Bloomia Holdings Modifies Bridge Loan, Pays $4.9M Toward $7.33M Discount; Issues $1M Note
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Bloomia Holdings has amended its Bridge Loan Agreement, allowing for a discounted payoff structure. The company paid $4.9 million towards a $7.33 million prepayment, with any unpaid balance accruing 12% interest until May 27, 2026. The bridge loan balance was $15.10 million as of April 15, 2026. Additionally, Bloomia issued a $1 million unsecured promissory note at 11.5% interest to fund this prepayment, maturing on March 31, 2029.
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