secwatch.observer — SEC 8-K summary
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Issuer:     INTEST CORP (INTT)
CIK:        0001036262
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0001437749-24-014481
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

inTEST extends loan facility maturity to 2031 and draw period to 2026
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- Extended term loan and revolver maturity from Sept 2027 to May 2, 2031 (four-year extension).
- Draw period for term loan extended to May 2, 2026 (two-year extension).
- Approximately $30M available on $50.5M term loan; full $10M revolver available.
- Interest rate based on SOFR plus margin of at least 2.1%; currently ~7.4%.
- Loan secured by substantially all assets of inTEST and subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036262/000143774924014481/0001437749-24-014481-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036262/000143774924014481/intt20240502_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-014481

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