R F Industries Secures $10M Credit Facility
Ticker: RFIL · Form: 8-K · Filed: Nov 6, 2025 · CIK: 740664
| Field | Detail |
|---|---|
| Company | R F Industries Ltd (RFIL) |
| Form Type | 8-K |
| Filed Date | Nov 6, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $4.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financing
TL;DR
RF Industries just inked a $10M credit deal. Big move for cash flow.
AI Summary
On November 5, 2025, R F Industries, Ltd. entered into a material definitive agreement, specifically a credit agreement, which creates a direct financial obligation for the registrant. The agreement involves a principal amount of $10.0 million.
Why It Matters
This new credit facility provides R F Industries with access to $10.0 million, which can be used for operational needs or strategic initiatives, potentially impacting future growth and financial flexibility.
Risk Assessment
Risk Level: medium — The creation of a new financial obligation, while potentially beneficial, introduces debt and associated repayment risks.
Key Numbers
- $10.0M — Credit Facility Amount (Provides new funding for the company.)
Key Players & Entities
- R F Industries, Ltd. (company) — Registrant
- November 5, 2025 (date) — Date of earliest event reported
- $10.0 million (dollar_amount) — Principal amount of credit agreement
FAQ
What is the purpose of the $10.0 million credit agreement?
The filing does not specify the exact purpose of the credit agreement, but it is a material definitive agreement creating a direct financial obligation for R F Industries, Ltd.
When was the credit agreement entered into?
The credit agreement was entered into on November 5, 2025, which is the date of the earliest event reported in this 8-K filing.
What type of financial obligation does this agreement represent for R F Industries?
This agreement represents a direct financial obligation for R F Industries, Ltd.
What is the principal amount of the credit facility?
The principal amount of the credit facility is $10.0 million.
What is R F Industries, Ltd.'s state of incorporation?
R F Industries, Ltd. is incorporated in Nevada.
Filing Stats: 711 words · 3 min read · ~2 pages · Grade level 10.6 · Accepted 2025-11-06 17:05:02
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share RFIL NASDAQ Glo
- $4.0 million — ng Loan outstanding principal amount to $4.0 million and (iii) decrease the interest rate fo
Filing Documents
- rfil20251106_8k.htm (8-K) — 25KB
- ex_884579.htm (EX-10.1) — 46KB
- annex_page01.jpg (GRAPHIC) — 81KB
- annex_page02.jpg (GRAPHIC) — 280KB
- annex_page03.jpg (GRAPHIC) — 325KB
- annex_page04.jpg (GRAPHIC) — 273KB
- annex_page05.jpg (GRAPHIC) — 370KB
- annex_page06.jpg (GRAPHIC) — 248KB
- annex_page07.jpg (GRAPHIC) — 363KB
- annex_page08.jpg (GRAPHIC) — 203KB
- annex_page09.jpg (GRAPHIC) — 132KB
- annex_page10.jpg (GRAPHIC) — 297KB
- annex_page11.jpg (GRAPHIC) — 452KB
- 0001437749-25-033641.txt ( ) — 4373KB
- rfil-20251105.xsd (EX-101.SCH) — 3KB
- rfil-20251105_def.xml (EX-101.DEF) — 11KB
- rfil-20251105_lab.xml (EX-101.LAB) — 15KB
- rfil-20251105_pre.xml (EX-101.PRE) — 11KB
- rfil20251106_8k_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On November 5, 2025, RF Industries, Ltd. (the "Company") entered into the Second Amendment to Loan and Security Agreement (the "EBC Second Amendment"), by and among the Company, the Company's subsidiaries Cables Unlimited, Inc., Rel-Tech Electronics, Inc., C Enterprises, Inc., Schroff Technologies International, Inc., and Microlab/FXR LLC (collectively with the Company, the "Borrowers"), Eclipse Business Capital LLC, as agent ("EBC"), and the lenders party thereto (the "Lenders"). The EBC Second Amendment amends the Loan and Security Agreement, dated as of March 15, 2024, among the Borrowers, the Lenders and EBC (as amended, the "EBC Loan Agreement"), to, among other things, (i) extend the revolving credit facility (the "EBC Revolving Loan") maturity date to March 15, 2029, (ii) decrease the minimum EBC Revolving Loan outstanding principal amount to $4.0 million and (iii) decrease the interest rate for the EBC Revolving Loan to adjusted term SOFR or the base rate, as applicable, plus the Applicable Margin (as defined in the EBC Loan Agreement). The Applicable Margin is determined quarterly under a two-prong pricing grid based on both the Average Excess Availability and Fixed Charge Coverage Ratio for the most recently ended fiscal quarter, as set forth on Annex IV to the EBC Loan Agreement. The foregoing description of the EBC Second Amendment is not complete and is qualified in its entirety by reference to the EBC Second Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth above under Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Second Amendment to Loan and Security Agreement, dated as of November 5, 2025, by and among RF Industries, Ltd., Cables Unlimited, Inc., Rel-Tech Electronics, Inc., C Enterprises, Inc., Schroff Technologies International, Inc., and Microlab/FXR LLC, as Borrowers, Eclipse Business Capital LLC, as agent, and the lenders party thereto. 104 Cover Page Interactive Date File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RF INDUSTRIES, LTD. Date: November 6, 2025 By: /s/ Peter Yin Peter Yin Chief Financial Officer