Starco Brands, Inc. (STCB) Form 8-K — Oct 13, 2026
Starco Brands entered into an Omnibus First Amendment to its Loan Agreement with Pasadena Private Lending, effective September 29, 2026 and executed October 7, 2026. The amendment cuts the Applicable Margin on the Term Loan Note and Line of Credit Note from 5.5% to 4.25% per annum through maturity, on a facility that includes an $11 million term loan and a $3 million line of credit.
Key figures
- Debt Amount
- $11,000,000 term loan plus up to $3,000,000 line of credit
- Interest Rate
- 4.25% per annum Applicable Margin (reduced from 5.5%)
- Prior margin
- 5.5%
- Accordion capacity
- $4,000,000
- Loan agreement date
- 2026-07-15
- Amendment effective date
- 2026-09-29
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