inTEST Corporation (NYSEMKT:INTT) Files An 8-K Entry into a Material Definitive AgreementItem 1.01. Entry Into A Material Definitive Agreement
On November 18, 2016, inTEST Silicon Valley Corporation (“inTEST SV”), a wholly-owned subsidiary of inTEST Corporation, entered into a First Amendment (the “Amendment) to the Standard Industrial Lease Agreement dated January 9, 2012 (the “Lease”) with Columbia California Warm Springs Industrial, LLC. The Amendment extends the term of the Lease for a period of thirty-seven (37) months commencing on October 1, 2017 (the “Extension Date”) and expiring on October 31, 2020 (the “Expiration Date”). The total base rent expense from the Extension Date through the Expiration Date is approximately $613,000. A copy of the Amendment is attached hereto as Exhibit 10.1 and is incorporated herein by reference. Item 9.01. Financial Statements and Exhibits
A list of the Exhibits which are required by Item 601 of Regulation S-K and furnished with this Report is set forth in the Exhibit Index immediately following the page, which Exhibit Index is incorporated herein by reference.
About inTEST Corporation (NYSEMKT:INTT)
inTEST Corporation is an independent designer, manufacturer and marketer of thermal, mechanical and electrical products that are used by semiconductor manufacturers in conjunction with automated test equipment (ATE), in the testing of integrated circuit (ICs). The Company operates through three segments: Thermal Products, Mechanical Products and Electrical Products. Its thermal products are sold into the environmental test market encompassing a range of markets, including the ATE, automotive, consumer electronics, defense/aerospace, energy, industrial and telecommunications markets. It offers three lines of manipulator products: the in2(R), the Aero Series and the Cobal Series. Its electrical products, which include various types of tester interfaces, provide the electrical connections between the tester and the wafer prober or IC handler to carry the electrical signals between the tester and the probe card on the prober or the test socket on the handler. inTEST Corporation (NYSEMKT:INTT) Recent Trading Information
inTEST Corporation (NYSEMKT:INTT) closed its last trading session up +0.05 at 4.25 with 40,091 shares trading hands.