WILHELMINA INTERNATIONAL, INC. (NASDAQ:WHLM) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement
On May 5, 2017, Wilhelmina International, Inc. (the Company)
executed a Seventh Amendment to Credit Agreement (the Seventh
Amendment) with ZB, N.A. dba Amegy Bank dated to be effective May
4, 2017. The Seventh Amendment temporarily reduces the Companys
fixed charge coverage ratio through December 31, 2017.
The foregoing description of the Seventh Amendment is qualified
in its entirety by reference to the definitive agreement filed as
an exhibit to this Current Report on Form 8-K and incorporated
herein by this reference.
Item 9.01 Financial Statements and Exhibits
(c)Exhibits.
| 10.1 |
Seventh Amendment to Credit Agreement dated May 4, 2017, by and among Wilhelmina International, Inc., ZB, N.A. dba Amegy Bank and the guarantors signatory thereto. |
About WILHELMINA INTERNATIONAL, INC. (NASDAQ:WHLM)
Wilhelmina International, Inc. is engaged in fashion model management. The Company provides fashion model and talent management services, specializing in the representation and management of models, entertainers, artists, athletes and other talent to various customers and clients, including retailers, designers, advertising agencies and catalog companies. The Company conducts its business through operating divisions and subsidiaries engaged in fashion model management and other complementary businesses. These business activities are focused on fashion model management, hair and make-up artist representation, celebrity management, licensing and branding associations (including contests, consumer products, events and television). It is focused on providing fashion modeling and talent product-endorsement services to clients, such as advertising agencies, branded consumer goods companies, fashion designers, magazines, retailers, department stores, product catalogs and Internet sites. WILHELMINA INTERNATIONAL, INC. (NASDAQ:WHLM) Recent Trading Information
WILHELMINA INTERNATIONAL, INC. (NASDAQ:WHLM) closed its last trading session 00.00 at 6.50 with 102 shares trading hands.