{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-24-004839","form_type":"8-K","ticker":"RPMT","cik":"0001437283","company_name":"REGO PAYMENT ARCHITECTURES, INC.","filed_at":"2024-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.187518+00:00","generated_at":"2026-06-04T13:14:05.436073+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Rego Payment Architectures extends $20M credit line with shareholder to March 2025","bullets":["Amendment extends maturity of existing $20M unsecured line of credit from March 13, 2024 to March 13, 2025.","No outstanding balance; loans bear interest at 7% per annum.","Repayment required upon change of control or within 60 days if no change of control within one year.","Lender James Davison is an existing shareholder of the Company."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-24-004839","json":"https://secwatch.observer/filing/0001214659-24-004839.json","markdown":"https://secwatch.observer/filing/0001214659-24-004839.md","text":"https://secwatch.observer/filing/0001214659-24-004839.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437283/000121465924004839/0001214659-24-004839-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437283/000121465924004839/o3182428k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T13:14:05.436073+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":"92bfb65fc31087c5f7ca92c4f16a7c41c47193bc","claim":"REGO PAYMENT ARCHITECTURES, INC. amended credit facility of up to twenty million dollars ($20,000,000) with James Davison at 7% per annum maturing March 13, 2025.","evidence_excerpt":"Agreement, as modified by the Amendment (as modified, the “LOC Agreement”), the Lender may extend unsecured loans to the Company in the amount of up to twenty million dollars ($20,000,000) which may be drawn upon by the Company through March 13, 2025 in order to provide additional capital to facilitate the Company’s operations. Drawings may be made by the Company","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437283/000121465924004839/0001214659-24-004839-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to twenty million dollars ($20,000,000)"},{"label":"Counterparty","value":"James Davison"},{"label":"Rate","value":"7% per annum"},{"label":"Maturity","value":"March 13, 2025"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}