Avalon Holdings Corporation has amended its existing credit agreement with Wesbanco Bank, Inc. to extend the maturity date of its line of credit. According to a Form 8-K filed on October 13, 2026, the registrant and its wholly-owned subsidiaries entered into a Change in Terms Agreement with the lender on July 28, 2026.
The agreement amends the Business Loan and Promissory Note Agreements, collectively known as the Line of Credit Agreement. The amendment extends the maturity date of the line of credit from July 31, 2027, to July 31, 2028. The original Line of Credit Agreement was dated September 24, 2025.
As of July 28, 2026, Avalon Holdings reported that $3,200,000 was drawn under the Line of Credit Agreement. The filing states that the other material terms of the original agreement are described in Current Reports on Form 8-K filed with the Securities and Exchange Commission on September 24, 2025.