Revolution Lighting Amends Loan and Security Agreement
Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) (“Revolution
Lighting” or the “Company”), a global provider of advanced LED
lighting solutions, announced that on April 30, 2019 the Company
entered into an Amendment to Forbearance Agreement and Sixteenth
Amendment to its loan and security agreement with Bank of America.
The Amendment extends the previously disclosed forbearance period
through July 31, 2019. A copy of the Sixteenth Amendment and a
description of its material terms will be filed with the SEC on
Form 8-K in the coming days.
"We appreciate the continued support of Bank of America and
their continued willingness to work with us." said Robert V.
LaPenta, Chairman, CEO and President, Revolution Lighting
Technologies. “The company is making progress in its business
operations, and we look forward to a long and successful
partnership with Bank of America.”
About Revolution Lighting Technologies Inc.
Revolution Lighting Technologies, Inc. is a leader in the
design, manufacture, marketing, and sale of LED lighting solutions
focusing on the industrial, commercial and government markets in
the United States, Canada, and internationally. Through advanced
LED technologies, Revolution Lighting has created an innovative
lighting company that offers a comprehensive advanced product
platform of high-quality interior and exterior LED lamps and
fixtures, including signage and control systems. Revolution
Lighting is uniquely positioned to act as an expert partner,
offering full service lighting solutions through our operating
divisions including Energy Source, Multi-Family and Tri-State LED
to transform lighting into a source of superior energy savings,
quality light and well-being. Revolution Lighting Technologies
markets and distributes its products through a network of regional
and national independent sales representatives and distributors, as
well as through energy savings companies and national accounts.
Revolution Lighting Technologies trades on the Nasdaq Capital
Market under the ticker RVLT. For more information, please visit
rvlti.com and connect with the Company on Twitter, LinkedIn
RVLT Investor Relations Contact: Amato and Partners, LLC
Investor Relations Counsel firstname.lastname@example.org
Source: Revolution Lighting Technologies, Inc.