PRO-DEX Amends Credit for $6.65M Acquisition

PRO-DEX, Inc. entered into a Second Amended and Restated Credit and Security Agreement dated February 9, 2026 with UMB Bank, N.A. The agreement references an existing credit facility with a revolving line of credit up to $11,000,000 and fully advanced term loans.

PRO-DEX requested that the lender extend the revolving loan availability to December 29, 2027 and extend a new term loan in the original principal amount of $6,650,000 to finance, in part, the acquisition of the membership interests of Advanced Precision Machining, LLC, a California limited liability company formerly known as Advanced Precision Machining, Inc.