{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-029062","form_type":"8-K","ticker":null,"cik":"0001056285","company_name":"BRAND HOUSE COLLECTIVE, INC.","filed_at":"2025-09-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.216812+00:00","generated_at":"2026-05-17T06:35:45.489866+00:00","sec_items":["1.01","2.03","3.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"TBHC secures $20M delayed-draw term loan, sells Kirkland's brand to Beyond for $10M","bullets":["New $20M delayed-draw term loan commitments from Bed Bath & Beyond (Beyond) under amended credit agreement with existing lenders.","Sale of Kirkland's brand trademarks and domain names to Beyond for $10M (up from $5M) closed on September 15, 2025.","Kirkland's brand licensed back to TBHC for up to two years for store operations; license expires on rebranding/closure or two years.","Fourth Amendment with Bank of America permits the Beyond loan, adjusts change-of-control ownership threshold to 75%, and releases liens on Kirkland's brand.","Proceeds from the brand sale will be used for general working capital and operating expenses."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-029062","json":"https://secwatch.observer/filing/0001437749-25-029062.json","markdown":"https://secwatch.observer/filing/0001437749-25-029062.md","text":"https://secwatch.observer/filing/0001437749-25-029062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1056285/000143774925029062/0001437749-25-029062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1056285/000143774925029062/kirk20250909_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:35:45.489866+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":"6527359873dda96a72c9f1f0750ac0bed01ac70c","claim":"BRAND HOUSE COLLECTIVE, INC. incurred term loan of $20 million with Bed Bath & Beyond, Inc. (Beyond).","evidence_excerpt":"new delayed-draw term loan commitments in an aggregate original principal amount of $20 million","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1056285/000143774925029062/0001437749-25-029062-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$20 million"},{"label":"Counterparty","value":"Bed Bath & Beyond, Inc. (Beyond)"},{"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"}