{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-030336","form_type":"8-K","ticker":"AVPT","cik":"0001777921","company_name":"AvePoint, Inc.","filed_at":"2023-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.391085+00:00","generated_at":"2026-06-08T21:19:57.739461+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"AvePoint secures $30M revolving credit facility from HSBC with $20M accordion","bullets":["Revolving line of credit up to $30.0M with an additional $20.0M accordion feature.","Interest rate: Term SOFR plus 3.00%-3.25% depending on Consolidated Total Leverage Ratio.","Unused facility fee from 0.50% to 0.55%; facility fee of $90,000 paid on closing.","Matures November 3, 2026; no outstanding balance as of filing date.","Covenants include minimum fixed charge coverage and maximum leverage ratio; proceeds for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-030336","json":"https://secwatch.observer/filing/0001437749-23-030336.json","markdown":"https://secwatch.observer/filing/0001437749-23-030336.md","text":"https://secwatch.observer/filing/0001437749-23-030336.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1777921/000143774923030336/0001437749-23-030336-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1777921/000143774923030336/avpt20231031_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T21:19:57.739461+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":"920840d563654ef90f5c8c3f96f2797e6956e0ce","claim":"AvePoint, Inc. entered into Pledge Agreement with HSBC Bank USA, National Association valued at Security interest in all shares of subsidiaries, future proceeds, and assets (effective 2023-11-03).","evidence_excerpt":"\") of the Company deemed it advisable and in the best interests of the Company and its stockholders that the Company enter into (i) that certain Loan and Security Agreement (the \" Loan Agreement \"), dated as of November 3, 2023, by and between the Company and HSBC Bank USA, National Association (the \" Bank \"), (ii) that certain Pledge Agreement (the \" Pledge Agreement \"), dated as of November 3, 2023, by and between the Company and the Bank, and (iii) that certain Revolving Note (the \" Revolving Note \"), dated as of November 3, 2022, by and between the Company and the Bank.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1777921/000143774923030336/0001437749-23-030336-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"HSBC Bank USA, National Association"},{"label":"Value","value":"Security interest in all shares of subsidiaries, future proceeds, and assets"},{"label":"Effective","value":"2023-11-03"}],"fact_type":"material_agreement"},{"claim_id":"e221d3fd1a19311177c45736ab0257175413d92b","claim":"AvePoint, Inc. entered into Loan and Security Agreement with HSBC Bank USA, National Association valued at $30,000,000 revolving line of credit with $20,000,000 accordion feature, interest at term SOFR plus (effective 2023-11-03).","evidence_excerpt":"On November 3, 2023, as directed by the Board, the Company entered into the Loan Agreement with the Bank, on which date the Loan Agreement became effective.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1777921/000143774923030336/0001437749-23-030336-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"HSBC Bank USA, National Association"},{"label":"Value","value":"$30,000,000 revolving line of credit with $20,000,000 accordion feature, interest at term SOFR plus"},{"label":"Effective","value":"2023-11-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}