secwatch.observer — SEC 8-K summary
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Issuer:     EVOME MEDICAL TECHNOLOGIES INC. (—)
CIK:        0001617765
Form:       8-K
Filed at:   2023-09-18T23:59:59+00:00
Accession:  0001062993-23-018163
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Salona Global subsidiary Biodex Medical Systems enters $3M secured revolving credit agreement with Pathward
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- Biodex Medical Systems, subsidiary of Salona Global, entered a secured revolving loan facility of up to $3.0 million from Pathward on September 12, 2023.
- Approximately $1.7 million was immediately available; variable interest rate equals greater of 6% per annum or prime + 0.75%.
- Loan is payable on demand and secured by personal property of Borrower, Salona Global, and several guarantors including Inspira Financial, Mio-Tech, Simbex, and DaMar.
- Debt complements existing credit facilities with Pathward through other subsidiaries; Guaranty executed by all guarantors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1617765/000106299323018163/0001062993-23-018163-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1617765/000106299323018163/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-23-018163

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