---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-038291"
form_type: "8-K"
ticker: "ELMD"
cik: "0001488917"
company_name: "Electromed, Inc."
filed_at: "2025-12-18T23:59:59+00:00"
generated_at: "2026-05-16T12:43:54.763567+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Electromed enters $10M revolving credit facility with BMO Bank N.A., maturing December 2026

## Summary
- $10M revolving line of credit at 1-month Term SOFR plus 1.75%, maturing December 16, 2026.
- First-priority security interest granted on substantially all existing and future assets.
- Financial covenants: Fixed Charge Coverage Ratio ≥ 1.20x; Total Funded Debt/EBITDA ≤ 2.50x when drawn.
- Proceeds used for capital expenditures, working capital, and general corporate purposes.
- Existing credit facility with Choice Financial Group terminated in connection with this new facility.

## SEC filing metadata
- accession: 0001437749-25-038291
- form_type: 8-K
- ticker: ELMD
- cik: 0001488917
- company_name: Electromed, Inc.
- filed_at: 2025-12-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1488917/000143774925038291/0001437749-25-038291-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1488917/000143774925038291/elmd20251209_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-038291
- JSON: https://secwatch.observer/filing/0001437749-25-038291.json
- Plain text: https://secwatch.observer/filing/0001437749-25-038291.txt

## Key facts
- Debt Financings
  Electromed, Inc. incurred credit facility of $10,000,000 revolving line of credit with BMO Bank N.A. at one-month Term SOFR plus 1.75% maturing December 16, 2026.
  - Instrument: credit facility
  - Principal: $10,000,000 revolving line of credit
  - Counterparty: BMO Bank N.A.
  - Rate: one-month Term SOFR plus 1.75%
  - Maturity: December 16, 2026
  - Event: incurrence
  source text: The Credit Agreement provides the Company with a senior security credit facility with a $10,000,000 revolving line of credit (the “Credit Facility”). The Credit Agreement provides that the Credit Facility will mature on December 16, 2026. Any borrowings under the Credit Facility will bear interest at one-month Term SOFR plus 1.75%, payable monthly.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1488917/000143774925038291/0001437749-25-038291-index.htm

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