SoundThinking, Inc. has announced a significant amendment to its existing credit agreement with Umpqua Bank, originally established on September 27, 2018. The amendment, finalized on August 28, 2025, extends the maturity date of the credit agreement from October 15, 2025, to October 15, 2027. Additionally, it increases the revolving credit commitment from $25 million to $40 million. This amendment aims to provide SoundThinking with enhanced financial flexibility and resources to support its ongoing business operations and strategic objectives.
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. SoundThinking Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-112829), on September 03, 2025, and is solely responsible for the information contained therein.