---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-023287"
form_type: "8-K"
ticker: "FGI"
cik: "0001864943"
company_name: "FGI Industries Ltd."
filed_at: "2026-04-02T23:59:59+00:00"
generated_at: "2026-05-15T07:52:38.077477+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FGI Industries amends credit facility with East West Bank, extends maturity to April 2027, maintains $18M borrowing base

## Summary
- Borrowing base up to $18M, maturity extended to April 17, 2027.
- Collateralized by all assets; guaranteed by company, subsidiaries, and Liang Chou Chen (49.91% voting control).
- Financial covenants require year-to-date EBITDA of up to $1.6M consolidated, $1.4M unconsolidated, tested monthly.
- Interest rate at Prime plus 0%-1.5% margin, with 4.5% per annum floor.

## SEC filing metadata
- accession: 0001628280-26-023287
- form_type: 8-K
- ticker: FGI
- cik: 0001864943
- company_name: FGI Industries Ltd.
- filed_at: 2026-04-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1864943/000162828026023287/0001628280-26-023287-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1864943/000162828026023287/fgi-20260327.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-023287
- JSON: https://secwatch.observer/filing/0001628280-26-023287.json
- Plain text: https://secwatch.observer/filing/0001628280-26-023287.txt

## Source-grounded claims
- claim_id: c8368fa3d1d1f2735b45e6cd899b012b1c6e9917
  claim: FGI Industries Ltd. incurred credit facility of $18,000,000 with East West Bank at Prime Rate plus a margin between 0% and 1.5% (subject to a minimum rate of 4.500 maturing April 17, 2027.
  evidence_excerpt: The Credit Agreement amends and restates the Borrower’s existing credit facility with the Lender and extends the maturity date of the facility through April 17, 2027 and maintains a maximum borrowing amount of $18,000,000, subject to borrowing base limitations.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1864943/000162828026023287/0001628280-26-023287-index.htm
- claim_id: cc68a8b51abb1232bce8a1f5be282f18765d4a33
  claim: FGI Industries Ltd. entered into Credit Agreement with East West Bank valued at $18,000,000 (effective 2026-03-27).
  evidence_excerpt: On March 27, 2026, FGI Industries Ltd (the “Company”), through its wholly owned subsidiary FGI Industries, Inc. (the “Borrower”) and certain other loan parties, entered into an Amended and Restated Business Loan Agreement (the “Credit Agreement”) with East West Bank (the “Lender”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1864943/000162828026023287/0001628280-26-023287-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.