Pro-Dex increases revolving credit line from $7M to $11M with UMB Bank

PRO DEX INC

Revolving credit line raised to $11M (from $7M); $5M drawn and outstanding as of April 8, 2025.
Maturity date December 29, 2026; interest rate = greater of 4.0% or SOFR + 2.5%.
Fixed Charge Coverage Ratio covenant amended: 1.15:1 through June 30, 2026, then 1.20:1.
Origination fee of $8,000 paid; other terms unchanged per Amendment No. 6.
Debt amendment provides additional liquidity for working capital or general corporate purposes.

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