{"schema_version":"secwatch.filing_event.v1","accession":"0001663577-26-000236","form_type":"8-K","ticker":"SWRD","cik":"0001795851","company_name":"Stewards, Inc.","filed_at":"2026-07-30T14:36:14+00:00","discovered_at":"2026-07-30T14:37:01.525881+00:00","generated_at":"2026-07-30T14:37:12.482365+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Stewards, Inc. closes $69M senior loan, $10M mezzanine, $5M convertible note, and $25M HOPCo note","bullets":["Senior loan of $69M at Term SOFR + 3.50% (reducing to 3.00%) matures Aug 2028 with three one-year extension options.","Mezzanine loan of $10M at Term SOFR + 12.00% (floor 14.50%) matures Aug 2028, secured by 100% of mortgage borrower interests.","$5M secured convertible notes at 15% interest, 180-day maturity, convertible at $3.00/share, with warrants for 1,666,665 shares at $3.00.","HOPCo convertible note up to $25M (initial $5M funded) at 8% PIK, matures 2031, converts to Class A2 units if no equity closing by Oct 31, 2026.","Proceeds used for HOPCo acquisition payments and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001663577-26-000236","json":"https://secwatch.observer/filing/0001663577-26-000236.json","markdown":"https://secwatch.observer/filing/0001663577-26-000236.md","text":"https://secwatch.observer/filing/0001663577-26-000236.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1795851/000166357726000236/0001663577-26-000236-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1795851/000166357726000236/swrd_8k07272026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-30T14:37:12.482365+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}