GeoSpace Technologies Enters Credit Agreement

TL;DR

GeoSpace Technologies just signed a new credit agreement, locking in some debt.

AI Summary

On August 29, 2025, GeoSpace Technologies Corporation entered into a material definitive agreement, specifically a credit agreement, which creates a direct financial obligation for the company. This agreement is a significant event for GeoSpace Technologies Corporation, impacting its financial structure and obligations.

Why It Matters

This filing indicates GeoSpace Technologies Corporation has secured new financing or restructured existing debt, which could impact its operational capacity and financial flexibility.

Risk Assessment

Risk Level: medium — Entering into a credit agreement signifies new financial obligations and potential leverage, which carries inherent financial risks.

Key Players & Entities

• GEOSPACE TECHNOLOGIES CORPORATION (company) — Registrant
• August 29, 2025 (date) — Date of earliest event reported
• Texas (location) — State of Incorporation
• 7007 Pinemont (location) — Address of Principal Executive Offices
• Houston (location) — City of Principal Executive Offices
• 77040 (location) — Zip Code of Principal Executive Offices

FAQ

From the Filing

0001001115-25-000003.txt : 20250904 0001001115-25-000003.hdr.sgml : 20250904 20250904161510 ACCESSION NUMBER: 0001001115-25-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250829 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250904 DATE AS OF CHANGE: 20250904 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GEOSPACE TECHNOLOGIES CORP CENTRAL INDEX KEY: 0001001115 STANDARD INDUSTRIAL CLASSIFICATION: MEASURING & CONTROLLING DEVICES, NEC [3829] ORGANIZATION NAME: 08 Industrial Applications and Services EIN: 760447780 STATE OF INCORPORATION: TX FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13601 FILM NUMBER: 251293575 BUSINESS ADDRESS: STREET 1: 7007 PINEMONT DR. CITY: HOUSTON STATE: TX ZIP: 77040 BUSINESS PHONE: 7139864444 MAIL ADDRESS: STREET 1: 7007 PINEMONT DR. CITY: HOUSTON STATE: TX ZIP: 77040 FORMER COMPANY: FORMER CONFORMED NAME: OYO GEOSPACE CORP DATE OF NAME CHANGE: 19950919 8-K 1 geos20250904_8k.htm FORM 8-K geos20250904_8k.htm false 0001001115 0001001115 2025-08-29 2025-08-29   UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549     FORM 8-K     CURRENT REPORT   Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): August 29, 2025     GEOSPACE TECHNOLOGIES CORPORATION (Exact name of Registrant as Specified in Its Charter)     Texas 001-13601 76-0447780 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)       7007 Pinemont , Houston , Texas   77040 (Address of Principal Executive Offices)   (Zip Code)   Registrant ’ s Telephone Number, Including Area Code: ( 713 ) 986-4444   Not Applicable (Former Name or Former Address, if Changed Since Last Report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):   ☐          Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐          Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐          Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐          Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock   GEOS   The NASDAQ Global Select Market   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).   Emerging growth company  ☐   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐         Item 1.01. Entry into a Material Definitive Agreement   On August 29, 2025, Geospace Technologies Corporation (the “Company”) en