secwatch.observer — SEC 8-K summary
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Issuer:     Sensus Healthcare, Inc. (SRTS)
CIK:        0001494891
Form:       8-K
Filed at:   2026-06-05T20:08:48+00:00
Accession:  0001753926-26-000983
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sensus Healthcare enters into $15M revolving credit facility with City National Bank of Florida
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- $15M revolving credit facility; initial $2M available secured by $2.23M cash collateral and blanket asset lien.
- Interest rate at SOFR + 3% per annum; matures June 5, 2027 subject to mutual extension.
- Remaining $13M restricted until four consecutive quarters of positive net income and DSCR ≥1.50.
- Prior credit facility with Fifth Third Bank (successor to Comerica) terminated.
- Covenants restrict asset sales, additional debt, liens, and removal of CEO/President/CFO without lender consent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1494891/000175392626000983/0001753926-26-000983-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1494891/000175392626000983/g085761_8k.htm
  HTML page:      https://secwatch.observer/filing/0001753926-26-000983

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