---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-002708"
form_type: "8-K"
ticker: "AMS"
cik: "0000744825"
company_name: "AMERICAN SHARED HOSPITAL SERVICES"
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T14:20:22.031731+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# American Shared Hospital Services enters $2.7M term loan amendment with Fifth Third Bank

## Summary
- Added Supplemental Term Loan of $2.7M for capital expenditures related to Puebla, Mexico operations.
- Loan matures January 25, 2030; interest at SOFR + 3.00% with no prepayment fees.
- Loan is secured by substantially all assets of the company and certain domestic subsidiaries.
- Amendment also replaced LIBOR-based rates with SOFR-based rates under the credit agreement.

## SEC filing metadata
- accession: 0001437749-24-002708
- form_type: 8-K
- ticker: AMS
- cik: 0000744825
- company_name: AMERICAN SHARED HOSPITAL SERVICES
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/744825/000143774924002708/0001437749-24-002708-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744825/000143774924002708/asha20240130_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-002708
- JSON: https://secwatch.observer/filing/0001437749-24-002708.json
- Plain text: https://secwatch.observer/filing/0001437749-24-002708.txt

## Key facts
- Debt Financings
  AMERICAN SHARED HOSPITAL SERVICES incurred term loan of $2.7 million with Fifth Third Bank, National Association at SOFR plus 3.00% maturing 2024-01-25 to 2030-01-25.
  - Instrument: term loan
  - Principal: $2.7 million
  - Counterparty: Fifth Third Bank, National Association
  - Rate: SOFR plus 3.00%
  - Maturity: 2024-01-25 to 2030-01-25
  - Event: incurrence
  source text: The First Amendment added a new term loan in the aggregate principal amount of $2.7 million (the
  evidence_url: https://www.sec.gov/Archives/edgar/data/744825/000143774924002708/0001437749-24-002708-index.htm
- Debt Financings
  AMERICAN SHARED HOSPITAL SERVICES amended credit facility with Fifth Third Bank, National Association at SOFR plus 3.00%.
  - Instrument: credit facility
  - Counterparty: Fifth Third Bank, National Association
  - Rate: SOFR plus 3.00%
  - Event: amendment
  source text: The First Amendment also replaces the LIBOR-based rates in the Credit Agreement with SOFR-based rates.
  evidence_url: https://www.sec.gov/Archives/edgar/data/744825/000143774924002708/0001437749-24-002708-index.htm
- Material Agreements
  AMERICAN SHARED HOSPITAL SERVICES amended First Amendment to Credit Agreement with Fifth Third Bank, National Association valued at $2.7 million (effective 2024-01-25).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Fifth Third Bank, National Association
  - Value: $2.7 million
  - Effective: 2024-01-25
  source text: On January 25, 2024 (the “First Amendment Effective Date”), American Shared Hospital Services (the “Company”), along with certain of its domestic subsidiaries, entered into a First Amendment to Credit Agreement (the “First Amendment”) with Fifth Third Bank, National Association (the “Lender”), amending that certain Credit Agreement dated April 9, 2021 by and among the Company, certain of its domestic subsidiaries and the Lender (the “Credit Agreement”). The First Amendment added a new term loan in the aggregate principal amount of $2.7 million (the “Supplemental Term Loan”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/744825/000143774924002708/0001437749-24-002708-index.htm

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