Common Stock, par value $0.01 per share
- Symbol
- UEIC
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 1.01, 9.01 · 8-K
Universal Electronics Inc.
UEICNASDAQEQUITYCurrent
Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement As a continuation of the line of credit granted by Bank of China Limited in August 2024, on July 15, 2026, Universal Electronics Inc.'s subsidiary, Gemstar Technology (Yangzhou) Co. Ltd.…
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UNIVERSAL ELECTRONICS INC. · 8-K · Filed 2026-07-20
Disclosure sections
Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01 Entry into a Material Definitive Agreement
As a continuation of the line of credit granted by Bank of China Limited in August 2024, on July 15, 2026, Universal Electronics Inc.'s subsidiary, Gemstar Technology (Yangzhou) Co. Ltd. ("GTY"), entered into a Line of Credit Agreement (the "LOC") and a Working Capital Loan Contract (the "WC Contract"), each with Bank of China Limited, Baoying Sub-Branch (collectively, the LOC, the WC Contract, that certain Maximum Mortgage Contract signed August 29, 2024, between Bank of China Limited, Baoying Sub-Branch and GTY, and that certain Maximum Mortgage Contract signed September 1, 2025, between Bank of China Limited, Baoying Sub-Branch and GTY, are herein referred to as the "BOC Loan Contracts"). Subject to the terms and conditions of the BOC Loan Contracts, GTY’s borrowing capacity remains 130,000,000 RMB for general business purposes until July 9, 2027.
The foregoing description of the BOC Loan Contracts does not purport to be complete and is qualified in its entirety by reference to the full text of the BOC Loan Contracts, which are filed as Exhibits 10.1, 10.2, 10.3 and 10.4 to this Current Report on Form 8-K and are incorporated herein by reference.