--- title: "Sadot Group Settles Rocket Claim for $500,000 in Stock, Resolves CFO Note With Shares and New Note" type: "News" locale: "en" url: "https://longbridge.com/en/news/293754408.md" description: "Sadot Group resolved two debt obligations to streamline its balance sheet. It settled a $500,000 claim with Rocket Capital NY by issuing 26,581 shares, dismissing related litigation. Additionally, it paid former CFO Jennifer Black $466,617.73 via 26,199 shares and issued a $409,082 unsecured promissory note for severance. Both counterparties agreed to sell no more than 15% of daily Nasdaq volume." datetime: "2026-07-24T12:03:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293754408.md) - [en](https://longbridge.com/en/news/293754408.md) - [zh-HK](https://longbridge.com/zh-HK/news/293754408.md) generator: "portal-rs" --- # Sadot Group Settles Rocket Claim for $500,000 in Stock, Resolves CFO Note With Shares and New Note Sadot Group announced two debt resolution agreements to streamline its balance sheet. The company settled a disputed claim with Rocket Capital NY by issuing 26,581 shares against an agreed $500,000 amount, with the related New York lawsuit to be dismissed and mutual releases in place. Separately, Sadot resolved a matured note and default interest owed to former CFO Jennifer Black by issuing 26,199 shares to settle $466,617.73 and providing a $409,082.17 unsecured promissory note for unpaid severance at 10% interest, due in one year. Both Rocket and Black agreed to sell no more than 15% of daily Nasdaq trading volume in any single day. **Agreement 1: Sadot Group Settles Rocket Claim for $500,000 in Stock; Lawsuit to Be Dismissed** - **Agreement type**: Debt Settlement and Share Issuance Agreement - **Counterparty**: Rocket Capital NY - **Signed / Effective**: Jul 22 2026 / Jul 22 2026 - **Duration / Termination**: At will - **Reason**: Resolve disputed obligation and end litigation **Agreement 2: Sadot Group Resolves $466,618 Note Default to Former CFO With Shares; Issues $409,082 Note** - **Agreement type**: Debt Settlement and Share Issuance Agreement; Unsecured one-year promissory note - **Counterparty**: Jennifer Black - **Signed / Effective**: Jul 23 2026 / Jul 23 2026 - **Duration / Termination**: At will (settlement); Severance Note: 1 year - **Reason**: Settle matured note and severance liabilities Original SEC Filing: Sadot Group Inc. \[ SDOT \] - 8-K - Jul. 24, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [SDOT.US](https://longbridge.com/en/quote/SDOT.US.md) ## Related News & Research - [Zillow director Claire Cormier Thielke sells 1,187 common shares for $42,390.77](https://longbridge.com/en/news/298077155.md) - [Morgan Stanley lifts Teleperformance stake above 5% threshold to 5.09%](https://longbridge.com/en/news/298054921.md) - [Hycroft Mining files Form 3 initial beneficial ownership statement for director Blake Rhodes](https://longbridge.com/en/news/297963651.md) - [Helen of Troy director Marlo Michelle Cormier Platz files initial beneficial ownership statement](https://longbridge.com/en/news/297833532.md) - [Redcloud files Form 3 initial beneficial ownership statement for CFO David Sturgeon](https://longbridge.com/en/news/297696881.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**