EDUCATIONAL DEVELOPMENT CORPORATION (NASDAQ:EDUC) Files An 8-K Termination of a Material Definitive Agreement

EDUCATIONAL DEVELOPMENT CORPORATION (NASDAQ:EDUC) Files An 8-K Termination of a Material Definitive Agreement
Item 1.02. Termination of a Material Definitive Agreement.

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Item 9.01. Financial Statements and Exhibits.

(d) EXHIBITS

10.01 Eleventh Amendment Loan Agreement
99.1 Press release dated as of dated August 27, 2020

EDUCATIONAL DEVELOPMENT CORP Exhibit
EX-10.01 2 exh_1001.htm EXHIBIT 10.01 EdgarFiling EXHIBIT 10.01   ELEVENTH AMENDMENT LOAN AGREEMENT   THIS ELEVENTH AMENDMENT TO LOAN AGREEMENT (this "Amendment") is made and entered into as of August 26,…
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About EDUCATIONAL DEVELOPMENT CORPORATION (NASDAQ:EDUC)

Educational Development Corporation (EDC) is a publisher of the line of educational children’s books produced in the United Kingdom by Usborne Publishing Limited (Usborne). The Company also owns Kane Miller Book Publishers. The Company sells books through two segments: Home Business Division (Usborne Books & More or UBAM) and Publishing Division (EDC Publishing). The UBAM Division distributes books nationwide through independent consultants, who hold book showings in individual homes, through social media, book fairs, direct sales and Internet sales. The Publishing Division markets books to bookstores (including national chains), toy stores, specialty stores, museums and other retail outlets throughout the country. The Company offers over 2,000 different titles, which include touchy-feely board books, activity and flashcards, adventure and search books, art books, sticker books and foreign language books.

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