Summary by Moomoo AI
On December 13, 2024, Staffing 360 Solutions entered into Amendment No. 33 to its Credit and Security Agreement with MidCap Funding IV Trust. The amendment extends the Commitment Expiry Date to December 20, 2024, providing the company with continued access to credit facilities.In connection with this amendment, Staffing 360 Solutions also entered into a Limited Consent to the Intercreditor Agreement with Jackson Investment Group, LLC. This consent allows the company to proceed with the credit agreement extension. The move suggests Staffing 360 Solutions is actively managing its financial arrangements to maintain operational flexibility.
