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Universal Electronics (NASDAQ: UEIC) sets 130M RMB borrowing capacity through July 2027

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Universal Electronics Inc. disclosed that its subsidiary, Gemstar Technology (Yangzhou) Co. Ltd. (GTY), entered into a Line of Credit Agreement and a Working Capital Loan Contract with Bank of China Limited, Baoying Sub-Branch, on July 15, 2026, as a continuation of a line of credit granted in August 2024.

Under these agreements, together with prior Maximum Mortgage Contracts from August 29, 2024 and September 1, 2025, GTY’s borrowing capacity remains at 130,000,000 RMB for general business purposes until July 9, 2027.

Positive

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Negative

  • None.
Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Borrowing capacity 130,000,000 RMB GTY’s borrowing capacity under the BOC Loan Contracts for general business purposes
Borrowing availability end date July 9, 2027 Date until which the 130,000,000 RMB borrowing capacity remains available
Agreement date July 15, 2026 Date GTY entered into the Line of Credit Agreement and Working Capital Loan Contract
Material Definitive Agreement regulatory
"Item 1.01 Entry into a Material Definitive Agreement"
A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.
Line of Credit Agreement financial
"entered into a Line of Credit Agreement (the "LOC")"
Maximum Mortgage Contract financial
"that certain Maximum Mortgage Contract signed August 29, 2024"
Working Capital Loan Contract financial
"a Working Capital Loan Contract (the "WC Contract")"

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FAQ

What new financing arrangement did Universal Electronics (UEIC) report for its subsidiary?
Universal Electronics reported that its subsidiary GTY entered into a Line of Credit Agreement and a Working Capital Loan Contract with Bank of China Limited’s Baoying Sub-Branch. These contracts continue an existing line of credit originally granted in August 2024 for GTY’s operations.

How much borrowing capacity does UEIC’s subsidiary GTY have under the BOC Loan Contracts?
GTY’s borrowing capacity under the BOC Loan Contracts remains 130,000,000 RMB. This capacity is available for general business purposes and is supported by both the July 15, 2026 agreements and earlier Maximum Mortgage Contracts from 2024 and 2025.

Until when is the 130,000,000 RMB borrowing capacity available to UEIC’s subsidiary?
The 130,000,000 RMB borrowing capacity remains available to GTY until July 9, 2027. This end date applies subject to the terms and conditions of the combined BOC Loan Contracts governing the line of credit and working capital loan.

Which bank is providing the line of credit to Universal Electronics’ subsidiary GTY?
The financing is provided by Bank of China Limited, Baoying Sub-Branch. GTY entered into both a Line of Credit Agreement and a Working Capital Loan Contract with this branch, continuing a relationship that began with a line of credit granted in August 2024.

What prior security arrangements support the BOC Loan Contracts for UEIC’s subsidiary?
The BOC Loan Contracts are supported by two Maximum Mortgage Contracts signed on August 29, 2024 and September 1, 2025. These earlier mortgage agreements, together with the 2026 contracts, form the overall security and documentation framework for GTY’s borrowing capacity.
0000101984false00001019842026-07-152026-07-15

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 _______________________________________  
FORM 8-K
  _______________________________________  
 
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 15, 2026
  _______________________________________ 
UNIVERSAL ELECTRONICS INC.
(Exact name of Registrant as specified in its charter)
 _______________________________________
 
Delaware 0-21044 33-0204817
(State or other jurisdiction (Commission File No.) (I.R.S. Employer
of incorporation)  Identification No.)
15147 N. Scottsdale Road, Suite H300, Scottsdale, Arizona 85254-2494
(Address of principal executive offices and zip code)
(480) 530-3000
(Registrant's telephone number, including area code)


________________________________________________________________________________________________
(Former name or former address, if changed since last report)
_______________________________________ 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.01 per shareUEICThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐




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.
Item 9.01 Financial Statements and Exhibits
 
(d)Exhibits. The following exhibits are furnished with this report.

Exhibit No.Description
10.1
English Translation of Line of Credit Agreement signed July 15, 2026 (filed herewith)
10.2
Maximum Mortgage Contract signed August 29, 2024 (incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed on September 3, 2024)
10.3
Maximum Mortgage Contract signed September 1, 2025 (incorporated by reference to Exhibit 10.5 to the Company’s Quarterly Report on Form 10-Q filed on November 6, 2025)


10.4
English Translation of Working Capital Loan Contract signed July 15, 2026 (filed herewith)
104
Cover Page to this Current Report on Form 8-K, formatted in Inline XBRL



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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
  Universal Electronics Inc.
Date: July 20, 2026  By: /s/ Wade M. Jenke
   Wade M. Jenke
   Chief Financial Officer


2

Source: View Original Filing on SEC EDGAR

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