Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Richard A. Genovese departed as Director at RCM TECHNOLOGIES, INC..
- Action
- retire
- Role
- Director
Exact text from the filing
On April 25, 2023, Richard A. Genovese, a member of the Company’s Board of Directors (the “Board”), notified the Company of his intention to retire from the Board effective at the end of his current term in December 2023.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
RCM TECHNOLOGIES, INC. entered into Fourth Amended and Restated Loan Agreement with Citizens Bank, N.A. valued at Total commitment of $45.0 million, maturity date of April 24, 2026, interest based on SOFR or Altern (effective 2023-04-24).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Citizens Bank, N.A.
- Value
- Total commitment of $45.0 million, maturity date of April 24, 2026, interest based on SOFR or Altern
- Effective
- 2023-04-24
Exact text from the filing
On April 24, 2023, RCM Technologies, Inc. (the “ Company ”) and all of its subsidiaries (collectively, the “ Borrowers ”) entered into a Fourth Amended and Restated Loan Agreement (the “ Fourth Amended and Restated Loan Agreement ”) with Citizens Bank, N.A., as lender (in such capacity, the “ Lender ”) and as administrative agent and arranger (in such capacity, the “ Administrative Agent ”), to amend and restate in its entirety that certain Third Amended and Restated Agreement dated as of the August 9, 2018 (as the same has been amended and modified prior to the date hereof, the “ Existing Loan Agreement ”).
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