{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-003464","form_type":"8-K","ticker":"CREX","cik":"0001356093","company_name":"CREATIVE REALITIES, INC.","filed_at":"2023-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.596016+00:00","generated_at":"2026-06-19T10:50:35.111161+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Creative Realities extends $2.5M note maturity by one year, settles working capital claim from Reflect merger","bullets":["Balloon payment of $1.25M eliminated; note maturity extended from Feb 17, 2023 to Feb 17, 2024.","Monthly principal payments of $104,166.67 continue; interest rate rises from 0.59% to 4.60%.","Merger consideration reduced by $241,817.43 Claim Amount; $241,817 employer retention credit pending.","$250,000 escrow released to Stockholders' Representative."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-003464","json":"https://secwatch.observer/filing/0001437749-23-003464.json","markdown":"https://secwatch.observer/filing/0001437749-23-003464.md","text":"https://secwatch.observer/filing/0001437749-23-003464.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1356093/000143774923003464/0001437749-23-003464-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1356093/000143774923003464/crex20230214_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T10:50:35.111161+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":"4a2ba1181b1336c5111b6d2774c337e055ad21d7","claim":"CREATIVE REALITIES, INC. amended Escrow Agreement with Stockholders' Representative valued at $250,000 (effective 2024-02-17).","evidence_excerpt":"The parties also amended the Escrow Agreement executed at the closing of the Merger (the “Escrow Amendment”) to extend the period for which the escrow agent therein would accept monthly payments of the Secured Promissory Note until the extended maturity date, February 17, 2024.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1356093/000143774923003464/0001437749-23-003464-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"Stockholders' Representative"},{"label":"Value","value":"$250,000"},{"label":"Effective","value":"2024-02-17"}],"fact_type":"material_agreement"},{"claim_id":"4c05fff25425968863b26d72ea76b6a4a947e38f","claim":"CREATIVE REALITIES, INC. amended Secured Promissory Note with Stockholders' Representative valued at $2.5 million (effective 2023-02-11).","evidence_excerpt":"On February 11, 2023, Creative Realities and the Stockholders’ Representative executed an amendment, or the “Note Amendment,” to the $2.5 million Note and Security Agreement (the “Secured Promissory Note”) previously executed by Creative Realities in favor of the Stockholders’ Representative at the closing of the Merger.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1356093/000143774923003464/0001437749-23-003464-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Stockholders' Representative"},{"label":"Value","value":"$2.5 million"},{"label":"Effective","value":"2023-02-11"}],"fact_type":"material_agreement"},{"claim_id":"fc2251915f4cdcdee482cbb75b5b82dd9ea8ea44","claim":"CREATIVE REALITIES, INC. amended Merger Agreement with Reflect Systems, Inc. and RSI Exit Corporation (Stockholders' Representative) valued at $241,817.43 (effective 2022-02-11).","evidence_excerpt":"Second Amendment to Merger Agreement As previously reported, on November 12, 2021, Creative Realities, Inc., a Minnesota corporation, or “Creative Realities,” Reflect Systems, Inc., or “Reflect,” and RSI Exit Corporation, or the “Stockholders’ Representative,” entered into an Agreement and Plan of Merger (as amended on February 8, 2023, the “Merger Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1356093/000143774923003464/0001437749-23-003464-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Reflect Systems, Inc. and RSI Exit Corporation (Stockholders' Representative)"},{"label":"Value","value":"$241,817.43"},{"label":"Effective","value":"2022-02-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}