---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-000428"
form_type: "8-K"
ticker: "AEHR"
cik: "0001040470"
company_name: "AEHR TEST SYSTEMS"
filed_at: "2024-01-10T23:59:59+00:00"
generated_at: "2026-06-07T00:48:28.717759+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Aehr Test Systems terminates Loan Agreement with Silicon Valley Bank; no outstanding balance

## Summary
- Loan and Security Agreement with Silicon Valley Bank terminated effective January 4, 2024.
- No amounts were outstanding under the facility as of termination date.
- Lender's security interest in company assets and property released.
- Certain indemnification obligations survive termination per customary terms.

## SEC filing metadata
- accession: 0001654954-24-000428
- form_type: 8-K
- ticker: AEHR
- cik: 0001040470
- company_name: AEHR TEST SYSTEMS
- filed_at: 2024-01-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040470/000165495424000428/0001654954-24-000428-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040470/000165495424000428/aehr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-000428
- JSON: https://secwatch.observer/filing/0001654954-24-000428.json
- Plain text: https://secwatch.observer/filing/0001654954-24-000428.txt

## Key facts
- Material Agreements
  AEHR TEST SYSTEMS terminated Loan and Security Agreement with Silicon Valley Bank (effective 2024-01-04).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: Silicon Valley Bank
  - Effective: 2024-01-04
  source text: Effective January 4, 2024, Aehr Test Systems (the “Company”) terminated the Loan and Security Agreement (the “Loan Agreement”) dated as of January 13, 2020 with Silicon Valley Bank (the "Lender")
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040470/000165495424000428/0001654954-24-000428-index.htm

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