{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-008828","form_type":"8-K","ticker":"AGX","cik":"0000100591","company_name":"ARGAN INC","filed_at":"2024-05-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.838862+00:00","generated_at":"2026-06-01T07:03:27.432316+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Argan enters new $35M credit facility with Bank of America, expands total capacity","bullets":["Base commitment reduced from $50M to $35M, but accordion increased from $10M to $30M, allowing up to $65M.","Revolving loans bear interest at SOFR + 1.85%; letter of credit fees adjusted to market.","New $25M companion facility for Irish subsidiary (APCL) for LCs, secured by parent guarantee.","Credit agreement matures May 31, 2027; replaces prior 2017 facility.","Total potential credit capacity including accordion and companion facility is $90M."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-008828","json":"https://secwatch.observer/filing/0001558370-24-008828.json","markdown":"https://secwatch.observer/filing/0001558370-24-008828.md","text":"https://secwatch.observer/filing/0001558370-24-008828.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/100591/000155837024008828/0001558370-24-008828-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/100591/000155837024008828/agx-20240524x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T07:03:27.432316+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"}