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8-K filed December 18, 2025, 6:59 PM ET ticker ASPN CIK 0001145986
debt confidence high sentiment positive materiality 0.65

Aspen Aerogels amends MidCap credit facility: removes EBITDA covenant, boosts liquidity threshold to 100% of term loan

ASPEN AEROGELS INC

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ASPEN AEROGELS INC amended Amendment No. 2 to Credit, Security and Guaranty Agreement with MidCap Funding IV Trust, as agent, MidCap Financial Trust, as term loan servicer, and the Lenders party thereto (effective 2025-12-16).

Action
amendment
Agreement
credit facility
Counterparty
MidCap Funding IV Trust, as agent, MidCap Financial Trust, as term loan servicer, and the Lenders party thereto
Effective
2025-12-16
Exact text from the filing
are limited liability company (“ Aspen Mexico ”) and Aspen Aerogels Georgia, LLC, a Georgia limited liability company (“ Aspen Georgia ” and, together with the Company, Aspen RI and Aspen Mexico, collectively, the “ Credit Parties ”) entered into that certain Amendment No. 2 to Credit, Security and Guaranty Agreement (“ Amendment No. 2 ”), by and among the Credit Parties, MidCap Funding IV Trust, as agent (the “ Agent ”), MidCap Financial Trust, as term loan servicer (the “ Term Loan Servicer ”), and the Lenders (as defined below) party thereto, which amends that certain Credit, Security and Guaranty Agreement, dated as of August 19, 2024 (the “ Credit Agreement ” and the facilities provided thereunder, collectively, the “ MidCap Loan Facility ”; the MidCap Loan Facility, as amended by that certain Amendment No.
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Source: SEC EDGAR
accession 0001171843-25-007988
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