ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On
The following table summarizes certain key terms of the amended PacWest Facility: Revolving Loans Commitment Amount$150,000,000 Borrowing Rate 30-Day Average SOFR + 4.25%
Borrowing Base Advance Rate 90% Revolving Period TerminationSeptember 15, 2024 Maturity DateSeptember 15, 2026
The foregoing description of the First Amendment does not purport to be complete
and is qualified in its entirety by reference to the Loan and Security
Agreement, as amended by the First Amendment, which will be filed as an exhibit
to the Company's Quarterly Report on Form 10-Q for the quarter ending
ITEM 2.03CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT
The information provided in Item 1.01 above is incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d)Exhibits
The following exhibits are furnished as part of this Report on Form 8-K:
Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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