Pro-Dex extends $2M revolving credit facility maturity to Nov 2023, reduces rate

PRO DEX INC

Maturity of $2M revolving credit note extended from Nov 5, 2021 to Nov 5, 2023.
Interest rate reduced to greater of 2.75% or prime minus 0.50%.
No amounts drawn on facility as of November 5, 2021.
Amendment also updates lender notice address; other customary terms unchanged.

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