{"schema_version":"secwatch.filing_event.v1","accession":"0001839882-23-007388","form_type":"8-K","ticker":"CVU","cik":"0000889348","company_name":"CPI AEROSTRUCTURES INC","filed_at":"2023-03-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.422774+00:00","generated_at":"2026-06-17T19:57:16.474876+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"CPI Aerostructures amends credit agreement; maturity extended to Nov 30, 2024","bullets":["Amended credit agreement with BankUnited and Dime Community Bank extends revolving and term loan maturity to November 30, 2024.","Revolving credit maximum reduced stepwise from $21M to $17.64M effective October 1, 2024.","Term loan outstanding of $733,333.32 to be repaid by June 30, 2023; amendment fee of $54,333.33 due May 31, 2023.","Capitalized fee of $250,000 from Eighth Amendment to be paid in two installments ($116,666.68 on June 1, 2023 and $133,333.32 on July 1, 2023)."],"urls":{"canonical":"https://secwatch.observer/filing/0001839882-23-007388","json":"https://secwatch.observer/filing/0001839882-23-007388.json","markdown":"https://secwatch.observer/filing/0001839882-23-007388.md","text":"https://secwatch.observer/filing/0001839882-23-007388.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/889348/000183988223007388/0001839882-23-007388-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/889348/000183988223007388/cvu-8k_032323.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T19:57:16.474876+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":"e2ecb5d12cec8c3d34ff3b8fc24e0c609485522c","claim":"CPI AEROSTRUCTURES INC amended Twelfth Amendment with BankUnited, N.A. (effective 2023-03-23).","evidence_excerpt":"On March 23, 2023, CPI Aerostructures, Inc. (the “Company”) entered into a Twelfth Amendment (the “Twelfth Amendment”) to that certain Amended and Restated Credit Agreement with the lenders named therein and BankUnited, N.A. (“BankUnited”) as Sole Arranger, Agent and a Lender, dated as of March 24, 2016 (as amended from time to time, the “Credit Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/889348/000183988223007388/0001839882-23-007388-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"BankUnited, N.A."},{"label":"Effective","value":"2023-03-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}