secwatch.observer — SEC 8-K summary
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Issuer:     INTEST CORP (INTT)
CIK:        0001036262
Form:       8-K
Filed at:   2022-09-26T23:59:59+00:00
Accession:  0001437749-22-023063
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

inTEST expands term loan facility by $25.5M to $50.5M, extends maturity to Sep 2027
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- Total term loan facility increased from $25M to $50.5M; $30M remains available after prior $20.5M draw.
- Maturity extended to September 2027 for both term loan and existing $10M revolving credit facility.
- Interest rate currently ~5.1% based on SOFR or base rate plus applicable margin depending on leverage.
- CFO cites expanded funding to support organic and inorganic growth initiatives under 5-Point Strategy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036262/000143774922023063/0001437749-22-023063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036262/000143774922023063/intt20220924_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-023063

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