{"schema_version":"secwatch.filing_event.v1","accession":"0001603145-26-000009","form_type":"8-K","ticker":"XIFR","cik":"0001603145","company_name":"XPLR Infrastructure, LP","filed_at":"2026-03-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.606209+00:00","generated_at":"2026-05-15T08:38:07.728399+00:00","sec_items":["2.03","7.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"XPLR commits ~$315M for 49% stake in 4 battery storage JVs; renews $300M ATM program","bullets":["Borrowed ~$174M under limited-recourse senior secured variable rate term loan; $376M remains available.","Exercised co-investment options to acquire 49% equity in four battery storage JVs; total commitment ~$315M.","Funding from sale of interconnection assets to NextEra Energy Resources or JVs.","Intends to renew ATM program for up to $300M in common units to support liquidity."],"urls":{"canonical":"https://secwatch.observer/filing/0001603145-26-000009","json":"https://secwatch.observer/filing/0001603145-26-000009.json","markdown":"https://secwatch.observer/filing/0001603145-26-000009.md","text":"https://secwatch.observer/filing/0001603145-26-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1603145/000160314526000009/0001603145-26-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1603145/000160314526000009/xplr-20260326.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:38:07.728399+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":"afdb82dad42e3edcb8a2f53cd66db2510cdd8fa5","claim":"XPLR Infrastructure, LP incurred term loan of total of approximately $174 million with indirect subsidiaries of XPLR Infrastructure, LP at variable rate.","evidence_excerpt":"On March 27, 2026, indirect subsidiaries of XPLR Infrastructure, LP (XPLR) borrowed a total of approximately $174 million under a limited-recourse senior secured variable rate term loan facility. As of March 27, 2026, approximately $376 million was available under the facility, subject to specified conditions.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1603145/000160314526000009/0001603145-26-000009-index.htm","confidence":0.92}],"comparable_filings":[{"accession":"0001493152-26-021548","ticker":"BNC","company_name":"CEA Industries Inc.","filed_at":"2026-05-06T23:59:59+00:00","headline":"CEA Industries President/Director McDonald resigns; enters $10M loan at 9.5% with BitGo Prime","event_type":"other_material","sec_items":["1.01","2.03","5.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 7.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-021548","json":"https://secwatch.observer/filing/0001493152-26-021548.json","markdown":"https://secwatch.observer/filing/0001493152-26-021548.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1482541/000149315226021548/0001493152-26-021548-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1482541/000149315226021548/form8-k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 27, 2026, indirect subsidiaries of XPLR Infrastructure, LP (XPLR) borrowed a total of approximately $174 million under a limited-recourse senior secured variable rate term loan facility. As of March 27, 2026, approximately $376 million was available under the facility, subject to specified conditions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1603145/000160314526000009/0001603145-26-000009-index.htm","comparable_excerpt":"On April 30, 2026, the parties to the Loan Agreement agreed to a loan request for 10 million USDC at a loan fee amount of 9.5% per annum and an initial maturity date of October 30, 2026, with option to renew for additional 6-month terms on a rolling basis.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1482541/000149315226021548/0001493152-26-021548-index.htm"}},{"accession":"0001628280-26-029840","ticker":null,"company_name":"Ares Core Infrastructure Fund","filed_at":"2026-05-04T23:59:59+00:00","headline":"Ares Core Infrastructure Fund acquires Rover Pipeline subsidiaries, assumes ~$1.09B term loan debt","event_type":"other_material","sec_items":["2.03","8.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-029840","json":"https://secwatch.observer/filing/0001628280-26-029840.json","markdown":"https://secwatch.observer/filing/0001628280-26-029840.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2031750/000162828026029840/0001628280-26-029840-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2031750/000162828026029840/aci-20260428.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 27, 2026, indirect subsidiaries of XPLR Infrastructure, LP (XPLR) borrowed a total of approximately $174 million under a limited-recourse senior secured variable rate term loan facility. As of March 27, 2026, approximately $376 million was available under the facility, subject to specified conditions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1603145/000160314526000009/0001603145-26-000009-index.htm","comparable_excerpt":"On April 28, 2026, in connection with an investment in a portfolio company, Ares Core Infrastructure Fund (the “Fund”) acquired two wholly owned indirect subsidiaries, BCP Renaissance Parent L.L.C. (the “Rover Borrower”) and BCP Renaissance, L.L.C. (the “ Rover Borrower Subsidiary”), who are parties to a Credit Agreement, dated as of October 31, 2017 (as amended, the “Rover Credit Agreement”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000162828026029840/0001628280-26-029840-index.htm"}},{"accession":"0001140361-26-018597","ticker":"PS","company_name":"PERSHING SQUARE INC.","filed_at":"2026-05-01T23:59:59+00:00","headline":"Pershing Square Inc. completes IPO and private placement; enters $350M credit facility","event_type":"other_material","sec_items":["1.01","2.03","3.02","8.01","5.02","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-018597","json":"https://secwatch.observer/filing/0001140361-26-018597.json","markdown":"https://secwatch.observer/filing/0001140361-26-018597.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2026053/000114036126018597/0001140361-26-018597-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2026053/000114036126018597/ny20040230x31_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 27, 2026, indirect subsidiaries of XPLR Infrastructure, LP (XPLR) borrowed a total of approximately $174 million under a limited-recourse senior secured variable rate term loan facility. As of March 27, 2026, approximately $376 million was available under the facility, subject to specified conditions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1603145/000160314526000009/0001603145-26-000009-index.htm","comparable_excerpt":"on April 30, 2026, the Company and a syndicate of banks, led by Bank of America, N.A., as administrative agent, entered into a credit agreement (the “ Credit Agreement ”). The Credit Agreement consists of (i) a senior secured revolving credit facility (the “ Revolving Facility ”) in an aggregate principal amount of $250,000,000 and (ii) a senior secured term loan facility in an aggregate principal amount of $100,000,000","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2026053/000114036126018597/0001140361-26-018597-index.htm"}},{"accession":"0001437749-26-014595","ticker":"TRCK","company_name":"Track Group, Inc.","filed_at":"2026-05-04T23:59:59+00:00","headline":"Track Group completes $10.3M PIPE and $21M term loan, reduces net debt 63%","event_type":"other_material","sec_items":["1.01","5.02","2.03","3.02","5.03","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 7.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-014595","json":"https://secwatch.observer/filing/0001437749-26-014595.json","markdown":"https://secwatch.observer/filing/0001437749-26-014595.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1045942/000143774926014595/0001437749-26-014595-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1045942/000143774926014595/trkg20260430_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 27, 2026, indirect subsidiaries of XPLR Infrastructure, LP (XPLR) borrowed a total of approximately $174 million under a limited-recourse senior secured variable rate term loan facility. As of March 27, 2026, approximately $376 million was available under the facility, subject to specified conditions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1603145/000160314526000009/0001603145-26-000009-index.htm","comparable_excerpt":"On April 30, 2026, the Company and certain subsidiaries of the Company (together with the Company, collectively, the “ Borrowers ”) entered into a Credit Agreement (the “ Credit Agreement ”) by and among the Borrowers, the lenders from time to time party thereto (the “ Lenders ”), and Chatham Capital Management, LLC, as administrative agent for the Lenders (the “ Administrative Agent ”). Pursuant to the Credit Agreement, the Lenders extended a credit facility in the maximum aggregate principal amount of $24.0 million, consisting of (a) a term loan (the “ Term Loan ”) in the principal amount of $21.0 million, which was funded in full on April 30, 2026, (b) a revolving line of credit in the principal amount of $2.0 million and (c) an interest line loan facility (the “ Interest Line Loan Facility ”) in the principal amount of $1.0 million.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1045942/000143774926014595/0001437749-26-014595-index.htm"}},{"accession":"0001213900-26-052884","ticker":"MSPR","company_name":"MSP Recovery, Inc.","filed_at":"2026-05-06T23:59:59+00:00","headline":"MSP Recovery secures $275K in discretionary advances from Hazel and Virage; appoints CRO amid liquidity strain","event_type":"other_material","sec_items":["1.01","2.03","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-052884","json":"https://secwatch.observer/filing/0001213900-26-052884.json","markdown":"https://secwatch.observer/filing/0001213900-26-052884.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1802450/000121390026052884/0001213900-26-052884-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1802450/000121390026052884/ea0289507-8k_msprecovery.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 27, 2026, indirect subsidiaries of XPLR Infrastructure, LP (XPLR) borrowed a total of approximately $174 million under a limited-recourse senior secured variable rate term loan facility. As of March 27, 2026, approximately $376 million was available under the facility, subject to specified conditions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1603145/000160314526000009/0001603145-26-000009-index.htm","comparable_excerpt":"On May 1, 2026, MSP Recovery, Inc. (the “Company”), through its subsidiaries, entered into a letter agreement with Hazel Partners Holdings LLC (“Hazel”), in its capacity as administrative agent and lender under the Company’s existing working capital credit facility (the “Hazel Letter Agreement”) to provide $0.1 million to be used primarily for operating expenses.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1802450/000121390026052884/0001213900-26-052884-index.htm"}},{"accession":"0001213900-26-051696","ticker":"OLOX","company_name":"OLENOX INDUSTRIES INC.","filed_at":"2026-05-04T23:59:59+00:00","headline":"Subsidiary SG Echo LLC files Chapter 11; Olenox continues normal operations","event_type":"other_material","sec_items":["1.03","2.04","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: debt_financing","same SEC item: 7.01","same event type: other_material"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-051696","json":"https://secwatch.observer/filing/0001213900-26-051696.json","markdown":"https://secwatch.observer/filing/0001213900-26-051696.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023994/000121390026051696/0001213900-26-051696-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023994/000121390026051696/ea0289100-8k_olenox.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 27, 2026, indirect subsidiaries of XPLR Infrastructure, LP (XPLR) borrowed a total of approximately $174 million under a limited-recourse senior secured variable rate term loan facility. As of March 27, 2026, approximately $376 million was available under the facility, subject to specified conditions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1603145/000160314526000009/0001603145-26-000009-index.htm","comparable_excerpt":"The filing of the Chapter 11 Case constitutes an event of default that accelerated obligations under the following material debt instruments and agreements: (i) approximately $4 million (plus any accrued but unpaid interest in respect thereof) under that certain Loan and Security Agreement between SG Echo, LLC and Enhanced Capital Oklahoma Rural Fund, LLC, dated as of September 20, 2024 (the “Enhanced Loan Agreement”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1023994/000121390026051696/0001213900-26-051696-index.htm"}},{"accession":"0001213900-26-054183","ticker":"EMAT","company_name":"Evolution Metals & Technologies Corp.","filed_at":"2026-05-11T23:59:59+00:00","headline":"EMAT secures $100M convertible debenture facility from Yorkville; first $20M tranche issued","event_type":"debt","sec_items":["1.01","2.03","3.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 7.01","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-054183","json":"https://secwatch.observer/filing/0001213900-26-054183.json","markdown":"https://secwatch.observer/filing/0001213900-26-054183.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/ea0290073-8k_evolution.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 27, 2026, indirect subsidiaries of XPLR Infrastructure, LP (XPLR) borrowed a total of approximately $174 million under a limited-recourse senior secured variable rate term loan facility. As of March 27, 2026, approximately $376 million was available under the facility, subject to specified conditions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1603145/000160314526000009/0001603145-26-000009-index.htm","comparable_excerpt":"The first Convertible Debenture (the “First Debenture”) in the principal amount of $20,000,000 was issued on May 7, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm"}},{"accession":"0001193125-26-214743","ticker":"CTGO","company_name":"Contango Silver & Gold Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"Contango Silver & Gold acquires Lucky Shot for $16.1M; reports high-grade gold intercepts","event_type":"m_and_a","sec_items":["1.01","1.02","2.03","7.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 7.01","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-214743","json":"https://secwatch.observer/filing/0001193125-26-214743.json","markdown":"https://secwatch.observer/filing/0001193125-26-214743.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1502377/000119312526214743/0001193125-26-214743-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1502377/000119312526214743/ctgo-20260504.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 27, 2026, indirect subsidiaries of XPLR Infrastructure, LP (XPLR) borrowed a total of approximately $174 million under a limited-recourse senior secured variable rate term loan facility. As of March 27, 2026, approximately $376 million was available under the facility, subject to specified conditions.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1603145/000160314526000009/0001603145-26-000009-index.htm","comparable_excerpt":"On May 4, 2026, Contango Lucky Shot Alaska, LLC (“LSA”), a wholly-owned subsidiary of Contango Silver & Gold Inc. (“Contango” or the “Company”), entered into a purchase and sale agreement (the “Purchase Agreement”) and executed a promissory note (the “Promissory Note”) with Alaska Hardrock Inc. (“AHI”)","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1502377/000119312526214743/0001193125-26-214743-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}