Aspen Aerogels, Inc. has announced an amendment to its existing Credit, Security and Guaranty Agreement with MidCap Financial. The amendment enhances the company's financial position by updating its financial covenant framework and providing additional flexibility, along with other technical changes. Aspen's Chief Financial Officer & Treasurer, Grant Thoele, stated that the company's liquidity outlook is trending ahead of expectations due to operational efficiencies, working capital improvements, and prudent capital spending. The amendment will be filed with the Securities and Exchange Commission.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aspen Aerogels Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9604129-en) on December 17, 2025, and is solely responsible for the information contained therein.