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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ADDvantage Technologies Group Inc | NASDAQ:AEY | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.36 | 0.289 | 0.299 | 0 | 01:00:00 |
1-10799
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73-1351610
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(Commission file Number)
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(IRS Employer Identification No.)
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1221 E. Houston, Broken Arrow Oklahoma
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74012
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(Address of Principal Executive Offices)
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(Zip Code)
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□
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Written Communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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□
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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□
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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□
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Pre-commencement communications pursuant to Rule 13e-4© under the Exchange Act (17 CFR 240.13e-4(c))
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·
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Reduce the revolving line commitment from $5.0 million to $3.0 million;
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·
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Lender is not obligated to lend or make advances under the revolving line of credit;
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·
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Limit the Company’s capital expenditure to $100,000 during the forbearance period;
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·
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Require semi-monthly reporting of its borrowing base calculation;
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·
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The Company must remain in compliance with the terms of the amended Credit and Term Loan Agreement;
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Item 2.04 |
Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.
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Exhibit 10.1
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Amendment Ten to Amended and Restated Revolving Credit and Term Loan Agreement dated May 31, 2018.
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SIGNATURES
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ADDVANTAGE TECHNOLOGIES GROUP, INC.
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Date: June 4, 2018
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By: /s/ Scott Francis
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Scott Francis
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Vice-President & Chief Financial Officer
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Exhibit Number
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Description
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10.1
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Amendment Ten to Amended and Restated Revolving Credit and Term Loan Agreement dated May 31, 2018.
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1 Year ADDvantage Technologies Chart |
1 Month ADDvantage Technologies Chart |
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