On September 23, 2026, Galaxy Gaming, Inc. entered into a Second Amendment to its Credit Agreement with BMO Bank N.A. The amendment modifies the terms of the loan agreement originally dated January 6, 2025, which was previously amended by a First Amendment on July 24, 2026.
The primary changes outlined in the filing include an increase to the annual capital expenditure limitation. Under the new terms, the Company and its Subsidiaries are permitted to spend up to ten percent (10%) of the prior year’s net revenue per annum on capital expenditures.
Additionally, the amendment approves a one-time EBITDA addback of $505,361.00. This adjustment is intended solely for the purpose of determining compliance with specific financial ratios defined within the Credit Agreement.
The Company filed the Second Amendment as Exhibit 10.1 to this Current Report on Form 8-K.
