Shimmick enters $15M loan agreement at 12.5% with Ansley Park Capital affiliate

Shimmick Corp

Borrowing capacity of $15M via two promissory notes maturing April 1, 2031.
Interest rate 12.50% per annum; default rate increases by 2%.
Proceeds to be used for project expenses and general corporate purposes.
Loan secured by equipment and related assets; guaranteed by Shimmick and Shimmick Construction Co.

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.