{"schema_version":"secwatch.filing_event.v1","accession":"0001692427-22-000014","form_type":"8-K","ticker":"NCSM","cik":"0001692427","company_name":"NCS Multistage Holdings, Inc.","filed_at":"2022-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:04:01.867698+00:00","generated_at":"2026-06-25T23:02:57.834064+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"NCS Multistage enters $35M ABL credit facility, terminates prior Wells Fargo facility","bullets":["Revolver up to $35M; borrowing base was $19.7M at inception; matures May 3, 2027.","Secured by substantially all assets (excluding Repeat Precision); guarantees from US/Canadian subsidiaries.","Interest margins vary: ABR-based loans +1.40-2.40%; SOFR/CDOR-based +2.40-3.40%; commitment fee 0.25-0.50%.","Prior $35M Wells Fargo credit facility terminated concurrently with this new facility.","Covenants include fixed charge coverage ratio ≥1.0x if liquidity <20% of commitments."],"urls":{"canonical":"https://secwatch.observer/filing/0001692427-22-000014","json":"https://secwatch.observer/filing/0001692427-22-000014.json","markdown":"https://secwatch.observer/filing/0001692427-22-000014.md","text":"https://secwatch.observer/filing/0001692427-22-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692427/000169242722000014/0001692427-22-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692427/000169242722000014/ncsm-20220503x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T23:02:57.834064+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"}