SRX Global Inc. 8K

SRX Global Inc. obtained a limited waiver and consent from a Required Holder to permit a one-time cash dividend and a $20 million stock repurchase plan that would otherwise be restricted by its existing financing documents.

SRX Global Inc. entered into a Limited Waiver and Consent Agreement with a Required Holder of its Series B Preferred Stock pursuant to its March 16, 2026 Securities Purchase Agreement and related Certificate of Designations, under which the holder agrees to a one-time, limited waiver and consent that allows the company to declare and pay on August 3, 2026 a one-time cash dividend of $0.05 per share on common stock to holders of record as of July 22, 2026 and to implement a stock repurchase plan authorizing the repurchase of up to the lesser of 10,000,000 shares of common stock or 50% of the then-issued and outstanding common shares, for an aggregate purchase price not to exceed $20 million through July 7, 2027, without such actions constituting a breach or default under the transaction documents, while leaving all other terms of the existing agreements in effect and requiring public disclosure of the agreement on Form 8-K.

Filing Facts

CIK

1471727

Ticker

-

Form

8K

Source Type

sec

Accession

0001493152-26-034081

Alert Tier

7