Airgain enters $4.0M revolving credit facility with Silicon Valley Bank

AIRGAIN INC

Revolving line of credit for $4.0M; interest rate WSJ prime (3.25%) + 1.75%.
Maximum advances limited to 80% of eligible receivables; maturity Feb 2023.
Lender holds first security interest in assets excluding IP (negative pledge).
As of Feb 23, 2022, no balance drawn on the facility.
Includes customary affirmative/negative covenants and material adverse change clause.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.