Douglas Dynamics, Inc. amended its credit facility to provide greater financial flexibility by increasing the leverage ratio covenant from 3.5X to 4.25X at December 31, 2023 and 4.0X at March 31, 2024 and June 30, 2024, returning back to 3.5X at September 30, 2024. The Company?s preliminary leverage ratio at December 31, 2023 was slightly below 3.5X.