The latest update is out from Cutera Inc (CUTR).
Cutera, Inc. recently reached an agreement to terminate its Loan and Security Agreement with First-Citizens Bank & Trust Company, which had taken over from Silicon Valley Bank. This agreement had provided Cutera with access to a secured revolving loan facility of up to $30 million, set to mature in July 2024. Interestingly, the company had not utilized any portion of this credit line since its inception.
See more insights into CUTR stock on TipRanks’ Stock Analysis page.
