{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-042942","form_type":"8-K","ticker":"SNWV","cik":"0001417663","company_name":"SANUWAVE Health, Inc.","filed_at":"2025-09-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.938830+00:00","generated_at":"2026-05-17T05:33:09.322120+00:00","sec_items":["1.01","1.02","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Sanuwave signs $28M J.P. Morgan credit facility, repays $27.5M NH Expansion debt","bullets":["$23M secured term loan (4-yr maturity) + $5M revolver backed by receivables, both at SOFR+350bp.","Total drawn at close ~$24M used to repay $27.5M NH Expansion facility; remaining $3.5M + $1.3M fees paid from cash.","No prepayment penalties; terms include max leverage 2.50x and min fixed charge coverage 1.25x.","Proceeds used for working capital and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-042942","json":"https://secwatch.observer/filing/0001628280-25-042942.json","markdown":"https://secwatch.observer/filing/0001628280-25-042942.md","text":"https://secwatch.observer/filing/0001628280-25-042942.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1417663/000162828025042942/0001628280-25-042942-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1417663/000162828025042942/snwv-20250925.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:33:09.322120+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":"41a67f85a80a9500d0737d565d6b7235c89dfab1","claim":"SANUWAVE Health, Inc. incurred revolving credit of $5.0 million secured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent at term rate based upon the secured overnight financing rate (“SOFR”) plus a margin maturing September 25, 2027.","evidence_excerpt":"and a $5.0 million secured revolving credit facility (the \"Revolver\" and together with the Term Loan, the \"Facility\") that matures September 25, 2027","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1417663/000162828025042942/0001628280-25-042942-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$5.0 million secured revolving credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Rate","value":"term rate based upon the secured overnight financing rate (“SOFR”) plus a margin"},{"label":"Maturity","value":"September 25, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"f7f6157ba9a2ff0e3b1564cadd1a4949ccfd2657","claim":"SANUWAVE Health, Inc. incurred credit facility of $23.0 million secured term loan with JPMorgan Chase Bank, N.A., as administrative agent at term rate based upon the secured overnight financing rate (“SOFR”) plus a margin maturing September 25, 2029.","evidence_excerpt":"The Credit Agreement provides for a $23.0 million secured term loan (the \"Term Loan\") that matures September 25, 2029","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1417663/000162828025042942/0001628280-25-042942-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$23.0 million secured term loan"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Rate","value":"term rate based upon the secured overnight financing rate (“SOFR”) plus a margin"},{"label":"Maturity","value":"September 25, 2029"},{"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"}