---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-000446"
form_type: "8-K"
ticker: "AEHR"
cik: "0001040470"
company_name: "AEHR TEST SYSTEMS"
filed_at: "2022-01-13T23:59:59+00:00"
generated_at: "2026-06-27T18:08:01.002760+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Aehr Test Systems amends credit facility with Silicon Valley Bank, increases revolver to $10M, extends maturity

## Summary
- Revolving line increased to lesser of $10M or borrowing base; up to $3M available against eligible purchase orders.
- Maturity extended to January 13, 2023; original agreement dated January 13, 2020.
- Account advance interest rate: prime plus 0–1.0% (based on quick ratio), floor 3.25%.
- Purchase order advance interest rate: prime plus 0–1.5% (based on quick ratio), floor 3.75%.

## SEC filing metadata
- accession: 0001654954-22-000446
- form_type: 8-K
- ticker: AEHR
- cik: 0001040470
- company_name: AEHR TEST SYSTEMS
- filed_at: 2022-01-13T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040470/000165495422000446/0001654954-22-000446-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040470/000165495422000446/aehr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-000446
- JSON: https://secwatch.observer/filing/0001654954-22-000446.json
- Plain text: https://secwatch.observer/filing/0001654954-22-000446.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.