---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-000152"
form_type: "8-K"
ticker: "TSSI"
cik: "0001320760"
company_name: "TSS, Inc."
filed_at: "2025-01-07T23:59:59+00:00"
generated_at: "2026-05-28T08:02:13.532274+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TSS subsidiary secures $20M term loan from Susser Bank; files $150M shelf registration

## Summary
- VTC borrows $20M at SOFR+3% (floor 4.5%), interest-only 6 months then amortizing, matures Jan 2030.
- Loan secured by substantially all assets of VTC and TSS; proceeds for Georgetown facility improvements and working capital.
- TSS files $150M universal shelf registration on Form S-3 for future capital raising flexibility.
- CEO Darryll Dewan: financing supports AI demand growth; Georgetown build-out started, operational early 2025.

## SEC filing metadata
- accession: 0001654954-25-000152
- form_type: 8-K
- ticker: TSSI
- cik: 0001320760
- company_name: TSS, Inc.
- filed_at: 2025-01-07T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320760/000165495425000152/0001654954-25-000152-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320760/000165495425000152/tssi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-000152
- JSON: https://secwatch.observer/filing/0001654954-25-000152.json
- Plain text: https://secwatch.observer/filing/0001654954-25-000152.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.