{"schema_version":"secwatch.filing_event.v1","accession":"0001553350-22-000988","form_type":"8-K","ticker":"SPFX","cik":"0001807893","company_name":"STANDARD PREMIUM FINANCE HOLDINGS, INC.","filed_at":"2022-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.234858+00:00","generated_at":"2026-06-21T09:44:08.667851+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Standard Premium Finance extends $45M revolver maturity to Nov 2025, swaps LIBOR for SOFR, cuts facility fee","bullets":["Maturity extended to November 30, 2025; index rate changed from one-month LIBOR to one-month SOFR.","Minimum Tangible Net Worth covenant set at $13.5M; prior $8.5M subordinated debt requirement removed.","Annual facility fee reduced from 0.35% to 0.25% of committed amount ($45M).","Applicable margin tiered based on Total Liabilities/Tangible Net Worth (starting at 2.75%).","Borrower paid $112,500 amendment fee; all other material terms unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001553350-22-000988","json":"https://secwatch.observer/filing/0001553350-22-000988.json","markdown":"https://secwatch.observer/filing/0001553350-22-000988.md","text":"https://secwatch.observer/filing/0001553350-22-000988.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1807893/000155335022000988/0001553350-22-000988-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1807893/000155335022000988/spfx_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T09:44:08.667851+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":"da265349e5e181afdee4c60276c38e35a2f87093","claim":"STANDARD PREMIUM FINANCE HOLDINGS, INC. amended Second Amendment to Loan Agreement with First Horizon Bank (effective 2022-11-30).","evidence_excerpt":"On November 30, 2022, the Borrower and the Lender entered into a Second Amendment to Loan Agreement (\"Second Amendment\"), which extended the maturity until November 30, 2025.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1807893/000155335022000988/0001553350-22-000988-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"First Horizon Bank"},{"label":"Effective","value":"2022-11-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}