ReposiTrak unit PC Group funds USD 4 million senior unsecured note with SPAR Marketing Force

Reuters
Mar 21
<a href="https://laohu8.com/S/TRAK">ReposiTrak</a> unit PC Group funds USD 4 million senior unsecured note with SPAR Marketing Force
  • ReposiTrak subsidiary PC Group executed and funded a senior unsecured promissory note with SPAR Marketing Force for a loan facility of up to USD 4 million.
  • The note provides for a USD 3 million initial advance and a USD 1 million tranche available to be drawn beginning July 17, 2026.
  • Interest is set at 8% per year and is payable monthly on an interest-only basis.
  • The note matures on March 16, 2029 and can be prepaid at any time without penalty.
  • SPAR Group provided a guaranty and agreed to issue 1 million common shares to PC Group at a deemed value of USD 0.8 per share.


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