ABUNDIA GLOBAL IMPACT GROUP, INC. 8K

Abundia Global Impact Group, Inc. issued a secured promissory note for up to $10 million to Bower Family Holdings, LLC, including an immediate $6.5 million tranche, maturing August 15, 2028 at 10% interest and secured by company assets.

Abundia Global Impact Group, Inc. entered into a secured promissory note with Bower Family Holdings, LLC under which BFH will fund up to $10 million to the company in multiple tranches, including an initial $6.5 million tranche available upon execution, bearing interest at 10% per annum (with a 3% default premium), maturing on August 15, 2028, and secured by company assets pursuant to a related securities purchase agreement and security agreement; the note contains customary representations, covenants, events of default, acceleration and prepayment premium provisions, and permits BFH to assign the note to its affiliates.

Filing Facts

CIK

1156041

Ticker

-

Form

8K

Source Type

sec

Accession

0001493152-26-038645

Alert Tier

7