secwatch.observer — SEC 8-K summary
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Issuer:     XPEL, Inc. (XPEL)
CIK:        0001767258
Form:       8-K
Filed at:   2022-01-03T23:59:59+00:00
Accession:  0001767258-22-000002
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XPEL increases revolving credit line to $75M from $57M with Texas Partners Bank
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- Revolving line of credit increased from $57M to $75M via First Amendment dated Dec 29, 2021.
- Loan is secured by assets of XPEL and subsidiaries (1 One Armor, TintNet) under existing pledge and security agreements.
- If XPEL acquires a U.S. domestic subsidiary, it must cause that subsidiary to pledge its assets as additional collateral.
- All other terms of the original May 21, 2021 Loan Agreement remain unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767258/000176725822000002/0001767258-22-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767258/000176725822000002/xpel-20211229.htm
  HTML page:      https://secwatch.observer/filing/0001767258-22-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer