Brief: Shift Technologies Says On July 14, Co Entered Into A Second Amendment To Inventory Financing And Security Agreement

Shift Technologies

18/07/2023 21:57

July 18 (Reuters) - Shift Technologies Inc  SFT.O :
    * SHIFT TECHNOLOGIES INC - ON JULY 14, ENTERED INTO A SECOND
AMENDMENT TO INVENTORY FINANCING AND SECURITY AGREEMENT
    * SHIFT TECHNOLOGIES INC - AMENDS COMPANY'S EXISTING
INVENTORY
FINANCING AND SECURITY AGREEMENT DATED AS OF DECEMBER 9, 2021
    * SHIFT TECHNOLOGIES INC - SECOND AMENDMENT AMENDS ALLY
FACILITY
TO REDUCE MAXIMUM AVAILABLE CREDIT LINE UNDER ALLY FACILITY FROM
$75 MILLION TO $30 MILLION

Further company coverage:  SFT.O 

 (Reuters.Briefs@thomsonreuters.com)