---
schema_version: "secwatch.filing_event.v1"
accession: "0001999371-24-014651"
form_type: "8-K"
ticker: "CVU"
cik: "0000889348"
company_name: "CPI AEROSTRUCTURES INC"
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:27:15.967697+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CPI Aerostructures extends credit revolver to Aug 2026; reduces interest margin to 2.0%

## Summary
- Maturity extended to August 31, 2026; Base Rate Margin reduced to 2.0% from 3.50%.
- Revolving credit max principal steps down from $16.89M (Jan-Mar 2025) to $12.39M (Jul 2026 onward).
- Outstanding revolver balance as of Nov 8, 2024: $17.64M.
- Must deliver acceptable refinancing commitment by Dec 31, 2025, or pay 2% of outstanding balance by Jan 31, 2026.

## SEC filing metadata
- accession: 0001999371-24-014651
- form_type: 8-K
- ticker: CVU
- cik: 0000889348
- company_name: CPI AEROSTRUCTURES INC
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/889348/000199937124014651/0001999371-24-014651-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889348/000199937124014651/cpi-8k_111224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001999371-24-014651
- JSON: https://secwatch.observer/filing/0001999371-24-014651.json
- Plain text: https://secwatch.observer/filing/0001999371-24-014651.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.