DIRTT Environmental Solutions Ltd. Files 8-K

TL;DR

DIRTT filed an 8-K on Dec 11, 2025, indicating a new financial obligation.

AI Summary

On December 11, 2025, DIRTT Environmental Solutions Ltd. entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement. The company is based in Calgary, Alberta, Canada.

Why It Matters

This 8-K filing signals a significant financial event or obligation for DIRTT Environmental Solutions Ltd., potentially impacting its financial standing and future operations.

Risk Assessment

Risk Level: medium — The filing of an 8-K concerning material definitive agreements and financial obligations suggests potential financial shifts or commitments that warrant closer examination.

Key Players & Entities

• DIRTT ENVIRONMENTAL SOLUTIONS LTD. (company) — Registrant
• December 11, 2025 (date) — Date of earliest event reported
• Calgary, Alberta T2C 1N6 (location) — Principal Executive Offices

FAQ

Key Financial Figures

• $15.0 million — committed to lending the Company up to C$15.0 million (the "Loan") subject to the satisfactio
• $1.6 million — 2026 (the "Debentures"). The remaining C$1.6 million principal amount of Debentures is expec
• $10.0 million — initial disbursement to the Company of C$10.0 million and a secondary disbursement of C$5.0 m
• $5.0 million — illion and a secondary disbursement of C$5.0 million. The draw period for the Loan will laps

Filing Documents

• drttf-20251211.htm (8-K) — 58KB
• drttf-ex99_1.htm (EX-99.1) — 15KB
• 0001193125-25-316173.txt ( ) — 183KB
• drttf-20251211.xsd (EX-101.SCH) — 30KB
• drttf-20251211_htm.xml (XML) — 4KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On December 11, 2025, DIRTT Environmental Solutions Ltd. (the "Company") entered into a letter of offer (the "Letter") with Business Development Bank of Canada ("BDC") pursuant to which BDC committed to lending the Company up to C$15.0 million (the "Loan") subject to the satisfaction of certain conditions. The proceeds of the Loan are expected to be used to partially refinance the Company's outstanding 6.00% convertible debentures due January 31, 2026 (the "Debentures"). The remaining C$1.6 million principal amount of Debentures is expected to be repaid using cash on hand. Following satisfaction of the conditions precedent set forth in the Letter, BDC will make an initial disbursement to the Company of C$10.0 million and a secondary disbursement of C$5.0 million. The draw period for the Loan will lapse on December 4, 2026. The Company is required to commence monthly principal payments on May 31, 2026, with additional monthly interest-only payments due on the last day of each month following the first disbursement to the Company pursuant to the Loan. The Loan will accrue interest at a rate equal to BDC's Floating Base Rate (currently 6.55% per annum) minus 0.75%. The Loan matures on April 30, 2032. The Company may, once in any 12-month period, prepay up to 15% of the outstanding principal on the Loan without indemnity. In addition to the annual prepayment privilege, the Company may prepay at any time all or part of the principal on the Loan provided it pays the interest owing up to the time of the prepayment together with an indemnity as further set forth in the Letter. The obligations of the Company under the Letter are secured by: (a) a general security agreement from the Company granting (i) a first-ranking security interest in specific equipment and (ii) a security interest in all other present and after-acquired personal property (excluding consumer goods), subject to certain registered charges; (b)

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. The Company issued a press release announcing the financing on December 11, 2025. A copy of that press release is furnished as Exhibit 99.1 to this Current Report and incorporated into this Item 7.01 by reference. The information set forth under Item 7.01 and in Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Description 99.1* Press release December 11, 2025. 104 Cover Page Interactive Data (embedded within the Inline XBRL document). * Furnished herewith. 1

SIGNATURES

SIGNATURES 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. DIRTT Environmental Solutions Ltd. Date: December 11, 2025 By: /s/ Fareeha Khan Fareeha Khan Chief Financial Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR