Boxlight Amends Credit Agreement With Whitehawk Finance as $32.2 Million Debt Maturity Looms
Boxlight Corporation has amended its Credit Agreement with Whitehawk Finance LLC due to a $32.2 million debt maturing on December 31, 2025. The amendment requires Boxlight to add all subsidiaries as loan parties and submit asset appraisal reports. The company is uncertain about repaying the debt by the maturity date, risking foreclosure and insolvency. The amendment includes waivers for past non-compliance and allows a $3 million prepayment without penalty. This information is based on Boxlight's filing with the U.S. SEC.
Boxlight Corporation has entered into a Forbearance Agreement and Tenth Amendment and Waiver to its existing Credit Agreement with Whitehawk Finance LLC and White Capital Partners LP. The amendment, signed on December 2, 2025, requires Boxlight to add all subsidiaries as loan parties and submit third-party asset appraisal and field examination reports by late December 2025. The company currently owes approximately $32.2 million under the Credit Agreement, which matures on December 31, 2025. Boxlight does not expect to be able to repay the outstanding debt by the maturity date and is working to resolve the situation, though there is no assurance of success. The amendment includes waivers for past borrowing base non-compliance and allows a voluntary prepayment of at least $3 million without a prepayment premium. Failure to meet the amendment’s terms or repay the debt could result in foreclosure and insolvency. 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: 0001628280-25-055290), on December 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
