---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-038008"
form_type: "8-K"
ticker: "AMS"
cik: "0000744825"
company_name: "AMERICAN SHARED HOSPITAL SERVICES"
filed_at: "2025-12-16T23:59:59+00:00"
generated_at: "2026-05-16T13:07:27.559740+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# American Shared receives default notice from Fifth Third Bank; revolver suspended

## Summary
- Fifth Third Bank asserts Event of Default for missing $5M minimum cash covenant at Sept 30, 2025.
- Lender suspended the $7M revolving loan commitment; no acceleration of obligations yet.
- Company in discussions for a waiver and amendment; no assurances on outcome.
- Borrowers must pay attorney fees by Dec 15, 2025; evaluating impact on Q3 10-Q and liquidity.

## SEC filing metadata
- accession: 0001437749-25-038008
- form_type: 8-K
- ticker: AMS
- cik: 0000744825
- company_name: AMERICAN SHARED HOSPITAL SERVICES
- filed_at: 2025-12-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/744825/000143774925038008/0001437749-25-038008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744825/000143774925038008/asha20251215_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-038008
- JSON: https://secwatch.observer/filing/0001437749-25-038008.json
- Plain text: https://secwatch.observer/filing/0001437749-25-038008.txt

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