{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-019847","form_type":"8-K","ticker":null,"cik":"0001634447","company_name":"ISUN, INC.","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.343226+00:00","generated_at":"2026-06-01T23:13:39.485196+00:00","sec_items":["2.04"],"event_type":"debt","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"iSun receives default notice from Decathlon on $8M loan; acceleration demanded","bullets":["Decathlon Growth Credit declared Event of Default on May 9, 2024, citing failure to deliver Deposit Account Control Agreements.","Default also includes incurrence of unpermitted indebtedness and granting liens in violation of the Loan Agreement.","Decathlon demands immediate payment of all obligations owed, plus collection costs.","Loan Agreement was entered December 12, 2023 for up to $8 million principal amount."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-019847","json":"https://secwatch.observer/filing/0001493152-24-019847.json","markdown":"https://secwatch.observer/filing/0001493152-24-019847.md","text":"https://secwatch.observer/filing/0001493152-24-019847.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1634447/000149315224019847/0001493152-24-019847-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1634447/000149315224019847/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T23:13:39.485196+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":"2afacff57354de69b2656150a571c6fc3f448c47","claim":"ISUN, INC. faced acceleration on loan of up to $8,000,000 with Decathlon Growth Credit, LLC.","evidence_excerpt":"Revenue Loan and Security Agreement (the “Loan Agreement”) with Decathlon Specialty Finance, LLC, pursuant to which the Company borrowed the aggregate principal amount of up to $8,000,000, as described in the Company’s Current Report on Form 8-K, dated December 13, 2023. On May 9, 2024, the Company received notice from Decathlon Growth Credit, LLC (“Decathlon”),","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1634447/000149315224019847/0001493152-24-019847-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"up to $8,000,000"},{"label":"Counterparty","value":"Decathlon Growth Credit, LLC"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}