{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-008836","form_type":"8-K","ticker":"SYPR","cik":"0000864240","company_name":"SYPRIS SOLUTIONS INC","filed_at":"2025-03-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.548302+00:00","generated_at":"2026-05-24T07:41:06.698500+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Sypris Solutions increases insider promissory note by $3M to $12M, extends maturity to 2029","bullets":["Amended promissory note with GFCM (insider controlled by CEO/director) increases total principal to $12M from $9M.","Repayment schedule: $2M due Apr 1, 2026; $2M Apr 1, 2027; $5M Apr 1, 2028; $3M Apr 1, 2029.","Interest variable per annum: greater of 8% or 500 bps above 5-yr UST, adjusted each April 1.","Makers can defer up to 100% of quarterly interest payments until April 1, 2026.","Note secured by first-priority security interest in all assets of Makers and guarantors."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-008836","json":"https://secwatch.observer/filing/0001437749-25-008836.json","markdown":"https://secwatch.observer/filing/0001437749-25-008836.md","text":"https://secwatch.observer/filing/0001437749-25-008836.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/864240/000143774925008836/0001437749-25-008836-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/864240/000143774925008836/sypr20250321_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T07:41:06.698500+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"}