Current Report Filing (8-k)
April 24 2019 - 4:11PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): April 22, 2019
Galaxy Gaming, Inc.
(Exact name of registrant as specified in its charter)
Nevada
|
000-30653
|
20-8143439
|
(State or other jurisdiction of incorporation)
|
(Commission File Number)
|
(I.R.S. Employer Identification No.)
|
6767 Spencer Street, Las Vegas, Nevada
|
|
89119
|
(Address of principal executive offices)
|
|
(Zip Code)
|
(Registrant’s telephone number, including area code): (702) 939-3254
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instructions A.2. below):
☐
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
☐
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
☐
|
Pre-commencement communications pursuant to Rule 14d-2(b) under Exchange Act (17 CFR 240.14d-2(b))
|
☐
|
Pre-commencement communications pursuant to Rule 13e-4(c) under Exchange Act (17 CFR 240.13e-4(c))
|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01
|
Entry into a Material Definitive Agreement
|
On April 22, 2019, Galaxy Gaming, Inc. (“Galaxy” or the “Company”) entered into a First Amendment to Credit Agreement (the “Amendment”), pursuant to which
the Credit Agreement, dated April 24, 2018, by and between Galaxy and ZB, N.A. dba Nevada State Bank was amended as described herein. Among other things, the Amendment amends the agreement to (i) constitute all references to “Lender” or “Nevada
State Bank” as references to “Zions Bancorporation, N.A. dba Nevada State Bank;” and (ii) extend the Revolving Loan Maturity Date from the first anniversary of the Closing Date to the third anniversary of the Closing Date.
The Amendment contains representations and warranties and affirmations regarding the Amendment and the original credit agreement that are customary for
financing transactions. Other than as specifically referenced in the Amendment, the credit agreement remains in full force and effect.
The foregoing descriptions of the Amendment is not complete and is qualified in its entirety by reference to the Amendment filed as Exhibit 10.1 hereto.
Item 2.03
|
Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant
|
The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.
Item 9.01
|
Financial Statements and Exhibits.
|
|
10.1
|
First Amendment to Credit Agreement, dated April 22, 2019, between GALAXY GAMING, INC., a Nevada corporation, and ZIONS BANCORPORATION, N.A.B, N.A.
dba NEVADA STATE BANK, a Nevada state banking corporation.
|
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
|
|
GALAXY GAMING, INC.
|
|
|
|
|
|
|
By:
|
|
|
|
Name:
|
Harry C. Hagerty
|
|
|
Title:
|
Chief Financial Officer
|
|
|
|
|
Date:
|
April 24, 2019
|
|
|
Exhibit Index
Exhibit
|
|
|
|
|
|
|
|
First Amendment to Credit Agreement, dated April 22, 2019, between GALAXY GAMING, INC., a Nevada corporation, and ZIONS BANCORPORATION, N.A.B, N.A.
dba NEVADA STATE BANK, a Nevada state banking corporation.
|
Galaxy Gaming (QB) (USOTC:GLXZ)
Historical Stock Chart
From Aug 2024 to Sep 2024
Galaxy Gaming (QB) (USOTC:GLXZ)
Historical Stock Chart
From Sep 2023 to Sep 2024