Boxlight Corporation has entered into the Eleventh Amendment to its existing Credit Agreement with Whitehawk Finance LLC as lender and Whitehawk Capital Partners LP as administrative and collateral agent. The amendment, expected to become effective by January 31, 2026, extends the final loan maturity date from December 31, 2025, to April 1, 2027. Mandatory quarterly amortization payments will be suspended until June 30, 2026, with repayments resuming on September 30, 2026. Interest rates remain unchanged at a 6.50% margin for SOFR loans and 5.50% for reference rate loans, with the reference rate itself increased to 5.50% per annum. The company must maintain minimum qualified cash levels and will be subject to a new Minimum Consolidated Adjusted EBITDA covenant starting with the period ending March 31, 2026, replacing the prior Senior Leverage Ratio covenant. Boxlight currently owes approximately $32.2 million under this credit facility.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Boxlight Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-124917), on December 29, 2025, and is solely responsible for the information contained therein.
Comments