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Genasys Repays Maran Partners Loan After $4.3 Million Borrowing

The company completed repayment Oct. 23 after making an earlier partial payment tied to a Sept. 14 loan amendment.

An open metal clasp rests on a plain loan agreement folder / TokenPost.ai (mono)
An open metal clasp rests on a plain loan agreement folder / TokenPost.ai (mono)

Genasys Inc. (GNSS) announced Wednesday that it had repaid its unsecured term loan from Maran Partners Fund in full on Oct. 23. The company originally borrowed $4.3 million on June 9.

Genasys made an earlier partial payment when it amended the loan on Sept. 14.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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