{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-22-003101","form_type":"8-K","ticker":"VERX","cik":"0001806837","company_name":"Vertex, Inc.","filed_at":"2022-03-09T23:59:59+00:00","discovered_at":"2026-05-14T18:04:08.324003+00:00","generated_at":"2026-06-27T00:29:09.775205+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Vertex upsizes revolving credit to $200M, adds $50M term loan, extends maturity to 2027","bullets":["New $50M term loan added; proceeds for working capital, capex, permitted acquisitions.","Revolving line upsized to $200M; maturity extended from March 2025 to March 2027.","Base rate option at 0.00% margin; Term SOFR option at 1.00% margin.","Revolving facility had no outstanding borrowings as of March 8, 2022.","Departing lender repaid; New Lenders join under amended credit agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-22-003101","json":"https://secwatch.observer/filing/0001558370-22-003101.json","markdown":"https://secwatch.observer/filing/0001558370-22-003101.md","text":"https://secwatch.observer/filing/0001558370-22-003101.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1806837/000155837022003101/0001558370-22-003101-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1806837/000155837022003101/verx-20220309x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T00:29:09.775205+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"}