Creative Realities, Inc. Enters into an Eleventh Amendment to Loan and Security Agreement
January 07, 2021 at 04:06 pm EST
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On December 31, 2020, Creative Realities, Inc. (the “Company”) entered into an Eleventh Amendment to Loan and Security Agreement (the “Amendment”) with its subsidiaries and Slipstream Communications, LLC (“Lender”). Pursuant to the Amendment, the parties agreed to extend the date on which the Lender’s existing $2,000,000.00 special loan to the Company (with accrued and unpaid interest) automatically converts into a new class of senior preferred stock of the Company, from December 31, 2020 to January 31, 2021 (or upon an earlier event of default).
Creative Realities, Inc. provides digital signage and media solutions to enhance communications in a variety of out-of-home environments, key market segments and use cases, including retail, entertainment and sports venues, restaurants, including quick-serve restaurants (QSR), convenience stores, financial services, automotive, medical and healthcare facilities, mixed use developments, corporate communications, employee experience and digital out of home (DOOH) advertising networks. Its platforms include ReflectView, Reflect Xperience, Reflect AdLogic, Clarity, Reflect Zero Touch, iShowroomProX and OSx+. Reflect Xperience is a web-based interface that allows customers to give content scheduling access to local users via the web or mobile devices, while still maintaining centralized programming control. Its technology and solutions include Digital Merchandising Systems, Digital Sales Assistants, Digital Way-Finders, Digital Kiosks, Digital Menu-Board Systems and Dynamic Digital Signage.
CREATIVE REALITIES, INC. 
