Strata Critical Medical Inc. has secured a new revolving credit agreement with JPMorgan Chase Bank, N.A., establishing a secured, asset-based loan facility of up to $30 million, with the potential to increase to $50 million subject to certain conditions. The facility, which will initially remain undrawn, is designed to support Strata's acquisition strategy and enhance capital efficiency. Notably, Strata’s owned aircraft are excluded from the collateral package, preserving future financing flexibility. The company intends to use the facility to pursue further acquisitions in the clinical perfusion space and accelerate growth.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Strata Critical Medical Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9649618-en) on February 05, 2026, and is solely responsible for the information contained therein.
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