Brief: Mitek Systems Says Co, A2iA Corp, And ID R&D Entered Into Loan And Security Agreement With Silicon Valley Bank

Mitek Systems

14/02/2024 11:13

Feb 14 (Reuters) - Mitek Systems Inc  MITK.O :
    * MITEK SYSTEMS INC- ON FEB 13, CO, A2IA CORP, AND ID
RESEARCH AND
DEVELOPMENT INC, ENTERED INTO A LOAN AND SECURITY AGREEMENT WITH
SILICON VALLEY BANK
    * MITEK SYSTEMS INC-  AGREEMENT PROVIDES FOR REVOLVING LINE
OF
CREDIT UP TO $35 MILLION
    * MITEK SYSTEMS -AGREEMENT PROVIDES FOR ADDITIONAL $15
MILLION TO
BE ADVANCED UNDER REVOLVING LINE AT SOLE DISCRETION OF BANK

Source text for Eikon:  ID:n0000807863-24-000017 
Further company coverage:  MITK.O 

 ((Reuters.Briefs@thomsonreuters.com;))