---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-013877"
form_type: "8-K"
ticker: "QUIK"
cik: "0000882508"
company_name: "QUICKLOGIC Corp"
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T02:36:57.556277+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# QuickLogic secures $10M revolving credit facility with Sunflower Bank, replaces prior agreement

## Summary
- New $10M secured revolving credit facility with Sunflower Bank, effective April 27, 2026, maturing April 24, 2029.
- Interest rate: greater of 5.50% or Prime Rate plus 0.50%; annual facility fee of $30,000.
- Proceeds for working capital, general corporate purposes, and strategic initiatives like radiation-hardened FPGA and eFPGA licensing.
- Replaces prior credit agreement with Heritage Bank of Commerce; liquidity covenant requires at least seven months' liquidity.

## SEC filing metadata
- accession: 0001437749-26-013877
- form_type: 8-K
- ticker: QUIK
- cik: 0000882508
- company_name: QUICKLOGIC Corp
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/882508/000143774926013877/0001437749-26-013877-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/882508/000143774926013877/quicklo20260427_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-013877
- JSON: https://secwatch.observer/filing/0001437749-26-013877.json
- Plain text: https://secwatch.observer/filing/0001437749-26-013877.txt

## Source-grounded claims
- claim_id: 941dfeff659ee98b5bf0dd106fb5c12a21cffd91
  claim: 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.
  evidence_excerpt: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/882508/000143774926013877/0001437749-26-013877-index.htm
- claim_id: 1b35ba5b63b662817a6110df7ddd97be29de86fd
  claim: QUICKLOGIC Corp entered into Credit Agreement with Sunflower Bank, N.A. valued at $10.0 million (effective 2026-04-24).
  evidence_excerpt: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/882508/000143774926013877/0001437749-26-013877-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.