Aehr Test Systems announced that on January 10, 2023, the company entered into the Third Amendment to Loan and Security Agreement with Silicon Valley Bank which amended the Loan and Security Agreement dated as of January 13, 2020, the First Amendment to Loan and Security Agreement dated as of January 14, 2021, and the Second Amendment to Loan and Security Agreement dated as of January 11, 2022 with the Lender. The Amendment, among other things, extended the Revolving Line Maturity Date to January 13, 2024, provided, however, that if by no later than July 31, 2023 the Company submits a fiscal year 2024 plan of record to that is generally acceptable to the Lender, and the minimum net cash at the end of November 30, 2023 is at least $20.0 million, the Amended Revolving Line Maturity Date would be extended to January 13, 2025.