Powerfleet increases borrowing capacity under Israeli credit facility by $10M; changes fiscal year end

Powerfleet, Inc.

Facility D under A&R Credit Agreement increased from $10M to $20M for Powerfleet Israel and Pointer Telocation.
Borrowers may distribute up to $20M from Facility D to parent or subsidiaries by Dec 31, 2025.
Fiscal year end for Borrowers changed from Dec 31 to March 31 starting with 2024.

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