22 unchanged sentences
however, based on the current levels of debt and leases, the Company does not attempt to manage our exposure to interest rate fluctuations.
−Removed: The Company has senior unsecured notes with a face value of $34.5 million that mature on July 30, 2026, unless redeemed prior to maturity, bearing interest at a fixed rate of 9% per annum and paid quarterly.
−Removed: The Company also issued new senior unsecured notes during the fourth quarter of 2024 with a face value of $57.5 million that mature on November 30, 2029, unless redeemed prior to maturity, bearing interest at a fixed rate of 8.375% per annum and paid quarterly.
+Added: The Company has senior unsecured notes with a face value of $57.5 million that mature on November 30, 2029, unless redeemed prior to maturity, bearing interest at a fixed rate of 8.375% per annum and paid quarterly.
+Added: The Company issued new senior unsecured notes during the fourth quarter of 2025 with a face value of $65.0 million that mature on July 31, 2030, unless
+Added: redeemed prior to maturity, bearing interest at a fixed rate of 8.250% per annum and paid quarterly.
+Added: The Company also issued new convertible senior notes during the fourth quarter of 2025 with a face value of $345 million that mature on November 1, 2031 unless exercised, redeemed or converted prior to that date, however, these notes do not bear interest.
Some of the Company’s debts may be affected by changes in benchmark interest rates, such as the Secured Overnight Financing Rate (“SOFR”).
−Removed: Borrowings under the Company’s Revolving Credit Facility, which has a maturity date of May 3, 2029, bear interest at either a base rate plus 2.0% or the applicable SOFR plus 2.5%.
+Added: Borrowings under the Company’s Revolving Credit Facility, which has a maturity date of December 30, 2030 (subject to a springing maturity tied to convertible indebtedness), bear interest at either a base rate plus 2.0% or the applicable SOFR plus 2.5%.
The base rate equals the highest of the administrative agent’s prime rate, the Federal Funds Effective Rate plus 0.5%, or 3.0%.
7 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.