
Loan & DebtSep 24, 2026, 03:06 PM
Stewards, Inc. Terminates $1.5M Loan Agreement; No Funds Advanced
AI Summary
Stewards, Inc. announced the termination of a $1,500,000 promissory note and its associated security agreement with Accretiv Investment Holdings Inc. The termination agreement, effective September 21, 2026, confirms that no funds were advanced by the lender, and consequently, no principal, interest, or fees are owed by Stewards, Inc. Both parties have mutually released claims related to the financing, excluding those arising from breaches of the termination agreement or fraud.
Key Highlights
- Stewards, Inc. and Accretiv Investment Holdings Inc. terminated a $1,500,000 promissory note and related security agreement.
- The lender did not advance any portion of the $1,500,000 principal amount.
- No principal, interest, or fees are owed by Stewards, Inc. to the lender.
- Both parties released each other from claims related to the financing, with exceptions for breach of the termination agreement or fraud.
Price Impact
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