---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-023354"
form_type: "8-K"
ticker: "YHGJ"
cik: "0001042187"
company_name: "YUNHONG GREEN CTI LTD."
filed_at: "2021-10-06T23:59:59+00:00"
generated_at: "2026-06-28T22:28:38.351041+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Yunhong CTI enters new $6M credit facility with Line Financial, replacing prior facility

## Summary
- Revolver up to $6M and term loan $731,250 from Line Financial, secured by substantially all assets.
- Interest at WSJ prime + 1.95%; term loan payable in 48 monthly installments of $15,234.38.
- Facility matures Sept 30, 2023, auto-renewable annually unless 90-day notice given.
- Minimum tangible net worth covenant of $4M effective Dec 31, 2021.
- Proceeds repay prior facility (maturing Dec 31, 2021) and fund working capital; fewer restrictive covenants.

## SEC filing metadata
- accession: 0001437749-21-023354
- form_type: 8-K
- ticker: YHGJ
- cik: 0001042187
- company_name: YUNHONG GREEN CTI LTD.
- filed_at: 2021-10-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042187/000143774921023354/0001437749-21-023354-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042187/000143774921023354/ctib20211005_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-023354
- JSON: https://secwatch.observer/filing/0001437749-21-023354.json
- Plain text: https://secwatch.observer/filing/0001437749-21-023354.txt

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