Company: AWX
Filing Date: 2025-09-24
Form Type: 8-K
Source: 0001437749-25-029797
Chunk: 0

Company: AVALON HOLDINGS CORP
Filing Date: 2025-09-24
Form: 8-K
Item: Item 1.01
Chunk 0
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ITEM 1.01 Entry into a Material Definitive Agreement

On September 24, 2025 Avalon Holdings Corporation and certain wholly-owned subsidiaries entered into a Change in Terms Agreement with Wesbanco Bank, Inc. (formerly known as Premier Bank) (the “ Lender”) which amended its existing Business Loan and Promissory Note Agreements (collectively the “ Line of Credit Agreement”) dated September 23, 2024. The Change in Terms Agreement extends the maturity date of the Line of Credit Agreement from July 31, 2026 to July 31, 2027. At September 24, 2025, $3,200,000 was drawn under the Line of Credit Agreement.

The forgoing description of the Change in Terms Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Change in Terms Agreement, which is filed with this report as Exhibit 10.1 and is incorporated herein by reference.

The other material terms of the Line of Credit Agreement, dated September 23, 2024 with the Lender are described in the Current Reports on Form 8-K filed with the Securities and Exchange Commission on September 24, 2024 of which are incorporated herein by reference.

ITEM 9.01 Financial Statements and Exhibits