05:28 PM EDT, 06/17/2025 (MT Newswires) -- Lazydays Holdings ( GORV ) said late Tuesday it amended its credit facility with its lender syndicate led by M&T Bank (MTB) and Coliseum Capital Management-affiliated mortgage lender to boost liquidity position and bolster balance sheet.

Lazydays ( GORV ) will retain almost $14 million of proceeds from its divestitures of non-core dealerships and associated real estate, according to a statement.

The company said it will also repay nearly $15 million in non-floorplan debt, reducing the outstanding to $44 million while significantly reducing interest expense, according to a statement.

Shares were up 65% during after-hours trading activity.