Bespoke Extracts, Inc. (BSPK) Form 8-K — Jul 6, 2026
Bespoke Extracts, Inc. entered into a First Amendment to extend the maturity of its $410,000 Senior Secured Promissory Notes from June 30, 2026 to August 14, 2026. As part of the agreement, the interest rate for the extension period increased from 15% to 17% per annum, and the company agreed to issue unregistered shares equal to 10% of the outstanding principal as an extension fee. The company expects to issue 287,719 shares of common stock to the noteholders within 30 days, valued at approximately $41,000 based on a 10-day VWAP of $0.1425.
Key figures
- Debt Amount
- $410,000
- Interest Rate
- 17%
- Maturity Date
- August 14, 2026
- Shares Offered
- 287719
- Vwap
- $0.1425
- Extension Fee Percent
- 10%
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