{"schema_version":"secwatch.filing_event.v1","accession":"0001529628-24-000167","form_type":"8-K","ticker":"SND","cik":"0001529628","company_name":"Smart Sand, Inc.","filed_at":"2024-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.401717+00:00","generated_at":"2026-05-31T05:53:55.644245+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Smart Sand enters $30M ABL credit facility, replacing prior $20M facility maturing Dec 2024","bullets":["New $30M senior secured asset-based revolver with First-Citizens Bank; $1M drawn at closing, $29M available.","Replaces existing $20M Jefferies Finance facility set to mature December 13, 2024.","Interest rate: SOFR plus 2.75% margin; 5-year term, non-amortizing.","Fixed charge coverage ratio covenant of 1.1:1 applies in limited circumstances.","Borrowing base based on eligible inventory & accounts receivable; excludes real estate and sand reserves from collateral."],"urls":{"canonical":"https://secwatch.observer/filing/0001529628-24-000167","json":"https://secwatch.observer/filing/0001529628-24-000167.json","markdown":"https://secwatch.observer/filing/0001529628-24-000167.md","text":"https://secwatch.observer/filing/0001529628-24-000167.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529628/000152962824000167/0001529628-24-000167-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529628/000152962824000167/snd-20240903.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T05:53:55.644245+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}