{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-008115","form_type":"8-K","ticker":"RICK","cik":"0000935419","company_name":"RCI HOSPITALITY HOLDINGS, INC.","filed_at":"2023-03-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.647851+00:00","generated_at":"2026-06-18T02:42:17.775637+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"RCI Hospitality subsidiary closes $10M credit line for nightclub acquisitions","bullets":["$10M line from Centennial Bank; initial advance used to buy five nightclubs in Dallas/Ft. Worth and Houston, TX.","Interest-only payments at Prime + 1%; initial 24-month term; converts to $5M revolver after principal repaid to $5M.","Guaranteed by parent RCI Hospitality Holdings and CEO Eric Langan; UCC-1 blanket lien on all business assets.","Non-usage fee of 0.5% applies if average outstanding balance <$3M over prior 12 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-008115","json":"https://secwatch.observer/filing/0001628280-23-008115.json","markdown":"https://secwatch.observer/filing/0001628280-23-008115.md","text":"https://secwatch.observer/filing/0001628280-23-008115.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/935419/000162828023008115/0001628280-23-008115-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/935419/000162828023008115/rick-20230309.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T02:42:17.775637+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":"24e268402e1223e2b024883210b6b0428cb93bcd","claim":"RCI HOSPITALITY HOLDINGS, INC. incurred credit facility of $10 million with Centennial Bank at 1% above the Prime Rate (as published in The Wall Street Journal) maturing March 9, 2025.","evidence_excerpt":"On March 9, 2023, RCI Holdings, Inc. (“RCI Holdings”), a wholly owned subsidiary of RCI Hospitality Holdings, Inc. closed a $10 million line of credit with Centennial Bank (the “Loan”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/935419/000162828023008115/0001628280-23-008115-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$10 million"},{"label":"Counterparty","value":"Centennial Bank"},{"label":"Rate","value":"1% above the Prime Rate (as published in The Wall Street Journal)"},{"label":"Maturity","value":"March 9, 2025"},{"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"}