{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-028099","form_type":"8-K","ticker":"CYAN","cik":"0000768408","company_name":"CYANOTECH CORP","filed_at":"2025-09-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.342280+00:00","generated_at":"2026-05-17T09:05:42.666283+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Cyanotech increases revolver to $4.6M, extends maturity to April 2027","bullets":["Fifth Amendment raises maximum borrowing from $4.0M to $4.6M; minimum draw lowered from $250K to $200K.","Revolver maturity extended from April 12, 2026 to April 12, 2027.","Amendment is with Skywords Family Foundation, controlled by Chairman and largest stockholder Michael Davis."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-028099","json":"https://secwatch.observer/filing/0001437749-25-028099.json","markdown":"https://secwatch.observer/filing/0001437749-25-028099.md","text":"https://secwatch.observer/filing/0001437749-25-028099.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/768408/000143774925028099/0001437749-25-028099-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/768408/000143774925028099/cyan20250830_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T09:05:42.666283+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":[{"claim_id":"1e71d64fe79c640a52f891142511bfd96dfe270b","claim":"CYANOTECH CORP amended credit facility of $4,000,000 to $4,600,000 with Skywords Family Foundation, Inc. maturing April 12, 2027.","evidence_excerpt":"The Amendment increases the amount that the Company may borrow from time to time under the Note from $4,000,000 to $4,600,000 on a revolving basis (the \"Revolver\"), lowers the minimum draw amount from $250,000 to $200,000, and amends the maturity date of the Revolver from April 12, 2026 to April 12, 2027.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/768408/000143774925028099/0001437749-25-028099-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$4,000,000 to $4,600,000"},{"label":"Counterparty","value":"Skywords Family Foundation, Inc."},{"label":"Maturity","value":"April 12, 2027"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}