{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-019766","form_type":"8-K","ticker":null,"cik":"0001725134","company_name":"Digital Media Solutions, Inc.","filed_at":"2023-05-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.248583+00:00","generated_at":"2026-06-14T14:43:24.630562+00:00","sec_items":["2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Digital Media Solutions draws $10M at 9.38% under revolving credit facility, fully drawn at $50M","bullets":["Borrowed $10M on May 24, 2023 at 9.38% interest under its $50M senior secured revolving credit facility.","Total outstanding under the facility is now $50.0M, fully drawn (previous draws: $5M Oct 2022, $35M Dec 2022).","Proceeds intended for general corporate purposes; post-draw cash on hand was approximately $27.7M.","Facility maintained under May 2021 credit agreement with lenders arranged by Truist Bank and Fifth Third Bank."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-019766","json":"https://secwatch.observer/filing/0001628280-23-019766.json","markdown":"https://secwatch.observer/filing/0001628280-23-019766.md","text":"https://secwatch.observer/filing/0001628280-23-019766.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1725134/000162828023019766/0001628280-23-019766-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1725134/000162828023019766/dms-20230524.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T14:43:24.630562+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":"ba3a5a6a6d23ed8538d920837de12556dce189fe","claim":"Digital Media Solutions, Inc. incurred revolving credit of $10.0 million with Truist Bank at 9.38%.","evidence_excerpt":"On May 24, 2023, Digital Media Solutions, LLC (“DMS” or the “Company”), a subsidiary of Digital Media Solutions, Inc. (the “Company”), drew $10.0 million, at a borrowing rate of 9.38%, under its $50 million senior secured revolving credit facility","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1725134/000162828023019766/0001628280-23-019766-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$10.0 million"},{"label":"Counterparty","value":"Truist Bank"},{"label":"Rate","value":"9.38%"},{"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"}