Mobile Infrastructure extends loan maturity to Sept 2026
Mobile Infrastructure Corporation entered into a Fourth Amendment to its Credit Agreement with Harvest Small Cap Partners entities.
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Rhea-AI Filing Summary
Mobile Infrastructure Corporation entered into a Fourth Amendment to its Credit Agreement with Harvest Small Cap Partners entities. The amendment extends the loan’s maturity date from June 30, 2026 to September 30, 2026.
Beginning August 1, 2026 and continuing through the new maturity date, the lenders may, at their sole option and on the first business day of each month, demand that accrued interest for the prior month be paid in cash within five business days. Because the lenders are managed by an investment manager led by the company’s board co-chair, the amendment is treated as a related party transaction under Item 404 of Regulation S-K.
8-K Event Classification
Key Figures
Key Terms
Fourth Amendment to Credit Agreement financial
Maturity Date financial
Item 404 of Regulation S-K regulatory
Emerging growth company regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Mobile Infrastructure Corporation (BEEP) change in its credit agreement?
When does Mobile Infrastructure Corporation’s amended credit facility now mature?
How can lenders to Mobile Infrastructure Corporation require interest payments under the amendment?
Who are the lenders in Mobile Infrastructure Corporation’s amended Credit Agreement?
AI-generated analysis. How Rhea-AI works. Not financial advice.