secwatch.observer — SEC 8-K summary
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Issuer:     PRO DEX INC (PDEX)
CIK:        0000788920
Form:       8-K
Filed at:   2024-12-27T23:59:59+00:00
Accession:  0001079973-24-001778
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pro-Dex extends $7M revolving credit facility maturity to Dec 2026
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- Maturity extended from December 29, 2025 to December 29, 2026.
- As of Dec 23, 2024, $3.5M drawn and outstanding on the line.
- $10,000 extension fee paid to Minnesota Bank & Trust.
- Interest rate unchanged: greater of 4.0% or SOFR plus 2.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788920/000107997324001778/0001079973-24-001778-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788920/000107997324001778/pdex_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-24-001778

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