{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-24-002444","form_type":"8-K","ticker":null,"cik":"0001823882","company_name":"Airspan Networks Holdings Inc.","filed_at":"2024-04-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.420518+00:00","generated_at":"2026-06-03T23:32:29.929919+00:00","sec_items":["1.01","2.03","1.03","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Airspan enters $53.8M DIP credit facility in Chapter 11; new money of $7.5M plus $9M delayed draw","bullets":["Total DIP facility of $53.8M: $7.5M initial new money, $9.0M delayed draw, $37.3M roll-up of prepetition debt.","DIP loan bears interest at Base Rate + 10% or Adjusted Term SOFR + 11%; interest payable in kind.","Maturity date of October 8, 2024; facility secured by substantially all assets of debtor entities.","Company filed Chapter 11 on March 31, 2024; DIP financing approved by Bankruptcy Court on April 8, 2024.","Administrative agent and collateral agent is DBFIP ANI LLC, an affiliate of existing prepetition lender Fortress."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-24-002444","json":"https://secwatch.observer/filing/0001829126-24-002444.json","markdown":"https://secwatch.observer/filing/0001829126-24-002444.md","text":"https://secwatch.observer/filing/0001829126-24-002444.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1823882/000182912624002444/0001829126-24-002444-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1823882/000182912624002444/airspannetworks_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T23:32:29.929919+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":"8a2bd3a0540f7106b1404a6d7f82d21b0093f5d9","claim":"Airspan Networks Holdings Inc. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2024-03-31).","evidence_excerpt":"on March 31, 2024 , Airspan Networks Holdings Inc. (the “Company”) and certain of its subsidiaries (collectively, the “Debtors”) filed voluntary petitions (the “Chapter 11 Cases”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) seeking relief under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”).","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1823882/000182912624002444/0001829126-24-002444-index.htm","confidence":0.99,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"United States Bankruptcy Court for the District of Delaware"},{"label":"Petition","value":"2024-03-31"}],"fact_type":"distress_event"},{"claim_id":"13f673811940caf08e9775b9220d39e18020d503","claim":"Airspan Networks Holdings Inc. entered into DIP Credit Agreement with DBFIP ANI LLC valued at original principal amount of $53,848,837 (effective 2024-04-08).","evidence_excerpt":"the Debtors entered into a Senior Secured Superpriority Debtor-in-Possession Term Loan Credit Agreement, dated April 8, 2024 (the “DIP Credit Agreement”), with DBFIP ANI LLC","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1823882/000182912624002444/0001829126-24-002444-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"DBFIP ANI LLC"},{"label":"Value","value":"original principal amount of $53,848,837"},{"label":"Effective","value":"2024-04-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}