MACE SECURITY INTERNATIONAL INC: Mace(R) Security International Named to 2021 OTCQX Best 50
CLEVELAND, OH / ACCESSWIRE / January 28, 2021 / Mace
® Security International, Inc. (OTCQX:MACE) is pleased to announce it has been ranked #21 in the 2021 OTCQX
® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.
The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2021 OTCQX Best 50 were ranked based on their performance in 2020.
MACE SECURITY INTERNATIONAL INC: Mace Security International, Inc. Enters Into Revolving Credit Agreement
CLEVELAND, OH / ACCESSWIRE / December 17, 2020 / Mace Security International (OTCQX:MACE) today announces that it has entered into a one-year $2.0 million Revolving Credit Agreement with Fifth Third Bank, National Association ( the Credit Agreement ) effective December 11, 2020. The Credit Agreement is secured by substantially all Company assets. The Credit Agreement provides for monthly interest payments at a rate equal to LIBOR plus 2%. Principal is due at maturity.
Gary Medved, president and CEO commented though we entertained multiple term sheets, in the end we wanted to partner with Fifth Third Bank, a substantial provider of loans to companies in NE Ohio, and one of the largest national lenders . Throughout the process, Fifth Third understood the level of experience the new management team has brought to Mace, and that understanding played a large role in our final decis
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