---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-22-001217"
form_type: "8-K"
ticker: "SLSN"
cik: "0000883107"
company_name: "SOLESENCE, INC."
filed_at: "2022-02-02T23:59:59+00:00"
generated_at: "2026-06-27T12:41:24.492234+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nanophase Technologies amends loan agreements, increases credit facilities to $12M and extends maturity to 2024

## Summary
- A/R Revolver facility limit raised from $6M to $8M; new Inventory facility of up to $4M added
- Maturity of A/R Revolver and Term Loan extended from March 2022/2023 to March 2024
- Interest rate on borrowings reduced to prime plus 0.75% from prime plus 2% and 5.25% previously
- Term loan remains at $1M; all facilities secured by company assets, subordinated to Libertyville Bank line
- Loans provided by affiliates of majority stockholder Bradford T. Whitmore (Beachcorp LLC and Strandler LLC)

## SEC filing metadata
- accession: 0001387131-22-001217
- form_type: 8-K
- ticker: SLSN
- cik: 0000883107
- company_name: SOLESENCE, INC.
- filed_at: 2022-02-02T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883107/000138713122001217/0001387131-22-001217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883107/000138713122001217/nanx-8k_020222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-22-001217
- JSON: https://secwatch.observer/filing/0001387131-22-001217.json
- Plain text: https://secwatch.observer/filing/0001387131-22-001217.txt

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