{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-001742","form_type":"8-K","ticker":"SYPR","cik":"0000864240","company_name":"SYPRIS SOLUTIONS INC","filed_at":"2025-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.548001+00:00","generated_at":"2026-05-27T12:37:09.260874+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Sypris Solutions extends $9M promissory note with CEO-related entity to April 2028","bullets":["Amended and restated $9M promissory note with Gill Family Capital Management (controlled by CEO Jeffrey Gill and director R. Scott Gill) effective Jan 20, 2025.","Maturity extended by one year to April 1, 2028; principal due: $2M Apr 1, 2026, $2M Apr 1, 2027, $5M balance Apr 1, 2028.","Interest rate variable: greater of 8% or 500 bps above 5-year Treasury; reset annually; default rate 10%.","Note secured by first-priority security interest in all assets of Sypris and its subsidiaries; additional purchase-money debt permitted.","No new funds advanced; existing debt restructured, extending repayment timeline."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-001742","json":"https://secwatch.observer/filing/0001437749-25-001742.json","markdown":"https://secwatch.observer/filing/0001437749-25-001742.md","text":"https://secwatch.observer/filing/0001437749-25-001742.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/864240/000143774925001742/0001437749-25-001742-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/864240/000143774925001742/sypr20250122_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T12:37:09.260874+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"}