M-tron Industries enters amended credit agreement: $10M revolver + $10M delayed draw term loan

M-tron Industries, Inc.

Revolving facility increased from $5M to $10M; new $10M delayed draw term loan for acquisitions.
Facility matures Dec 31, 2028; term loans mature 36 months after each advance.
Interest at SOFR + 2.00%-3.00% margin per pricing grid; SOFR floor 0.00%.
Secured by first-priority lien on substantially all personal property of borrower; guaranteed by M-tron Asia, LLC.
Closing fee of $37,500; unused commitment fee of 0.20%-0.30% per annum.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

M-tron Industries, Inc. incurred credit facility of $10 million revolving credit facility and $10 million delayed draw term loan with Fifth Third Bank, National Association at SOFR plus applicable margin ranging from 2.00% to 3.00%, with a SOFR floor of 0. maturing Revolving facility matures December 31, 2028; each delayed draw term loan matures 36 months after advance; delayed draw commitments terminate December 31, 2028.

Instrument: credit facility
Principal: $10 million revolving credit facility and $10 million delayed draw term loan
Counterparty: Fifth Third Bank, National Association
Rate: SOFR plus applicable margin ranging from 2.00% to 3.00%, with a SOFR floor of 0.
Maturity: Revolving facility matures December 31, 2028; each delayed draw term loan matures 36 months after advance; delayed draw commitments terminate December 31, 2028
Event: incurrence

Exact text from the filing

On December 31, 2025, M-tron Industries, Inc. (the "Company") entered into an amended and restated credit agreement (the "Credit Agreement") with Fifth Third Bank, National Association (the "Bank"), pursuant to which the Company and Piezo Technology, Inc. ("Piezo," together with the Company, the "Borrower"), as borrowers, have obtained a revolving credit facility (the "Revolving Facility") in the aggregate principal amount of $10 million and a delayed draw term loan in the aggregate principal amount of $10 million (the "Delayed Draw Term Loan Facility," and together with the Revolving Facility, the "Facility").

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

M-tron Industries, Inc. entered into Credit Agreement with Fifth Third Bank, National Association valued at $10 million (effective 2025-12-31).

Action: entry
Agreement: credit facility
Counterparty: Fifth Third Bank, National Association
Value: $10 million
Effective: 2025-12-31

Exact text from the filing

On December 31, 2025, M-tron Industries, Inc. (the "Company") entered into an amended and restated credit agreement (the "Credit Agreement") with Fifth Third Bank, National Association (the "Bank"), pursuant to which the Company and Piezo Technology, Inc. ("Piezo," together with the Company, the "Borrower"), as borrowers, have obtained a revolving credit facility (the "Revolving Facility") in the aggregate principal amount of $10 million and a delayed draw term loan in the aggregate principal amount of $10 million

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M-tron Industries, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-26-000790

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