NVDA
NVIDIA
-- 131.100 TSLA
Tesla
-- 304.800 SMCI
Super Micro Computer
-- 54.620 PLTR
Palantir
-- 90.447 BABA
Alibaba
-- 139.970 
NEWS
Lifecore Biomedical Amends and Extends Revolving Credit Facility with BMO
Lifecore Biomedical has announced an amendment and extension of its asset-based lending revolving credit facility with BMO. The amendment extends the facility term by three years to November 2027, simplifies and reduces interest rates, and provides greater flexibility regarding covenants and reporting requirements. This follows the company's recent $24.3 million private placement financing.
The company has also implemented operational initiatives including key management appointments, expansion of manufacturing capabilities through a new high-speed multi-purpose isolator filler, and securing new customer agreements, notably with Lindy Biosciences.
Lifecore Biomedical has announced an amendment and extension of its asset-based lending revolving credit facility with BMO. The amendment extends the facility term by three years to November 2027, simplifies and reduces interest rates, and provides greater flexibility regarding covenants and reporting requirements. This follows the company's recent $24.3 million private placement financing.
The company has also implemented operational initiatives including key management appointments, expansion of manufacturing capabilities through a new high-speed multi-purpose isolator filler, and securing new customer agreements, notably with Lindy Biosciences.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment