secwatch.observer — SEC 8-K summary
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Issuer:     SUPERIOR GROUP OF COMPANIES, INC. (SGC)
CIK:        0000095574
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001437749-23-031614
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Superior Group exits covenant relief after leverage ratio meets threshold
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- Consolidated total net leverage ratio did not exceed 4.00x for quarters ended June 30 and Sep 30, 2023.
- Company delivered written notice to lenders terminating the covenant relief period under the Credit Agreement.
- Covenant relief period was part of the August 2022 Credit Agreement, amended in May 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/95574/000143774923031614/0001437749-23-031614-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/95574/000143774923031614/sgc20231113_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-031614

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