Educational Development Corporation announced Effective August 9, 2023, executed the Third Amendment to the Existing Credit Agreement (?Amendment?) with BOKF, NA (the ?Lender?). The Revolving Loan Maturity date extends to January 31, 2024. This amendment steps down the revolving commitment from $13,500,00,0 at the time of the amendment, to $4,000,000 at January 31, 2024.

The amendment also requires the Company to list its real estate property located at 10302 East 55th Place, Tulsa, Oklahoma 74146 for sale; among other lesser items.