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S&W Seed Company ( (SANW) ) has provided an announcement.
S&W Seed Company has entered into a Credit and Security Agreement with Mountain Ridge to establish a senior secured credit facility worth up to $25 million, maturing in 2026. This facility will replace the existing obligations to CIBC Bank and support the company’s working capital needs and general corporate purposes. Additionally, S&W Seed Company has amended its loan agreement with MFP and repurchased 200,000 shares of its own stock, enhancing its financial flexibility and shareholder value.
More about S&W Seed Company
YTD Price Performance: -52.71%
Average Trading Volume: 40,897
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $14.37M
Learn more about SANW stock on TipRanks’ Stock Analysis page.
