TransAct extends credit facility maturity to March 2027, raises minimum borrowing to $3M

TRANSACT TECHNOLOGIES INC

Maturity extended from March 13, 2025 to March 31, 2027.
Minimum borrowing requirement increased from $2.25M to $3.0M.
Early prepayment premium: 2% if on or before Mar 31, 2025; 1% Apr 1, 2025 – Mar 31, 2026; 0% thereafter.
Amendment fee of $25,000 paid on the effective date.
Unused line fee remains 0.50% per annum; Collateral Monitoring Fee of $168K continues with $56K unpaid.

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