{"schema_version":"secwatch.filing_event.v1","accession":"0001767258-25-000054","form_type":"8-K","ticker":"XPEL","cik":"0001767258","company_name":"XPEL, Inc.","filed_at":"2025-09-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.924324+00:00","generated_at":"2026-05-17T06:23:01.028933+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"XPEL extends credit facility maturity to Sept 2028; $125M revolver unchanged","bullets":["Maturity extended from April 2026 to September 11, 2028 via First Amendment.","Revolving credit facility remains at $125 million aggregate commitment.","Interest rate options unchanged: Base Rate or Adjusted Term SOFR plus applicable margin.","Financial covenants unchanged: max Consolidated Total Leverage Ratio 3.50x, min Interest Coverage 3.00x.","No defaults existed at amendment; borrower ratified all obligations."],"urls":{"canonical":"https://secwatch.observer/filing/0001767258-25-000054","json":"https://secwatch.observer/filing/0001767258-25-000054.json","markdown":"https://secwatch.observer/filing/0001767258-25-000054.md","text":"https://secwatch.observer/filing/0001767258-25-000054.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1767258/000176725825000054/0001767258-25-000054-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1767258/000176725825000054/xpel-20250911.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:23:01.028933+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":"a5a0c60d6f290a1debffdcb75736972154e14c0d","claim":"XPEL, Inc. amended revolving credit of $125 million with Wells Fargo Bank, N.A., as Administrative Agent at Base Rate or Adjusted Term SOFR, plus an applicable margin ranging from 0.00% to maturing September 11, 2028.","evidence_excerpt":"of the Credit Agreement from April 6, 2026 to September 11, 2028. The Credit Agreement provides for secured revolving loans and letters of credit in an aggregate amount of up to $125 million. Borrowings under the Credit Agreement bear interest, at XPEL’s option, at a rate equal to either (a) Base Rate or (b) Adjusted Term SOFR. In addition to the applicable interest","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725825000054/0001767258-25-000054-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$125 million"},{"label":"Counterparty","value":"Wells Fargo Bank, N.A., as Administrative Agent"},{"label":"Rate","value":"Base Rate or Adjusted Term SOFR, plus an applicable margin ranging from 0.00% to"},{"label":"Maturity","value":"September 11, 2028"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}