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BRIEF-Infosonics corp enters into eighth amendment to loan and security agreement with Silicon Valley Bank
March 29, 2017 / 10:20 AM / in 8 months

BRIEF-Infosonics corp enters into eighth amendment to loan and security agreement with Silicon Valley Bank

March 29 (Reuters) - Infosonics Corp:

* Infosonics Corp - on March 24, 2017, co entered into eighth amendment to loan and security agreement with Silicon Valley Bank

* Infosonics Corp - amendment modifies original loan and security agreement that was dated as of March 27, 2014, as amended

* Infosonics Corp - primary purpose of amendment to remove co's ability to borrow against accounts receivable and limit borrowing to $2 million sublimit Source text: (bit.ly/2o9NeDE) Further company coverage:

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