secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN SHARED HOSPITAL SERVICES (AMS)
CIK:        0000744825
Form:       8-K
Filed at:   2024-01-31T23:59:59+00:00
Accession:  0001437749-24-002708
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744825/000143774924002708/0001437749-24-002708-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744825/000143774924002708/asha20240130_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-002708

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