{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-012792","form_type":"8-K","ticker":"LEGH","cik":"0001436208","company_name":"Legacy Housing Corp","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.918350+00:00","generated_at":"2026-06-12T12:42:08.773204+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Legacy Housing enters $50M credit facility with Prosperity Bank, terminates Capital One deal","bullets":["New $50M credit facility with Prosperity Bank, including $25M accordion feature.","Prior credit agreement with Capital One terminated simultaneously.","Facility dated July 28, 2023; no financial terms beyond facility size disclosed.","The credit agreement includes revolving commitments and standard covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-012792","json":"https://secwatch.observer/filing/0001558370-23-012792.json","markdown":"https://secwatch.observer/filing/0001558370-23-012792.md","text":"https://secwatch.observer/filing/0001558370-23-012792.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1436208/000155837023012792/0001558370-23-012792-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1436208/000155837023012792/legh-20230728x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T12:42:08.773204+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":"1803b985798a31cd7c83415cd6289d0007b32025","claim":"Legacy Housing Corp incurred credit facility of $50 million credit facility with Prosperity Bank.","evidence_excerpt":"On July 28, 2023, Legacy Housing Corporation (“Legacy” or the “Company”) and Prosperity Bank (“Prosperity”) entered into a Credit Agreement (the “Credit Agreement” or the “Agreement”). Pursuant to the Agreement, Prosperity will provide Legacy with a $50 million credit facility.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1436208/000155837023012792/0001558370-23-012792-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$50 million credit facility"},{"label":"Counterparty","value":"Prosperity Bank"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"f5d93fbca7c1e659b3b52caeba3b7cffaaee7e72","claim":"Legacy Housing Corp entered into Credit Agreement with Prosperity Bank valued at $50 million credit facility (effective 2023-07-28).","evidence_excerpt":"On July 28, 2023, Legacy Housing Corporation (“Legacy” or the “Company”) and Prosperity Bank (“Prosperity”) entered into a Credit Agreement (the “Credit Agreement” or the “Agreement”). Pursuant to the Agreement, Prosperity will provide Legacy with a $50 million credit facility.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1436208/000155837023012792/0001558370-23-012792-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Prosperity Bank"},{"label":"Value","value":"$50 million credit facility"},{"label":"Effective","value":"2023-07-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}