus 2% margin, with a 6.07% floor.","Barry Sloane, a director of IPM, is CEO of Newtek Bank and NewtekOne; transaction is a related-party arrangement.","No amounts drawn under the facility as of the filing date."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-032588","json":"https://secwatch.observer/filing/0001213900-25-032588.json","markdown":"https://secwatch.observer/filing/0001213900-25-032588.md","text":"https://secwatch.observer/filing/0001213900-25-032588.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1355839/000121390025032588/0001213900-25-032588-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1355839/000121390025032588/ea0238487-8k_intelligent.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T13:15:09.620631+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":"f1e2ca2a639b5338b626c0d69153ad3da45ff6e9","claim":"INTELLIGENT PROTECTION MANAGEMENT CORP. incurred revolving credit of $1,000,000 with Newtek Bank, National Association at Annual Percentage Rate plus a margin of 2.00%; provided , however, that in no ev maturing April 10, 2026.","evidence_excerpt":"On April 10, 2025, Intelligent Protection Management Corp. (the \" Company \"), Intelligent Protection LLC, a wholly owned subsidiary of the Company (\" IPM LLC \" and, together with the Company, the \" Borrowers \"), and Newtek Bank, National Association (\" Newtek Bank \"), a subsidiary of NewtekOne, Inc. (\" Newtek \"), entered into that certain business loan agreement and that certain credit agreement and revolving promissory note (together, the \" Loan Agreements \"), which provide for a secured revolving line of credit to the Borrowers in the maximum amount of $1,000,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1355839/000121390025032588/0001213900-25-032588-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1,000,000"},{"label":"Counterparty","value":"Newtek Bank, National Association"},{"label":"Rate","value":"Annual Percentage Rate plus a margin of 2.00%; provided , however, that in no ev"},{"label":"Maturity","value":"April 10, 2026"},{"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"}