{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-019355","form_type":"8-K","ticker":"CYAN","cik":"0000768408","company_name":"CYANOTECH CORP","filed_at":"2023-07-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.627631+00:00","generated_at":"2026-06-13T12:57:16.171933+00:00","sec_items":["8.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Cyanotech signs LOI to double revolving credit line to $2M with related-party lender","bullets":["LOI between Cyanotech and Skywords (controlled by Chairman Michael Davis) to increase revolving borrowing capacity under promissory note from $1M to $2M.","Current outstanding principal on note is $1M; borrowed balance is $750,000 as of LOI date.","Second Amendment subject to definitive documentation, First Foundation Bank consent, and USDA approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-019355","json":"https://secwatch.observer/filing/0001437749-23-019355.json","markdown":"https://secwatch.observer/filing/0001437749-23-019355.md","text":"https://secwatch.observer/filing/0001437749-23-019355.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/768408/000143774923019355/0001437749-23-019355-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/768408/000143774923019355/cyan20230703_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T12:57:16.171933+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"}