{"schema_version":"secwatch.filing_event.v1","accession":"0001753539-24-000051","form_type":"8-K","ticker":"BKSY","cik":"0001753539","company_name":"BlackSky Technology Inc.","filed_at":"2024-04-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.896210+00:00","generated_at":"2026-06-03T22:58:30.881961+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"BlackSky enters $20M revolving credit facility with Stifel Bank; borrows $10M at close","bullets":["$20M revolving credit facility including $500K letter-of-credit subfacility from Stifel Bank.","$10M immediately available and drawn at closing; remaining $10M available after June 28, 2024.","Loans mature June 30, 2026; interest at greater of prime rate or 6.00% per annum.","Facility secured by substantially all assets; includes minimum revenue and cash-equivalent covenants.","Proceeds used for growth initiatives, working capital, and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001753539-24-000051","json":"https://secwatch.observer/filing/0001753539-24-000051.json","markdown":"https://secwatch.observer/filing/0001753539-24-000051.md","text":"https://secwatch.observer/filing/0001753539-24-000051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1753539/000175353924000051/0001753539-24-000051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1753539/000175353924000051/bksy-20240411.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T22:58:30.881961+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":"d41be0b0ce8d36bf7e818f346705acdeaef50d44","claim":"BlackSky Technology Inc. incurred revolving credit of $20.0 million revolving credit facility with Stifel Bank, as lender at greater of (A) the prime rate and (B) six percent (6.00%) maturing June 30, 2026.","evidence_excerpt":"On April 11, 2024, BlackSky Technology Inc., a Delaware corporation (the “Company”), and certain subsidiaries of the Company, as co-borrowers (together with the Company, the “Borrowers”), entered into a loan and security agreement (the “Loan Agreement”) with Stifel Bank, as lender (“Bank”). The Loan Agreement provides for a $20.0 million revolving credit facility, including a $500,000 subfacility for the issuance of letters of credit and other ancillary banking services.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1753539/000175353924000051/0001753539-24-000051-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$20.0 million revolving credit facility"},{"label":"Counterparty","value":"Stifel Bank, as lender"},{"label":"Rate","value":"greater of (A) the prime rate and (B) six percent (6.00%)"},{"label":"Maturity","value":"June 30, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"128c1f86dcc79444c80a70cb9fdbf135b124bd57","claim":"BlackSky Technology Inc. entered into Loan Agreement with Stifel Bank valued at $20.0 million (effective 2024-04-11).","evidence_excerpt":"entered into a loan and security agreement (the “Loan Agreement”) with Stifel Bank, as lender (“Bank”). The Loan Agreement provides for a $20.0 million revolving credit facility","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1753539/000175353924000051/0001753539-24-000051-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Stifel Bank"},{"label":"Value","value":"$20.0 million"},{"label":"Effective","value":"2024-04-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}