Financing ·
Galaxy Gaming, Inc. entered into a First Amendment to its Credit Agreement with BMO Bank N.A. on July 24, 2026
GLXZGalaxy Gaming, Inc.
Galaxy Gaming, Inc. entered into a First Amendment to its Credit Agreement with BMO Bank N.A. on July 24, 2026. The amendment permits the Company to repurchase up to $4 million of capital stock, equity interests, or warrants, contingent upon maintaining minimum unencumbered liquid assets of $5 million and satisfying other financial covenants. The funding for these repurchases is restricted to termination fees received from Evolution Malta Holding Limited regarding a terminated merger agreement. Additionally, the amendment modifies the Fixed Charge Coverage Ratio and updates requirements for providing financial reports to the Bank. Galaxy Gaming, Inc. operates in the gaming industry, providing technology solutions and services to casino operators.