Financing ·
Optex Systems Holdings, Inc. entered into a master equipment finance loan and security agreement with Texas Capital…
OPXSOptex Systems Holdings Inc
Optex Systems Holdings, Inc. entered into a master equipment finance loan and security agreement with Texas Capital Bank on July 14, 2026, to finance a $2.1 million high vacuum coating system. The company's subsidiary, Optex Systems, Inc., received an initial interim funding of $246,783 via a secured interim loan, which must be repaid or converted into a term loan by January 10, 2027. The agreement includes cross-default and cross-collateralization provisions and requires the maintenance of maintenance of a fixed charge coverage ratio of at least 1.25:1 and a total leverage ratio of 3.00:1. Optex Systems Holdings, Inc. operates in the semiconductor and high vacuum coating technology industry.