SmartRent enters $75M revolving credit facility with 5-year term

SmartRent, Inc.

Revolving credit facility of $75M; interest rate Term SOFR + 1.85%-2.35% based on liquidity.
Facility matures Dec 10, 2026; includes up to $75M incremental accordion feature.
Secured by substantially all assets; guaranteed by material domestic subsidiaries.
Provides liquidity for organic growth initiatives and M&A strategy.
Lenders: Silicon Valley Bank (administrative agent) and JP Morgan.

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