Bridge bank provides new $20 million credit facility to audioeye, inc.

Phoenix--(business wire)--bridge bank, a division of western alliance bank, member fdic, today announced that its innovation banking group has provided a new $20 million credit facility to industry-leading digital accessibility company audioeye, inc. (nasdaq: aeye). the largest portion of the credit facility is a new $12 million term loan that replaces audioeye's existing term loan. the new deal also includes a $3 million revolver and a $5 million delayed draw term loan for potential “tuck-in”.
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