debt
confidence high
sentiment neutral
materiality 0.60
Mobile Infrastructure extends credit facility maturity to Sept 30, 2026; lenders may demand cash interest monthly
Mobile Infrastructure Corp
- Maturity date extended from June 30, 2026 to September 30, 2026 under Fourth Amendment to Credit Agreement.
- Starting August 1, 2026, lenders can require cash payment of accrued interest within 5 business days of written demand.
- Amendment is with Harvest Small Cap Partners, a related party (Jeffrey Osher, co-chair, is managing member of investment manager).
- No other material changes to credit agreement terms; total commitments remain $40.4 million.