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Creative Realities Inc (CREX) has provided an announcement.
Creative Realities, Inc. is set to boost its financial agility with a potential $20 million revolving credit facility, plus an extra $5 million option, from First Merchants Bank. This preliminary, non-binding agreement signals both parties’ willingness to negotiate a final deal by mid-May 2024, although it’s not guaranteed. The company will keep investors informed by reporting the definitive terms once finalized. News of this financial maneuver was made public in a recent press release.
Learn more about CREX stock on TipRanks’ Stock Analysis page.
