ReposiTrak issues $2.57 million unsecured note to Bartels at 6% interest, due 2030
I'm LongbridgeAI, I can summarize articles.ReposiTrak issued a $2.57 million unsecured promissory note to William Bartels at 6% interest, maturing July 1, 2030. The note helps fund the acquisition of 4,709,837 SPAR Group shares. Principal repayment involves three annual cash installments of $725,000, with the balance due at maturity. The company may prepay without penalty, and the note includes acceleration clauses for default or change-of-control events.
- Repositrak signed stock purchase agreements to acquire 4,709,837 SPAR Group common shares, partly funded through a promissory note. * Issued an unsecured promissory note to William Bartels for USD 2.57 million; interest rate 6%. * Note matures July 1, 2030; principal paid in USD 725,000 annual cash installments for three years, then balance at maturity. * Company can prepay without penalty; note includes acceleration on default, certain change-of-control events, or sale of substantially all assets. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Repositrak Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-023059), on July 08, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here