Stewards, Inc. (SWRD) Form 424B3 — Sep 14, 2026
Stewards, Inc. (formerly Favo Capital) filed Prospectus Supplement No. 5 covering the resale of up to 20,621,250 common shares held by selling stockholders from private placements that closed December 12, 2024 and July 30, 2025. Because the stock now trades on Nasdaq, the prior $3.00 fixed-price resale cap no longer applies and holders may sell at prevailing market prices.
Key figures
- Gross Proceeds
- 0
- Offering Price
- $3.00 fixed price applied while on OTCID; no longer applies after Nasdaq listing (market pricing now)
- Shares Offered
- 20621250
- Cusip
- 312084106
- Par value
- 0.0001
- Nasdaq ticker
- SWRD
- Bridge note principal
- 1500000
- Credit facility limit
- 100000000
- Facility interest rate
- 8.00% fixed
- Facility maturity date
- 2030-08-31
- Otcid quotation ceased
- 2026-09-09
- Bridge note fixed return
- 75000
- Nasdaq listing commenced
- 2026-09-10
- Private placement shares
- 9750000
- Bridge note principal due
- 2026-09-21 (firm outside date, no extension)
- Facility warrant coverage
- 1 warrant per $0.76 funded (pre-extension); 1 per $3.00 funded (extension period)
- Bridge note default interest
- 18% per annum
- Bridge note fixed return due
- 2026-11-30
- Bridge note fixed return pct
- 5% of principal
- Series a ownership cap change
- 9.99% maximum replaced with 100%
- Bridge note liquidated damages
- 200000
- Series a preferred outstanding
- 71250000
- Facility warrant exercise price
- 0.76
- Facility closing date extended to
- 2026-11-15
- Registration delay payment shares
- 487500
- Senior convertible notes capacity
- 5000000
- Warrant and prefunded warrant shares
- 10383750
AI analysis
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