Stabilis Solutions amends credit agreement; adds $5M cash collateral and revised covenant

Stabilis Solutions, Inc.

Second Modification Agreement with Huntington National Bank amends existing Loan Agreement dated June 9, 2023.
New minimum Fixed Charge Coverage Ratio of 1.20 to 1.00, tested quarterly on a trailing twelve-month basis from March 31, 2027.
Requires at least $5M in a segregated Cash Collateral Account; revolving credit limited to that amount until compliance for two consecutive quarters.
Revolving credit facility maximum of $10M; upfront fee of $15,000 paid to the Bank.

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