American Shared receives default notice from Fifth Third Bank; revolver suspended

AMERICAN SHARED HOSPITAL SERVICES

Fifth Third Bank asserts Event of Default for missing $5M minimum cash covenant at Sept 30, 2025.
Lender suspended the $7M revolving loan commitment; no acceleration of obligations yet.
Company in discussions for a waiver and amendment; no assurances on outcome.
Borrowers must pay attorney fees by Dec 15, 2025; evaluating impact on Q3 10-Q and liquidity.

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