NOBLE ROMANS INC (NROM) Form 8-K — Jun 12, 2026
$NROMForm 8-KItems 1.01, 1.02, 2.03Filed Jun 12, 2026, 12:52 PM ET0001654954-26-005926Original filing
Noble Roman's, Inc. entered into a new credit agreement with Lake Forest Bank & Trust Company, securing a $6.9 million senior secured term loan. The proceeds were used to refinance approximately $5.4 million in existing debt from Corbel Capital Partners and $580,000 in subordinated debt. Crucially, the company used $500,000 of the proceeds to redeem all outstanding warrants to purchase 5.5 million shares of common stock, eliminating a significant source of potential equity dilution.
Key figures
- Debt Amount
- 6900000
- Interest Rate
- 7.60%
- Maturity Date
- 5 years
- Advisory fees
- 196000
- Prepayment fee
- 1.00%
- Old debt repaid corbel
- 5400000
- Warrant redemption cost
- 500000
- Subordinated debt repaid
- 580000
- Warrants redeemed shares
- 5500000
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