{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-000441","form_type":"8-K","ticker":"NSYS","cik":"0000722313","company_name":"NORTECH SYSTEMS INC","filed_at":"2022-01-05T23:59:59+00:00","discovered_at":"2026-05-14T18:04:09.556079+00:00","generated_at":"2026-06-27T20:46:41.703705+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Nortech Systems extends Bank of America credit facility to June 2026","bullets":["Extended $16M asset-based revolver maturity from June 2022 to June 2026.","Amendment transitions interest rate benchmark from LIBOR to BSBY rate.","Borrowing base revised: 85% eligible accounts, 70% eligible inventory, 20% WIP capped at $1.5M.","Amendment fee of $32,000 paid to Bank of America; representations reaffirmed.","No default or material adverse change; all conditions satisfied."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-000441","json":"https://secwatch.observer/filing/0001437749-22-000441.json","markdown":"https://secwatch.observer/filing/0001437749-22-000441.md","text":"https://secwatch.observer/filing/0001437749-22-000441.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/722313/000143774922000441/0001437749-22-000441-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/722313/000143774922000441/nsys20220105_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T20:46:41.703705+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"}