- Catasys (CATS +9.2%) enters into an amendment and expansion of its previously announced financing of a receivable facility agreement and term loan.
- The Company enters into a $15M financing with Horizon Technology Finance (NASDAQ:HRZN), which includes initial term loans of $7.5M and an additional up to $7.5M loan in three revolving tranches of $2.5M.
- The Company also has access to the previously announced receivable facility agreement of $2.5M with Heritage Bank of Commerce.