Calamp (CAMP) Announces Completion of Strategic Financing with Lynrock Lake
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/31/2026
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- Fed chair Warsh kicks off Jackson Hole keynote address
- PayPal tumbles as Advent, Stripe said to drop $50 bln pursuit
- Oil settles lower on clues about Fed policy, rumors of Hormuz deal
- Dollar jumps after Warsh comments, set for weekly gain
- McKesson reports cybersecurity incident affecting its information systems
- Mizuho is bullish on Broadcom ahead of Sept. 2 earnings, citing 30-quarter streak
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- BioNTech ends colorectal cancer mRNA therapy trial early
- Needham sees mature node semiconductor strength in latest tracker
CalAmp Announces Completion of Strategic Financing with Lynrock Lake
December 18, 2023 4:31 PM ESTIRVINE, Calif., Dec. 18, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with telematics solutions, today announced the closing of a $45 million strategic financing with Lynrock Lake Master Fund LP (Lynrock) in the form of a term loan maturing in November 2027. Lynrock is an existing holder of a large majority of CalAmps 2.00% Convertible Senior Notes maturing in August 2025 (the Notes). In connection with the execution of the term loan agreement, CalAmp is amending the Notes to add a security interest.
As a... More
