secwatch.observer — SEC 8-K summary
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Issuer:     BUILD-A-BEAR WORKSHOP INC (BBW)
CIK:        0001113809
Form:       8-K
Filed at:   2026-01-05T23:59:59+00:00
Accession:  0001437749-26-000324
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Build-A-Bear upsizes credit facility to $40M, extends maturity to 2030
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- Base borrowing increased from $25M to $40M (accordion to $50M).
- Maturity extended to December 31, 2030; interest rates reduced.
- Facility fee reduced from 0.25% to 0.20% of undrawn commitments.
- No outstanding borrowings at closing; company in compliance.
- Borrowings secured by substantially all personal property; swingline and LCs up to $5M each.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1113809/000143774926000324/0001437749-26-000324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1113809/000143774926000324/bbw20251231_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-000324

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer