{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-006938","form_type":"8-K","ticker":"INLX","cik":"0001081745","company_name":"INTELLINETICS, INC.","filed_at":"2026-02-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.511523+00:00","generated_at":"2026-05-16T02:19:13.151342+00:00","sec_items":["1.01","2.03","5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Intellinetics appoints Alison Forsythe as CEO, secures $1M JPMorgan line of credit","bullets":["Alison Forsythe appointed President and CEO effective Feb 17, 2026; previously CEO of Humanyze.","Compensation: $400K base salary, up to 55% bonus, 145,600 RSUs with 2-year graded vesting.","Company entered $1M secured line of credit with JPMorgan; SOFR+2.35%, expires Dec 31, 2026.","Credit agreement requires EBITDA of at least $350K at fiscal year end.","Forsythe received $15,384 in consulting fees prior to appointment."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-006938","json":"https://secwatch.observer/filing/0001493152-26-006938.json","markdown":"https://secwatch.observer/filing/0001493152-26-006938.md","text":"https://secwatch.observer/filing/0001493152-26-006938.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1081745/000149315226006938/0001493152-26-006938-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1081745/000149315226006938/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:19:13.151342+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":"b50e4ddddc75aa40b09268a347db073703cc8305","claim":"INTELLINETICS, INC. incurred credit facility of $1 million with JPMorgan Chase Bank, N.A. at 2.35% over the Secured Overnight Financing Rate (SOFR) maturing December 31, 2026.","evidence_excerpt":"On February 16, 2026, the Intellinetics, Inc. (the “Company”) entered into a $1 million secured term loan line of credit (the “Line of Credit”) pursuant to a Credit Agreement (the “Credit Agreement”) and other related agreements with JPMorgan Chase Bank, N.A. 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(the “Company”) entered into a $1 million secured term loan line of credit (the “Line of Credit”) pursuant to a Credit Agreement (the “Credit Agreement”) and other related agreements with JPMorgan Chase Bank, N.A. (“JPMC”).","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1081745/000149315226006938/0001493152-26-006938-index.htm","comparable_excerpt":"On April 30, 2026, the parties to the Loan Agreement agreed to a loan request for 10 million USDC at a loan fee amount of 9.5% per annum and an initial maturity date of October 30, 2026, with option to renew for additional 6-month terms on a rolling basis.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1482541/000149315226021548/0001493152-26-021548-index.htm"}},{"accession":"0001437749-26-019166","ticker":"GVA","company_name":"GRANITE CONSTRUCTION INC","filed_at":"2026-06-02T20:17:31+00:00","headline":"Granite issues $600M 6.375% notes due 2034; redeems $273.7M convertibles, expects ~$500M derivative charge","event_type":"debt","sec_items":["1.01","2.03","7.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 7.01, 9.01","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-019166","json":"https://secwatch.observer/filing/0001437749-26-019166.json","markdown":"https://secwatch.observer/filing/0001437749-26-019166.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/861459/000143774926019166/0001437749-26-019166-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/861459/000143774926019166/gva20260601_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On February 16, 2026, the Intellinetics, Inc. 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(the “Company”) entered into a $1 million secured term loan line of credit (the “Line of Credit”) pursuant to a Credit Agreement (the “Credit Agreement”) and other related agreements with JPMorgan Chase Bank, N.A. (“JPMC”).","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1081745/000149315226006938/0001493152-26-006938-index.htm","comparable_excerpt":"The Credit Agreement provides for (i) a senior secured first lien term loan facility in an aggregate principal amount of $500.0 million (the “Term Loan Facility”) and (ii) a senior secured first lien revolving credit facility in an aggregate principal amount of $100.0 million","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1720592/000119312526251442/0001193125-26-251442-index.htm"}},{"accession":"0001104659-26-068661","ticker":"CECO","company_name":"CECO ENVIRONMENTAL CORP","filed_at":"2026-06-01T13:16:29+00:00","headline":"CECO Environmental completes acquisition of Thermon Group Holdings, issues ~22.5M shares and pays $329.4M cash","event_type":"m_and_a","sec_items":["2.01","2.03","5.02","5.03","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 5.02, 7.01, 9.01","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-068661","json":"https://secwatch.observer/filing/0001104659-26-068661.json","markdown":"https://secwatch.observer/filing/0001104659-26-068661.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/3197/000110465926068661/0001104659-26-068661-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/3197/000110465926068661/tm2616015d2_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On February 16, 2026, the Intellinetics, Inc. (the “Company”) entered into a $1 million secured term loan line of credit (the “Line of Credit”) pursuant to a Credit Agreement (the “Credit Agreement”) and other related agreements with JPMorgan Chase Bank, N.A. (“JPMC”).","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1081745/000149315226006938/0001493152-26-006938-index.htm","comparable_excerpt":"and (ii) approximately $290 million borrowed under the revolving credit facility thereunder (the \"Revolving Facility\"","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/3197/000110465926068661/0001104659-26-068661-index.htm"}},{"accession":"0001467623-26-000040","ticker":"DBX","company_name":"DROPBOX, INC.","filed_at":"2026-06-01T13:06:23+00:00","headline":"Dropbox secures $400M revolving credit facility, authorizes $900M share repurchase program","event_type":"other_material","sec_items":["1.01","2.03","7.01","8.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 7.01, 9.01","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001467623-26-000040","json":"https://secwatch.observer/filing/0001467623-26-000040.json","markdown":"https://secwatch.observer/filing/0001467623-26-000040.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1467623/000146762326000040/0001467623-26-000040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1467623/000146762326000040/dbx-20260601.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On February 16, 2026, the Intellinetics, Inc. (the “Company”) entered into a $1 million secured term loan line of credit (the “Line of Credit”) pursuant to a Credit Agreement (the “Credit Agreement”) and other related agreements with JPMorgan Chase Bank, N.A. (“JPMC”).","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1081745/000149315226006938/0001493152-26-006938-index.htm","comparable_excerpt":"Agent and Collateral Agent, the “Agent”) and Citizens Bank, N.A., Goldman Sachs Bank USA and RBC Capital Markets, each as Joint Lead Arranger, providing the Company with up to $400 million in borrowing capacity (the loans thereunder, the “Revolving Loans”), including a $65.0 million sublimit for the issuance of letters of credit and a $15.0 million sublimit for","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1467623/000146762326000040/0001467623-26-000040-index.htm"}},{"accession":"0001805833-26-000030","ticker":"SST","company_name":"System1, Inc.","filed_at":"2026-06-01T13:00:19+00:00","headline":"System1 exchanges $302.6M debt for $150M term loan, $39.3M preferred stock, and cash","event_type":"debt","sec_items":["1.01","2.03","3.02","7.01","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 7.01, 9.01","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001805833-26-000030","json":"https://secwatch.observer/filing/0001805833-26-000030.json","markdown":"https://secwatch.observer/filing/0001805833-26-000030.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805833/000180583326000030/0001805833-26-000030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805833/000180583326000030/sst-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On February 16, 2026, the Intellinetics, Inc. (the “Company”) entered into a $1 million secured term loan line of credit (the “Line of Credit”) pursuant to a Credit Agreement (the “Credit Agreement”) and other related agreements with JPMorgan Chase Bank, N.A. (“JPMC”).","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1081745/000149315226006938/0001493152-26-006938-index.htm","comparable_excerpt":"specified in the Exchange Agreement on the terms and subject to the conditions set forth therein. The consideration under the Exchange Agreement consists of (i) a new $150.0 million term loan facility held by the Participating Lenders (the “Priority Term Loans”), (ii) the issuance of 39,250 shares of Series A Cumulative Convertible Preferred Stock (the","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1805833/000180583326000030/0001805833-26-000030-index.htm"}},{"accession":"0001006837-26-000045","ticker":"VATE","company_name":"INNOVATE Corp.","filed_at":"2026-06-01T12:45:13+00:00","headline":"INNOVATE to sell 75% of Broadcasting to CONX Corp.; $105M bridge loan refinances existing debt","event_type":"m_and_a","sec_items":["1.01","2.03","7.01","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 7.01, 9.01","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001006837-26-000045","json":"https://secwatch.observer/filing/0001006837-26-000045.json","markdown":"https://secwatch.observer/filing/0001006837-26-000045.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1006837/000100683726000045/0001006837-26-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1006837/000100683726000045/hchc-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On February 16, 2026, the Intellinetics, Inc. (the “Company”) entered into a $1 million secured term loan line of credit (the “Line of Credit”) pursuant to a Credit Agreement (the “Credit Agreement”) and other related agreements with JPMorgan Chase Bank, N.A. (“JPMC”).","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1081745/000149315226006938/0001493152-26-006938-index.htm","comparable_excerpt":"On May 29, 2026 (the “Loan Closing Date”), Broadcasting entered into a loan agreement (the “New Loan Agreement”), as borrower, with Merger Sub, as lender and HC2 Holdco and certain of Broadcasting’s subsidiaries, as guarantors. The New Loan Agreement provides for a bridge loan facility in an aggregate principal amount of $105 million (the “Bridge Loan Facility”), to be funded in a single drawing on the Loan Closing Date.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1006837/000100683726000045/0001006837-26-000045-index.htm"}},{"accession":"0001104659-26-068521","ticker":"FDXF","company_name":"FedEx Freight Holding Company, Inc.","filed_at":"2026-06-01T10:46:03+00:00","headline":"FedEx Freight completes spin-off from FedEx; $600M drawn, new board and executives appointed","event_type":"other_material","sec_items":["1.01","2.03","3.03","5.03","5.01","5.02","5.05","8.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03, 5.02, 9.01","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-068521","json":"https://secwatch.observer/filing/0001104659-26-068521.json","markdown":"https://secwatch.observer/filing/0001104659-26-068521.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2082247/000110465926068521/0001104659-26-068521-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2082247/000110465926068521/tm2615735d2_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On February 16, 2026, the Intellinetics, Inc. (the “Company”) entered into a $1 million secured term loan line of credit (the “Line of Credit”) pursuant to a Credit Agreement (the “Credit Agreement”) and other related agreements with JPMorgan Chase Bank, N.A. (“JPMC”).","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1081745/000149315226006938/0001493152-26-006938-index.htm","comparable_excerpt":"On May 27, 2026, the Company drew down the full $600 million available under the Term Loan Facility.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2082247/000110465926068521/0001104659-26-068521-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}