Form 8-K RCM TECHNOLOGIES, INC. For: Feb 20
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 20, 2026
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction
of incorporation) |
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(Commission
File Number) |
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(IRS Employer
Identification No.) |
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(Address of principal executive offices)
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(Zip code)
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Registrant's telephone number, including area code (856 ) 356-4500
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act
of 1934 (§240.12b-2 of this chapter):
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 1.01 |
Entry into a Material Definitive Agreement
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On February 20, 2026, RCM Technologies, Inc. (the “Company”) and all of its
subsidiaries (collectively, the “Borrowers”) entered into Amendment No. 1 (“Amendment No. 1”)
to the Fifth Amended and Restated Loan Agreement, dated as of December 3, 2024 (the “Fifth Amended and Restated Loan Agreement”), with Citizens Bank, N.A., as
lender (in such capacity, the “Lender”) and as administrative agent and arranger (in such capacity, the “Administrative Agent). Capitalized terms used but not defined herein shall have the respective meanings given to such terms in the Fifth Amended and Restated Loan Agreement.
Under Amendment No. 1, the total commitment is increased from a maximum limit of $65,000,000 to $75,000,000 (which revolving line of credit facility shall include
the ability of the Borrowers to request the issuance of trade and standby letters of credit thereunder). The increased limit shall apply from February 20, 2026 through August 31, 2026. From and after September 1, 2026 through the Maturity Date of
the Fifth Amended and Restated Loan Agreement, the total commitment shall revert to $65,000,000. On September 1, 2026, to the extent the aggregate principal amount of all outstanding Revolving Loans exceed $65,000,000, such excess amounts shall
automatically become due and payable in full.
Except as so amended, the Fifth Amended and Restated Loan Agreement is not modified by Amendment No. 1.
This description of Amendment No. 1 is only a summary and is qualified in its entirety by reference to the full text of Amendment No. 1, which is attached as
Exhibit 99.1 to this Current Report on Form 8-K.
| Item 2.03 |
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
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The information set forth in Item 1.01 regarding the Amendment is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
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Exhibit Number
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Exhibit Title
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104
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Cover Page Interactive Data File (embedded within the Inline XBRL document).
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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RCM TECHNOLOGIES, INC.
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By:
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/s/ Kevin D. Miller
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Kevin D. Miller
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Chief Financial Officer, Treasurer and
Secretary
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Dated: February 24, 2026
ATTACHMENTS / EXHIBITS
XBRL TAXONOMY EXTENSION SCHEMA
XBRL TAXONOMY EXTENSION LABEL LINKBASE
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