---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-029501"
form_type: "8-K"
ticker: "SYPR"
cik: "0000864240"
company_name: "SYPRIS SOLUTIONS INC"
filed_at: "2021-12-30T23:59:59+00:00"
generated_at: "2026-06-27T21:50:02.052028+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sypris Solutions amends related-party promissory note, extends maturity on $2.5M by one year

## Summary
- Extended maturity of $2.5M obligation from April 1, 2022 to April 1, 2023.
- Allows deferral of up to 60% of interest for up to 18 months on the note.
- Noteholder is Gill Family Capital, controlled by CEO Jeffrey T. Gill and director R. Scott Gill.

## SEC filing metadata
- accession: 0001437749-21-029501
- form_type: 8-K
- ticker: SYPR
- cik: 0000864240
- company_name: SYPRIS SOLUTIONS INC
- filed_at: 2021-12-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/864240/000143774921029501/0001437749-21-029501-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/864240/000143774921029501/sypr20211228_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-029501
- JSON: https://secwatch.observer/filing/0001437749-21-029501.json
- Plain text: https://secwatch.observer/filing/0001437749-21-029501.txt

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