Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
QUICKLOGIC Corp incurred revolving credit of $10.0 million with Sunflower Bank, N.A. at greater of (i) 5.50% and (ii) and Prime Rate plus 0.50% maturing April 24, 2029.
- Instrument
- revolving credit
- Principal
- $10.0 million
- Counterparty
- Sunflower Bank, N.A.
- Rate
- greater of (i) 5.50% and (ii) and Prime Rate plus 0.50%
- Maturity
- April 24, 2029
- Event
- incurrence
Exact text from the filing
On April 24, 2026, QuickLogic Corporation (the “Company”) entered into (i) a Loan and Security Agreement (the “Credit Agreement”), by and between the Company and Sunflower Bank, N.A. and (ii) a Promissory Note of the Company (the “Note”), providing for a $10.0 million secured revolving credit facility (“Revolving Credit Facility”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
QUICKLOGIC Corp entered into Credit Agreement with Sunflower Bank, N.A. valued at $10.0 million (effective 2026-04-24).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Sunflower Bank, N.A.
- Value
- $10.0 million
- Effective
- 2026-04-24
Exact text from the filing
On April 24, 2026, QuickLogic Corporation (the “Company”) entered into (i) a Loan and Security Agreement (the “Credit Agreement”), by and between the Company and Sunflower Bank, N.A. and (ii) a Promissory Note of the Company (the “Note”), providing for a $10.0 million secured revolving credit facility (“Revolving Credit Facility”).
View on SEC.gov