{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-089148","form_type":"8-K","ticker":"RILY","cik":"0001464790","company_name":"BRC Group Holdings, Inc.","filed_at":"2026-08-13T20:30:18+00:00","discovered_at":"2026-08-13T20:32:00.399925+00:00","generated_at":"2026-08-13T20:32:27.203554+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BRC Group amends credit agreement: new borrowing base, $3.125M fee, added flexibility","bullets":["Amendment No. 5 effective Aug 7, 2026; replaces exit fee with $3.125M fee added to principal.","Borrowing base now: 60% Great American Pref B, 30% Telecom, 30% Babcock, 100% Qualified Cash; legacy assets removed.","Adds $25M basket to repurchase unsecured notes; clarifies springing maturity not triggered by Sept/Dec 2026 bonds.","Minimum liquidity covenant: $50M if term loans >$65.625M, $25M if <=; prepayment premium tiers defined."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-089148","json":"https://secwatch.observer/filing/0001213900-26-089148.json","markdown":"https://secwatch.observer/filing/0001213900-26-089148.md","text":"https://secwatch.observer/filing/0001213900-26-089148.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1464790/000121390026089148/0001213900-26-089148-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1464790/000121390026089148/ea0301417-8k_brcgroup.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-13T20:32:27.203554+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"}