{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-008900","form_type":"8-K","ticker":"BEEP","cik":"0001847874","company_name":"Mobile Infrastructure Corp","filed_at":"2024-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.985632+00:00","generated_at":"2026-06-05T04:07:43.174102+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mobile Infrastructure extends credit facility to June 2025; interest rate steps up after Oct 2024","bullets":["Maturity extended to June 30, 2025 with two six-month extension options ending Oct 1, 2024 and Apr 1, 2025.","Applicable SOFR rate rises from 3.0% to 3.5% after Oct 1, 2024 and to 4.0% after Apr 1, 2025.","Borrower must prepay 100% of net proceeds from equity offerings, asset sales, or refinancings (Capital Events).","Equity pledgor (Mobile Infra Holdings) pledges all interests in Clarksburg, Clybourn, Milwaukee Old World properties as additional collateral.","Borrower required to work diligently to refinance the Streeter Property in Chicago."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-008900","json":"https://secwatch.observer/filing/0001493152-24-008900.json","markdown":"https://secwatch.observer/filing/0001493152-24-008900.md","text":"https://secwatch.observer/filing/0001493152-24-008900.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1847874/000149315224008900/0001493152-24-008900-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1847874/000149315224008900/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T04:07:43.174102+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":[{"claim_id":"f3ed44f0872c6a1b50a489b7d25a6906b065c456","claim":"Mobile Infrastructure Corp amended credit facility with KeyBank National Association maturing June 30, 2025.","evidence_excerpt":"Pursuant to the Third Amendment, the parties agreed to extend the maturity date of the Credit Agreement to a maximum maturity date of June 30, 2025, subject to certain interest rate adjustments after the first extended maturity date of October 1, 2024, and certain further interest rate adjustments after the second extended maturity date of April 1, 2025.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1847874/000149315224008900/0001493152-24-008900-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Counterparty","value":"KeyBank National Association"},{"label":"Maturity","value":"June 30, 2025"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"ad1e4a57ce3fd2d12af682d5ef6b874dafc6b306","claim":"Mobile Infrastructure Corp amended Third Amendment to Credit Agreement with KeyBank National Association valued at Extended maturity date to June 30, 2025, with interest rate adjustments; required to refinance Chica (effective 2024-03-01).","evidence_excerpt":"On March 1, 2024, Mobile Infrastructure Corporation (the “ Company ”) entered into that certain Third Amendment to Credit Agreement (the “ Third Amendment ”), by and among the Company, Mobile Infra Operating Company, LLC (the “ Operating Company ”), certain subsidiaries of the Operating Company (together with the Operating Company, the “ Borrower ”), and KeyBank National Association (“ KeyBank ”), amending that certain Credit Agreement, dated as of March 29, 2022, as amended by that certain First Amendment to Credit Agreement, dated as of November 17, 2022, and as further amended by that Waiver and Second Amendment to Credit Agreement, dated as of August 25, 2023 (collectively with the Third Amendment, the “ Credit Agreement ”), by and among the Borrower, the Company, KeyBank and the other financial institutions party thereto as lenders.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1847874/000149315224008900/0001493152-24-008900-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"KeyBank National Association"},{"label":"Value","value":"Extended maturity date to June 30, 2025, with interest rate adjustments; required to refinance Chica"},{"label":"Effective","value":"2024-03-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}