LENSAR secures $9.2M revolving credit facility from Wells Fargo secured by brokerage account

LENSAR, Inc.

Revolving, non-purpose margin facility secured by a first-priority lien on a designated brokerage account at Wells Fargo.
Borrowing capacity up to $9.2 million based on collateral value in the Collateral Account.
Interest at fixed Treasury Yield plus margin or variable SOFR plus margin, at company election.
Credit agreement contains customary defaults including payment failure and collateral insufficiency.

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