{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-031161","form_type":"8-K","ticker":"SGRP","cik":"0001004989","company_name":"SPAR Group, Inc.","filed_at":"2025-10-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.483104+00:00","generated_at":"2026-05-17T03:29:49.185245+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"SPAR Group extends credit facility to Oct 2027, increases US revolver to $30M, waives defaults","bullets":["Term extended from Oct 2025 to Oct 2027; US revolver increased from $28M to $30M; Canadian facility increased to US$6M.","Unbilled accounts cap raised to $15M (US) and $2M (Canada) from $7M and CDN$800K.","Lender waived defaults for late July/Aug 2025 financials and unauthorized Canadian credit card debt/lien.","Interest rate remains Prime + 1.25% with 6.75% floor; facility fee of 0.60% on benchmark amounts.","Borrowers reaffirmed covenants and representations; post-closing conditions to address RBC lien."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-031161","json":"https://secwatch.observer/filing/0001437749-25-031161.json","markdown":"https://secwatch.observer/filing/0001437749-25-031161.md","text":"https://secwatch.observer/filing/0001437749-25-031161.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1004989/000143774925031161/0001437749-25-031161-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1004989/000143774925031161/sgrp20251015_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:29:49.185245+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}