Boxlight Extends Loan Maturity and Updates Covenants in Amended Credit Agreement with Whitehawk
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Boxlight Corporation has amended its Credit Agreement with Whitehawk Finance LLC, extending the loan maturity from December 31, 2025, to April 1, 2027. Mandatory quarterly amortization payments are suspended until June 30, 2026, with repayments resuming on September 30, 2026. Interest rates remain at 6.50% for SOFR loans and 5.50% for reference rate loans, which has been increased to 5.50% per annum. A new Minimum Consolidated Adjusted EBITDA covenant will replace the prior Senior Leverage Ratio covenant starting March 31, 2026. Boxlight currently owes approximately $32.2 million under this facility.
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