---
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"
generated_at: "2026-05-17T09:05:42.666283+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Cyanotech increases revolver to $4.6M, extends maturity to April 2027

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-028099
- JSON: https://secwatch.observer/filing/0001437749-25-028099.json
- Plain text: https://secwatch.observer/filing/0001437749-25-028099.txt

## Key facts
- Debt Financings
  CYANOTECH CORP amended credit facility of $4,000,000 to $4,600,000 with Skywords Family Foundation, Inc. maturing April 12, 2027.
  - Instrument: credit facility
  - Principal: $4,000,000 to $4,600,000
  - Counterparty: Skywords Family Foundation, Inc.
  - Maturity: April 12, 2027
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/768408/000143774925028099/0001437749-25-028099-index.htm

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