---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-020621"
form_type: "8-K"
ticker: "ANGO"
cik: "0001275187"
company_name: "ANGIODYNAMICS INC"
filed_at: "2025-05-28T23:59:59+00:00"
generated_at: "2026-05-20T07:35:52.231319+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# AngioDynamics enters $25M secured revolving credit facility with JPMorgan Chase

## Summary
- Secured $25 million revolving credit facility from JPMorgan Chase, maturing May 28, 2027.
- Borrowing base based on working capital assets; initially subject to $5M availability block until fixed charge coverage ratio >1.10:1.00.
- Interest: Term SOFR + 2.00% or ABR + 1.00%, commitment fee 0.20% on unused portion.
- Proceeds for general corporate needs and working capital, including during manufacturing transfer.
- Company states it remains well capitalized with cash on hand; facility provides incremental flexibility.

## SEC filing metadata
- accession: 0001140361-25-020621
- form_type: 8-K
- ticker: ANGO
- cik: 0001275187
- company_name: ANGIODYNAMICS INC
- filed_at: 2025-05-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275187/000114036125020621/0001140361-25-020621-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275187/000114036125020621/ef20049727_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-020621
- JSON: https://secwatch.observer/filing/0001140361-25-020621.json
- Plain text: https://secwatch.observer/filing/0001140361-25-020621.txt

## Key facts
- Debt Financings
  ANGIODYNAMICS INC incurred revolving credit of $25 million secured revolving credit facility with JPMorgan Chase Bank, N.A. at Adjusted Term SOFR plus 2.00% or ABR plus 1.00% maturing May 28, 2027.
  - Instrument: revolving credit
  - Principal: $25 million secured revolving credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: Adjusted Term SOFR plus 2.00% or ABR plus 1.00%
  - Maturity: May 28, 2027
  - Event: incurrence
  source text: The Credit Agreement provides for a $25 million secured revolving credit facility (the “ Revolving Facility ”) with a maturity date of May 28, 2027, which is subject to a borrowing base comprised of certain working capital assets of the Company. Additionally, until such time as the Company has demonstrated a fixed charge coverage ratio greater than 1:10 to 1.00, the Revolving Facility will be further reduced by $5,000,000 (such period, the “ Availability Block Period ”). To the extent requested by the Company, and subject to certain customary limitations, the lenders will make revolving loan advances to the Company and the issuing bank will issue letters of credit for the account of the Company, in each case in an aggregate amount not exceeding the availability under the Revolving Facility. Issuances of letters of credit under the Revolving Facility shall further be limited by an issuance cap, which as at the closing date is set at $2,000,000. The proceeds of the Revolving Facility
  evidence_url: https://www.sec.gov/Archives/edgar/data/1275187/000114036125020621/0001140361-25-020621-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.