NOMAD POWER SOLUTIONS, INC. (LIXT) Form 8-K — Sep 30, 2026
$LIXTForm 8-KItems 1.01, 3.02, 9.01Filed Sep 30, 2026, 4:06 PM ET0001493152-26-045104Original filing
On September 28, 2026, Nomad Power Solutions, Inc. (LIXT) entered into a Note Purchase Agreement to issue a $6.57 million OID secured promissory note for gross proceeds of $6.0 million, with a 540,000 original issue discount, 9% interest, a 12-month maturity, and $30,000 in fees and expenses.
Key figures
- Debt Amount
- 6570000
- Interest Rate
- 9
- Maturity Date
- 12 months from the Purchase Price Date
- Gross Proceeds
- 6000000
- Fees expenses
- 30000
- Default interest
- 22% per annum
- Redemption start
- 6-month anniversary of Purchase Price Date
- Mandatory prepayment
- 25% of any future financing proceeds
- Monitoring fee example
- Outstanding Balance / 0.85 less Outstanding Balance (e.g., $176,471 on $1,000,000)
- Monthly redemption cap
- 800000
- Original issue discount
- 540000
AI analysis
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