secwatch.observer — SEC 8-K summary
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Issuer:     Stabilis Solutions, Inc. (SLNG)
CIK:        0001043186
Form:       8-K
Filed at:   2026-06-30T20:05:09+00:00
Accession:  0001437749-26-022140
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stabilis Solutions amends credit agreement; adds $5M cash collateral and revised covenant
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- Second Modification Agreement with Huntington National Bank amends existing Loan Agreement dated June 9, 2023.
- New minimum Fixed Charge Coverage Ratio of 1.20 to 1.00, tested quarterly on a trailing twelve-month basis from March 31, 2027.
- Requires at least $5M in a segregated Cash Collateral Account; revolving credit limited to that amount until compliance for two consecutive quarters.
- Revolving credit facility maximum of $10M; upfront fee of $15,000 paid to the Bank.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043186/000143774926022140/0001437749-26-022140-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043186/000143774926022140/slng20260629_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-022140

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