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Lazydays Holdings Amends Credit Agreement Amid Liquidation

Story Highlights
  • Lazydays Holdings amended its waiver to address potential defaults under its Credit Agreement.
  • The company plans to use retained proceeds for operations until asset sales completion, then liquidate.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lazydays Holdings Amends Credit Agreement Amid Liquidation

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Lazydays Holdings ( (GORV) ) has shared an announcement.

On October 29, 2025, Lazydays Holdings, Inc. entered into a First Amendment to its Amended and Restated Limited Waiver and Consent related to its Credit Agreement. This amendment addresses temporary waivers for potential defaults under the Credit Agreement, including missed payments and cross-defaults. The amendment also allows the company to retain some proceeds from asset sales for working capital, with a maximum retention of $4.5 million, to support operations until the completion of all asset sales. Following these sales, Lazydays Holdings expects to have no remaining business operations, with remaining assets and liabilities subject to a liquidation plan approved by stockholders on October 14, 2025.

The most recent analyst rating on (GORV) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on Lazydays Holdings stock, see the GORV Stock Forecast page.

Spark’s Take on GORV Stock

According to Spark, TipRanks’ AI Analyst, GORV is a Underperform.

GORV’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenue, negative profit margins, and high leverage. Technical analysis also indicates bearish trends, with the stock trading below key moving averages. The negative P/E ratio further underscores the company’s financial struggles, resulting in a low overall score.

To see Spark’s full report on GORV stock, click here.

More about Lazydays Holdings

Lazydays Holdings, Inc. operates in the recreational vehicle (RV) industry, providing a range of services including sales, financing, and maintenance of RVs. The company focuses on delivering comprehensive RV solutions to its customers.

Average Trading Volume: 1,006,988

Technical Sentiment Signal: Sell

Current Market Cap: $7.84M

See more data about GORV stock on TipRanks’ Stock Analysis page.

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