Galaxy Gaming amends BMO credit agreement to allow up to $4 million stock buybacks

Reuters2026/07/30 10:15

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Galaxy Gaming entered a first amendment on July 24, 2026 to its Jan. 6, 2025 credit agreement with BMO Bank.
Amendment allows up to USD 4 million in share repurchases, subject to conditions including at least USD 5 million in unencumbered liquid assets.
Buyback funding must come solely from the termination fee tied to Evolution Malta Holding’s merger agreement termination.
Changes also revise the fixed charge coverage ratio covenant.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Galaxy Gaming Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-324517), on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Galaxy Gaming amends BMO credit agreement to allow up to $4 million stock buybacks

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