Digerati amends credit pact with Post Road; deletes Term Loan B, adds 3% exit fee

Digerati Technologies, Inc.

Amendment deletes Term Loan B and recapitalizes it; replaces Term Loan A Note with Amended & Restated Note.
Prepayment order changed: fees, accrued interest, premium, then principal; added 3% exit fee on prepaid principal.
One-time cash interest payment of $80,402.41 on Term Loan A and $26,273.03 on Term Loan B made at closing.
Delayed Draw Loan proceeds to fund telecom asset acquisition expected to close in weeks; also for working capital.
New covenant requires T3 Nevada to keep minimum $1.5M cash on hand at end of each fiscal quarter.

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