Brief: Quicklogic Corp Entered Into Seventh Amendment To Their Loan Agreement With Heritage Bank Of Commerce

QuickLogic

12/12/2023 21:54

Dec 12 (Reuters) - QuickLogic Corp  QUIK.O :
    * QUICKLOGIC CORP: ON DECEMBER 8, ENTERED INTO SEVENTH
AMENDMENT
TO THEIR LOAN AGREEMENT DATED DECEMBER 21, 2018, WITH HERITAGE
BANK OF COMMERCE
    * QUICKLOGIC CORP:  SEVENTH AMENDMENT AMENDS LOAN AGREEMENT
TO
INCREASE LINE OF CREDIT FROM $15M TO $20M
    * QUICKLOGIC CORP:  SEVENTH AMENDMENT EXTEND LOAN MATURITY
DATE
FOR ONE YEAR THROUGH DECEMBER 31, 2025

Further company coverage:  QUIK.O 

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