Boxlight draws $2M additional bridge loan under amended credit agreement, due Nov 29, 2024

Boxlight Corp

On July 2, 2024, Boxlight received a $2,000,000 working capital bridge loan from Whitehawk Finance LLC.
Loan matures and is payable in full on November 29, 2024.
This is the second draw under the Sixth Amendment; a prior $2M was drawn on April 19, 2024, and a conditional $3M tranche was agreed for June 2024.
Loan is secured under the existing credit agreement; proceeds support working capital.
Obligation increases total debt and near-term liquidity risk for the company.

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