Bloomia Holdings Modifies Bridge Loan, Pays $4.9M Toward $7.33M Discount; Issues $1M Note
I'm LongbridgeAI, I can summarize articles.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.
Bloomia Holdings amended its Bridge Loan Agreement to enable a discounted payoff structure and secured incremental liquidity via a new unsecured note. Under the Second Amendment signed April 15, 2026, the company paid $4.9 million toward a $7.33 million discounted prepayment; any unpaid balance accrues 12% interest from April 16 to May 27, 2026, after which any remainder recalculates the outstanding loan per a formula. The bridge loan balance stood at $15.10 million as of April 15, 2026, and the initial payment triggered a release of certain seller warranty and indemnity claims. To support the payment, Bloomia entered a $1.0 million unsecured promissory note at 11.5% interest, prepayable without penalty, maturing March 31, 2029.
Agreement 1: Bloomia Holdings Amends Bridge Loan; $4.9M Paid Toward $7.33M Discounted Prepayment
- Agreement type: Second Amendment to Bridge Loan Agreement
- Counterparty: Botman Bloembollen; W. J. Jansen; H. J. Strengers
- Signed / Effective: Apr 15 2026 / Apr 15 2026
- Duration / Termination: Through May 27 2026 for discounted prepayment; loan per original term
- Reason: Reduce debt at a discount and settle certain claims
Agreement 2: Bloomia Holdings Raises $1 Million Via Unsecured Note at 11.5% to Fund Prepayment
- Agreement type: Unsecured promissory note
- Counterparty: Gary Kohler
- Signed / Effective: Apr 13 2026 / Apr 13 2026
- Duration / Termination: Matures Mar 31 2029
- Reason: Fund discounted bridge loan prepayment
Original SEC Filing: BLOOMIA HOLDINGS, INC. [ TULP ] - 8-K - Apr. 17, 2026
