secwatch.observer — SEC 8-K summary
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Issuer:     PRO DEX INC (PDEX)
CIK:        0000788920
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0001553350-21-000973
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788920/000155335021000973/0001553350-21-000973-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788920/000155335021000973/pdex_8k.htm
  HTML page:      https://secwatch.observer/filing/0001553350-21-000973

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