{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-009373","form_type":"8-K","ticker":"ISSC","cik":"0000836690","company_name":"INNOVATIVE SOLUTIONS & SUPPORT INC","filed_at":"2025-07-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.477327+00:00","generated_at":"2026-05-18T04:48:15.861014+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"IS&S enters new $100M credit facility with JPMorgan, replacing $35M line","bullets":["New credit agreement provides $30M revolver, $25M term loan, and $45M delayed draw term loan.","Facility matures in five years; interest at SOFR plus 175-275 bps based on leverage ratio.","Proceeds refinanced existing $35M PNC line and pay transaction costs; delayed draw for acquisitions.","Includes accordion feature to request up to $25M in additional loan commitments.","CFO cites expanded liquidity and improved flexibility to execute long-term growth strategy."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-009373","json":"https://secwatch.observer/filing/0001558370-25-009373.json","markdown":"https://secwatch.observer/filing/0001558370-25-009373.md","text":"https://secwatch.observer/filing/0001558370-25-009373.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/836690/000155837025009373/0001558370-25-009373-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/836690/000155837025009373/issc-20250722x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T04:48:15.861014+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":"766dbe968a655b53001b7b1b4133e0f022991be6","claim":"INNOVATIVE SOLUTIONS & SUPPORT INC incurred credit facility of up to USD $100.0 million with JPMorgan Chase Bank, N.A. at Adjusted Term Secured Overnight Financing Rate (“SOFR”) plus an applicable margi maturing five years following the date of the initial advance.","evidence_excerpt":"On July 18, 2025, Innovative Solutions and Support, Inc. (the “Company”), its wholly-owned subsidiary Innovative Solutions and Support, LLC (“Borrower”) and certain domestic subsidiaries entered into a Credit Agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A. (the “Bank”) and the other lender parties thereto, which Credit Agreement provides for the Bank to extend to the Borrower credit facilities in an aggregate principal amount of up to USD $100.0 million (the “Credit Facilities”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/836690/000155837025009373/0001558370-25-009373-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to USD $100.0 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"Adjusted Term Secured Overnight Financing Rate (“SOFR”) plus an applicable margi"},{"label":"Maturity","value":"five years following the date of the initial advance"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}