---
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)
---

# 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.

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