{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-000428","form_type":"8-K","ticker":"AEHR","cik":"0001040470","company_name":"AEHR TEST SYSTEMS","filed_at":"2024-01-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.193611+00:00","generated_at":"2026-06-07T00:48:28.717759+00:00","sec_items":["1.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Aehr Test Systems terminates Loan Agreement with Silicon Valley Bank; no outstanding balance","bullets":["Loan and Security Agreement with Silicon Valley Bank terminated effective January 4, 2024.","No amounts were outstanding under the facility as of termination date.","Lender's security interest in company assets and property released.","Certain indemnification obligations survive termination per customary terms."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-000428","json":"https://secwatch.observer/filing/0001654954-24-000428.json","markdown":"https://secwatch.observer/filing/0001654954-24-000428.md","text":"https://secwatch.observer/filing/0001654954-24-000428.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1040470/000165495424000428/0001654954-24-000428-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1040470/000165495424000428/aehr_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T00:48:28.717759+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":"66c52d61b217ad150106088987399c6adbcf71a8","claim":"AEHR TEST SYSTEMS terminated Loan and Security Agreement with Silicon Valley Bank (effective 2024-01-04).","evidence_excerpt":"Effective January 4, 2024, Aehr Test Systems (the “Company”) terminated the Loan and Security Agreement (the “Loan Agreement”) dated as of January 13, 2020 with Silicon Valley Bank (the \"Lender\")","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1040470/000165495424000428/0001654954-24-000428-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Silicon Valley Bank"},{"label":"Effective","value":"2024-01-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}