---
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"
generated_at: "2026-05-24T07:41:06.698500+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sypris Solutions increases insider promissory note by $3M to $12M, extends maturity to 2029

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-008836
- JSON: https://secwatch.observer/filing/0001437749-25-008836.json
- Plain text: https://secwatch.observer/filing/0001437749-25-008836.txt

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