{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-028281","form_type":"8-K","ticker":"RMCF","cik":"0001616262","company_name":"Rocky Mountain Chocolate Factory, Inc.","filed_at":"2025-09-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.489894+00:00","generated_at":"2026-05-17T08:32:12.186050+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Rocky Mountain Chocolate Factory borrows $1.8M from insiders at 12% interest","bullets":["Borrowed $1.2M from RMCF2 Credit, LLC (affiliated with Interim CEO Jeffrey Geygan) via a new credit agreement.","Received an additional $600K from RMC Credit Facility, LLC (affiliated with director Steven Craig) via an amendment.","Both loans bear 12% annual interest, mature Sept 30, 2027, and are secured by the Durango, CO property and other assets.","Financial covenant for maximum total liabilities to net worth was waived for fiscal quarters ending Aug 31 and Nov 30, 2025.","Proceeds will fund continued capital investment and working capital needs."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-028281","json":"https://secwatch.observer/filing/0001437749-25-028281.json","markdown":"https://secwatch.observer/filing/0001437749-25-028281.md","text":"https://secwatch.observer/filing/0001437749-25-028281.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1616262/000143774925028281/0001437749-25-028281-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1616262/000143774925028281/rmcfd20250829_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T08:32:12.186050+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":"aa82632e3444016e2d1363b76747df3f41e0b16a","claim":"Rocky Mountain Chocolate Factory, Inc. amended credit facility of $600,000 with RMC Credit Facility, LLC at 12% per annum maturing September 30, 2027.","evidence_excerpt":"RMC agreed to make an additional advance to the Company in the principal amount of $600,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1616262/000143774925028281/0001437749-25-028281-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$600,000"},{"label":"Counterparty","value":"RMC Credit Facility, LLC"},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"September 30, 2027"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"b65be47294fbca1336a7f035e9689ea0837c9353","claim":"Rocky Mountain Chocolate Factory, Inc. incurred loan of $1,200,000 with RMCF2 Credit, LLC at 12% per annum maturing September 30, 2027.","evidence_excerpt":"RMCF2 agreed to make an advance to the Company in the principal amount of $1,200,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1616262/000143774925028281/0001437749-25-028281-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$1,200,000"},{"label":"Counterparty","value":"RMCF2 Credit, LLC"},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"September 30, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}