secwatch.observer — SEC 8-K summary
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Issuer:     Smart Sand, Inc. (SND)
CIK:        0001529628
Form:       8-K
Filed at:   2026-09-03T20:24:47+00:00
Accession:  0001529628-26-000104
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smart Sand expands credit facility by $20M to $50M, extends maturity to 2031
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- Amendment No. 2 increases revolving commitments from $30M to $50M; term extended to September 1, 2031.
- $20M sublimit based on Oakdale, Wisconsin facility value; negative pledge on Oakdale real property added.
- $20M deduction for unfinanced capital expenditures added to fixed charge coverage ratio calculation.
- Amendment fee of $150,000 paid to First-Citizens Bank & Trust Company, agent and sole lender.
- Borrowers must maintain at least $20M excess availability after giving effect to the amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529628/000152962826000104/0001529628-26-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529628/000152962826000104/snd-20260901.htm
  HTML page:      https://secwatch.observer/filing/0001529628-26-000104

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