Company: PDEX
Filing Date: 2025-04-11
Form Type: 8-K
Source: 0001079973-25-000614
Chunk: 1

Company: PRO DEX INC
Filing Date: 2025-04-11
Form: 8-K
Item: Item 1.01
Chunk 1
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 entire balance of the Revolving Loan immediately due and payable in full.

The
Credit Agreement and the Revolving Note contain representations and warranties, affirmative, negative and financial covenants, and events
of default that are customary for loans of this type.

A
copy of the Amendment and the Revolving Note are attached as exhibits to this Current Report on Form 8-K. The above descriptions are
qualified by reference to the complete text of the Amendment and the Revolving Note. The representations, warranties, and covenants contained
in those documents were made only for purposes of the transactions represented thereby as of the specific dates therein, are solely for
the benefit of the Company and MBT, may be subject to limitations agreed upon by the Company and MBT, including, among others, being
qualified by disclosures made for the purposes of allocating contractual risk between the parties instead of establishing these matters
as facts, and may be subject to standards of materiality applicable to the contracting parties that differ from those applicable to investors.
Investors are not third-party beneficiaries under those documents and should not rely on the representations, warranties and covenants,
or any descriptions thereof, as characterizations of the actual state of facts or condition of the Company. Moreover, information concerning
the subject matter of representations and warranties contained in those documents may change after the date of those documents, which
subsequent information may or may not be fully reflected in the Company’s public disclosures. Rather, investors and the public
should look to the disclosures contained in the Company’s reports under the Securities Exchange Act of 1934, as amended, for information
concerning the Company.

  Item 2.03      Creation                                                                                   

The disclosures
concerning the Amendment and the Revolving Note contained in Item 1.01 above are incorporated into this Item 2.03 by this reference.

  Item 9.01      Financial Statements and Exhibits.  

(d) Exhibits.

  Exhibit      Description                                                                                                                                                                                           
   Number                                                                                                                                                                                                            
     10.1      Amendment No.6 to Amended and Restated Credit Agreement dated April 8, 2025 by and between Pro-Dex, Inc. and UMB Bank, N. A. D/B/A Minnesota Bank and Trust, a division of UMB Bank, N. A., succe...  
     10.2      Amended and Restated Revolving Credit Note dated April 8, 2025, made by Pro-Dex, Inc. in favor of