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New York Mortgage Trust, Inc. (NASDAQ: NYMT) filed an 8-K announcing the completion of a $90 million public offering of 9.875% Senior Notes due 2030 (the 鈥淣otes鈥�). The size includes $5 million issued via partial exercise of the underwriters鈥� 30-day over-allotment option.

The Notes were priced at 100% of par and are senior unsecured obligations ranking pari-passu with NYMT鈥檚 existing unsecured notes (5.75% 2026, 9.125% 2029, 9.125% 2030). Interest is payable quarterly on 1 Jan/Apr/Jul/Oct, beginning 1 Oct 2025. The Notes mature on 1 Oct 2030 and are callable at par on or after 1 Oct 2027 with 30鈥�60 days鈥� notice.

Underwriters include Morgan Stanley, KBW, Piper Sandler, RBC, UBS and Wells Fargo. NYMT provided customary representations, covenants, and indemnities. The instruments were issued under an existing Base Indenture (Jan 23 2017) and a new Fourth Supplemental Indenture (Jul 8 2025) with U.S. Bank Trust Company as trustee. Events of default are standard; upon default the principal plus accrued interest may be accelerated.

After underwriting discounts, commissions and estimated expenses, net proceeds are approximately $86.6 million. The company plans to deploy the cash for general corporate purposes, potentially including acquisition of mortgage-, housing-, and credit-related assets and working capital.

The offering enhances near-term liquidity and extends the debt maturity profile but increases interest expense given the high coupon rate. No earnings data or pro-forma leverage metrics were disclosed in the filing.

Novanta Inc. (NASDAQ: NOVT) entered into a Fourth Amended & Restated Credit Agreement on 27 June 2025 that replaces its 2019 facility scheduled to mature in March 2027. The new agreement provides an aggregate senior secured credit capacity of approximately US$1.0 billion, broken down into:

• 鈧�65.31 million 5-year Euro-denominated term loan
• $75 million 5-year US-dollar term loan
• $850 million 5-year revolving credit facility

The maturity is extended to June 2030, and an uncommitted accordion feature can raise total commitments by an additional $350 million, subject to customary conditions. Interest is set at (i) Base Rate + 0鈥�0.75 ppt or (ii) SOFR/SONIA/EURIBOR + 1.00鈥�1.75 ppt, with pricing tied to the company鈥檚 consolidated leverage ratio. A commitment fee applies to unused revolver capacity.

Key financial covenants tested quarterly include: (1) maximum consolidated leverage ratio of 3.5脳 (step-up to 4.0脳 for four quarters following qualifying acquisitions >= $50 million) and (2) minimum fixed-charge coverage ratio of 1.25脳. The facilities are secured by senior liens on substantially all assets of Novanta and certain subsidiaries and contain customary negative covenants on mergers, asset sales, indebtedness, investments and liens.

Required quarterly principal amortization begins September 2025 for the Euro term loan and September 2026 for the US term loan, with final balloon payments due at maturity. Prepayments from asset sales, casualty events or incremental debt are mandatory, while voluntary prepayments and commitment reductions are permitted without premium.

Outstanding borrowings under the prior facility were $392.4 million as of 28 March 2025. The new structure enhances liquidity headroom, extends tenor, and provides interest-rate optionality, but also secures the debt and maintains leverage limits that investors should monitor.

Spire Global (NYSE:SPIR) filed a routine Form 4 disclosing that Executive Chairman Peter Platzer sold 25,907 Class A shares on 06/24/2025 under a Rule 10b5-1 plan at a weighted-average price of $9.91, for roughly $256 K. Platzer still owns 1,614,199 shares directly and 857,173 shares indirectly through his spouse. No other material ownership or corporate changes were reported.

Spire Global, Inc. (SPIR) has filed a Form 144 indicating that Chief Executive Officer Peter Platzer intends to sell 25,907 common shares through Morgan Stanley Smith Barney on or about 24 June 2025.

The proposed transaction is valued at $251,038.83, implying an indicative price of roughly $9.69 per share and representing approximately 0.08 % of the company鈥檚 31,076,659 shares outstanding.

According to the filing鈥檚 three-month look-back disclosure, Platzer has already executed five 10b5-1 sales between 15 April and 11 June 2025, totaling 67,833 shares and generating $704,818.99 in gross proceeds. When combined with the new notice, recent and planned dispositions amount to 93,740 shares, or roughly 0.30 % of the current float.

The signer affirms that no undisclosed material adverse information exists and that the sales are being conducted under a Rule 10b5-1 trading plan, indicating a pre-arranged, compliance-oriented approach rather than opportunistic selling.