Sypris Solutions amends related-party promissory note, extends maturity on $2.5M by one year

SYPRIS SOLUTIONS INC

Extended maturity of $2.5M obligation from April 1, 2022 to April 1, 2023.
Allows deferral of up to 60% of interest for up to 18 months on the note.
Noteholder is Gill Family Capital, controlled by CEO Jeffrey T. Gill and director R. Scott Gill.

item 1.01 item 2.03

SYPRIS SOLUTIONS INC filing history →

Source: SEC EDGAR

accession 0001437749-21-029501

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