Financing ·
Genasys Inc. closed a First Amendment to its Loan Agreement with Maran Partners Fund, LP on September 14, 2026
GNSSGenasys Inc.
Genasys Inc. closed a First Amendment to its Loan Agreement with Maran Partners Fund, LP on September 14, 2026. The company repaid $800,000 of the existing $4,300,000 unsecured term loan, reducing the outstanding principal balance to $3,500,000. The amendment extended the maturity date from September 14, 2026, to October 30, 2026, and reduced the advance notice period for optional prepayments from 30 days to three business days. Genasys paid a $92,500 amendment fee at closing. The company operates in the defense technology sector, providing electronic warfare and counter-drone solutions.