secwatch.observer — SEC 8-K summary
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Issuer:     HawkEye 360, Inc. (HAWK)
CIK:        0001750704
Form:       8-K
Filed at:   2026-05-21T11:31:16+00:00
Accession:  0001628280-26-037051
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HawkEye 360 enters $125M revolving credit facility, terminates prior SVB and FCB loans
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- New $125M senior secured revolver with Bank of America matures May 19, 2031; interest at SOFR + 2.25%-3.00% or base rate + 1.25%-2.00%.
- Commitment fee 0.250%-0.500% on unused portion; financial covenants: max total net leverage 3.50x (stepping to 3.00x), min interest coverage 3.00x.
- On May 18, 2026, repaid all outstanding borrowings under SVB Senior Term Loan and FCB Mezzanine Loan; commitments terminated and liens released.
- Facility secured by first-priority liens on substantially all assets and guaranteed by material domestic subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750704/000162828026037051/0001628280-26-037051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750704/000162828026037051/hawk-20260518.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-037051

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