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ASPEN AEROGELS, INC.

(ASPN)
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ASPEN AEROGELS INC : Entry into a Material Definitive Agreement (form 8-K)

10/01/2021 | 05:12pm EST

Item 1.01 Entry into a Material Definitive Agreement.

On September 29, 2021, Aspen Aerogels, Inc. (the "Company") entered into an amendment (the "Amendment") on the Second Amended and Restated Loan and Security Agreement with Silicon Valley Bank, dated as of March 12, 2021, to revise certain financial covenants, among other things.

The summary of the Amendment is qualified in its entirety by reference to the full text of the Amendment, a copy of which will be attached as an exhibit to the Company's Quarterly Report on Form 10-Q for the third fiscal quarter ending September 30, 2021.

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© Edgar Online, source Glimpses

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Analyst Recommendations on ASPEN AEROGELS, INC.
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Financials (USD)
Sales 2021 125 M - -
Net income 2021 -30,5 M - -
Net Debt 2021 - - -
P/E ratio 2021 -58,6x
Yield 2021 -
Capitalization 1 934 M 1 934 M -
Capi. / Sales 2021 15,4x
Capi. / Sales 2022 12,8x
Nbr of Employees 290
Free-Float 96,0%
Chart ASPEN AEROGELS, INC.
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Technical analysis trends ASPEN AEROGELS, INC.
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 9
Last Close Price 58,47 $
Average target price 59,56 $
Spread / Average Target 1,86%
EPS Revisions
Managers and Directors
Donald R. Young President, Chief Executive Officer & Director
John F. Fairbanks Chief Financial Officer, Treasurer & VP
William P. Noglows Chairman
George L. Gould Chief Technology Officer
Gregg R. Landes Senior VP-Operations & Strategic Development
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