NORTHERN TECHNOLOGIES INTERNATIONAL CORP
For the period ended May 31, 2025. Filed Jul 11, 2025.
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May 31, 2025 · Filed Jul 11, 2025
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Item 5. Other Information
| ITEM 5. | OTHER INFORMATION |
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Credit Agreement
On July 8, 2025, Northern Technologies International Corporation and JPMorgan Chase Bank, N.A. entered into an amendment to the Credit Agreement to increase the availability under the Credit Facility from $8.0 million to $10.0 million. The other material terms of the Credit Facility and the Credit Agreement were not affected by this amendment.
The foregoing represents only a summary of the material terms of the amendment to the Credit Agreement, does not purport to be complete and is qualified in its entirety by reference to the complete text of the amendment to the Credit Agreement, which is filed as Exhibit 10.1 to this quarterly report on Form 10-Q, and is incorporated by reference herein.
Rule 10b5-1 Plan and Non-Rule 10b5-1 Trading Arrangement Adoptions, Terminations, and Modifications
During the three months ended May 31, 2025, none of NTIC’s directors or “officers” (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408 of SEC Regulation S-K.
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