---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-011263"
form_type: "8-K"
ticker: "TRCK"
cik: "0001045942"
company_name: "Track Group, Inc."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T07:51:45.870930+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Track Group extends $42.9M unsecured debt maturity to July 2027; interest steps up to 6%

## Summary
- Maturity date extended from July 1, 2024 to July 1, 2027 on $42.864M facility with Conrent Invest.
- Interest rate escalates: 4% through July 2024, 5% through July 2025, 5.5% through July 2026, then 6% until maturity.
- Change-of-control clause removed from facility agreement; waives prior breaches.
- €225,000 fee payable in installments: €40K on effective date, then €35K (2024), €50K (2025, 2026, 2027).

## SEC filing metadata
- accession: 0001437749-23-011263
- form_type: 8-K
- ticker: TRCK
- cik: 0001045942
- company_name: Track Group, Inc.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045942/000143774923011263/0001437749-23-011263-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045942/000143774923011263/trkg20230426_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-011263
- JSON: https://secwatch.observer/filing/0001437749-23-011263.json
- Plain text: https://secwatch.observer/filing/0001437749-23-011263.txt

## Key facts
- Material Agreements
  Track Group, Inc. amended Amended Facility Agreement with Conrent Invest S.A. valued at €225,000 in installments (effective 2023-04-28).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Conrent Invest S.A.
  - Value: €225,000 in installments
  - Effective: 2023-04-28
  source text: On April 26, 2023, Track Group, Inc. (the " Company ") and Conrent Invest S.A., acting on behalf of its compartment, "Safety 2" (" Conrent "), entered into an amendment to the facility agreement (the " Amendment ") originally executed by and between the parties on December 30, 2013, as amended on June 30, 2015, July 19, 2018, February 24, 2019, January 10, 2020 and December 21, 2020 (the " Amended Facility Agreement "), containing certain provisions of the Company's existing $42.864 million unsecured debt facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045942/000143774923011263/0001437749-23-011263-index.htm

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