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Moatable Secures $9.75M Credit Facility with PNC Bank

Story Highlights
  • Moatable’s subsidiaries secured a $9.75 million credit facility on September 11, 2025.
  • The funds will support a tender offer to repurchase up to 225 million Class A shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Moatable Secures $9.75M Credit Facility with PNC Bank

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The latest update is out from Moatable ( (MTBLY) ).

On September 11, 2025, Moatable, Inc.’s subsidiaries, Moatable US Holdco, Inc., Lofty, Inc., and Trucker Path, Inc., entered into a $9.75 million senior secured credit facility with PNC Bank. The funds from this facility will be used to support the company’s tender offer to purchase up to 225,000,000 Class A Ordinary Shares at $3.00 per share. The credit facility, which matures on October 31, 2026, features a variable interest rate and includes customary covenants and events of default. This financial maneuver aims to enhance Moatable’s market position by facilitating the repurchase of its shares, potentially impacting shareholder value and market perception.

The most recent analyst rating on (MTBLY) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Moatable stock, see the MTBLY Stock Forecast page.

Spark’s Take on MTBLY Stock

According to Spark, TipRanks’ AI Analyst, MTBLY is a Neutral.

Moatable’s overall stock score is primarily influenced by its strong technical momentum, which is a positive indicator for short-term price movements. However, the mixed financial performance and high valuation present significant risks. The lack of earnings call data and corporate events means these factors did not influence the score.

To see Spark’s full report on MTBLY stock, click here.

More about Moatable

Average Trading Volume: 13,958

Technical Sentiment Signal: Buy

Current Market Cap: $50.97M

For a thorough assessment of MTBLY stock, go to TipRanks’ Stock Analysis page.

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