Round Type
Funding Round
Mt. LaurelManufacturingDescription
inTEST Corporation (NYSE American: INTT), a global supplier of innovative test and process solutions for use in manufacturing and testing in key target markets which include automotive, defense/aerospace, industrial, life sciences, security, and semiconductor, announced today that it has executed an amendment to its loan agreement with M&T Bank to expand the existing non-revolving delayed draw term loan facility by $25.5 million to $50.5 million. After borrowings of $20.5 million in the fourth quarter of 2021, this amendment raises the remaining available funding under the term loan facility to $30 million. The maturity date for draws under the expanded term loan facility has been extended to September 2027. This extension also applies to the existing $10 million line of credit, which has no borrowings.
Quick answer
inTEST Corporation raised an undisclosed amount in a Funding Round round, dated September 26, 2022. inTEST Corporation is based in Mt. Laurel, New Jersey, United States.
- How much did inTEST Corporation raise?
- inTEST Corporation raised an undisclosed amount in a Funding Round round on September 26, 2022.
- What does inTEST Corporation do?
- inTEST Corporation is a global supplier of innovative test and process solutions for use in manufacturing and testing in key target markets which include automotive, defense/aerospace, industrial, life sciences, and..
- Where is inTEST Corporation based and how big is it?
- inTEST Corporation is based in Mt. Laurel, New Jersey, United States.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as inTEST Corporation that raised within 45 days of this round, from Fundz verified event records.
- IndulgeRx Brands raised $553K (Pre-Seed) on November 10, 2022.
- The Shape Sensing Company raised an undisclosed amount (Funding Round) on November 10, 2022.
- SKYX Platforms raised $653K on November 9, 2022.
- Lion Electric Company raised an undisclosed amount (Funding Round) on November 9, 2022.
- 3D Systems raised $5.8M (Funding Round) on November 9, 2022.
- Xanadu Quantum Technologies raised an undisclosed amount (Series C) on November 9, 2022.
Who to call at inTEST Corporation, and when
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- An alert the day inTEST Corporation raises, hires an executive or expands, scored against what you sell
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inTEST Corporation raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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