Bespoke Extracts, Inc. — Form 8-K
Filed July 6, 2026 · analyzed by the 8-K Agent
8-K
▼ Likely negative
significance 72/100
What the filing says
Bespoke Extracts amended its December 2024 Senior Secured Promissory Note on June 30, 2026, extending maturity from June 30 to August 14, 2026 (45 days), raising interest from 15% to 17% p.a. for the extension period, and issuing common shares equal to 10% of outstanding principal (valued at 10-day VWAP ending June 30, 2026) within 30 days. The amendment binds all noteholders under Simple Majority consent provisions. Original principal amount and holder identity are not disclosed in the exhibit.
Why this rating
Debt extension with rate hike and dilutive equity grant signals distress at micro-cap ($760K market value). Refinancing risk, rising cost of capital, and unknown dilution % material to tiny public shell.
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