Debt Financings

KKR FS Income Trust amended credit facility of $400 million with Capital One, National Association at 2.13% per annum to 1.85% per annum.

“The Second Amendment provides for, among other things, (i) an increase in the maximum committed facility amount from $250 million to $400 million and (ii) a reduction of the margin for advances over the applicable benchmark (which, for advances denominated in U.S. dollars, is three-month term SOFR) from 2.13% per annum to 1.85% per annum.”

SL Investment Fund II LLC amended credit facility of $600,000,000 with UBS AG London Branch at 1.90% per annum maturing October 28, 2030.

“Amendment No. 2 amended certain terms of the UBS Facility to provide for, among other things, (i) an increase to the facility amount from $300,000,000 to $600,000,000, (ii) an extension of the facility maturity date from October 10, 2029 to October 28, 2030, (iii) an extension of the reinvestment period end date from October 10, 2027 to October 28, 2028, and (iv) a reduction in the facility margin rate from 2.15% per annum to 1.90% per annum.”

Karman Holdings Inc. incurred term loan of $130,000,000 with Citibank, N.A..

“The Credit Agreement Amendment provides for an incremental term loan in the aggregate original principal amount of $130,000,000 (the “Incremental Term Loan”).”

STRATTEC SECURITY CORP incurred revolving credit of $40.0 million with BMO Bank N.A. at Term SOFR plus 150.0 basis points maturing October 27, 2028.

“The Credit Facility provides for a $40.0 million secured revolving credit facility with a $5.0 million sublimit for the issuance of commercial and standby letters of credit”

OCEANFIRST FINANCIAL CORP incurred senior notes of $185,000,000 aggregate principal amount with Wilmington Trust, National Association at 6.375% Fixed-to-Floating Rate maturing November 15, 2035.

““Underwriting Agreement”) with Piper Sandler & Co. and Keefe, Bruyette & Woods, Inc. (the “Underwriters”). Pursuant to the Underwriting Agreement, the Company issued and sold $185,000,000 aggregate principal amount of 6.375% Fixed-to-Floating Rate Subordinated Notes due 2035 (the “Notes”) at a public offering price equal to 100% of the aggregate principal amount of”

AUTOLIV INC incurred senior notes of EUR 300,000,000 at 3.000% per annum maturing October 29, 2030.

“On October 29, 2025, Autoliv, Inc. (the “ Issuer ”) issued EUR 300,000,000 of notes due October 29, 2030 (the “ Notes ”). The Notes have a coupon rate of 3.000% per annum”

GRAN TIERRA ENERGY INC. amended credit facility of borrowing base reduced to $60 million with lenders including Trafigura PTE Ltd..

“In connection with the execution of the Oriente Crude Oil Agreements, on October 23, 2025 the Company, as guarantor, the Seller, as borrower, certain indirect subsidiaries of the Company, as additional guarantors, the lenders party thereto, including the Buyer, and GLAS USA LLC, as administrative agent, entered into an amendment and consent (the “Amendment”) to the existing Credit Agreement (as thereby amended, the “Amended Credit Agreement”). The Amendment, among other things, consents to and permits Seller and the Company to execute and perform the Oriente Crude Oil Agreements, reduces the borrowing base under the Amended Credit Agreement from its then current amount to $60 million, requires the Seller to prepay outstanding loans to reduce the aggregate outstanding principal amount to no more than $20 million upon the earlier of the first disbursement under the Prepayment Addendum or January 23, 2026, and makes certain adjustments to financial covenants to account for the Oriente Cru”

GRAN TIERRA ENERGY INC. incurred debt of initial advance in an aggregate amount not to exceed $150 million; additional advance of up to $50 million with Trafigura PTE Ltd. maturing four years after the date of the Prepayment Addendum.

“he Company, as guarantor, and Trafigura PTE Ltd. (the “Buyer”), entered into a crude oil sale and purchase agreement (the”

Rent the Runway, Inc. incurred credit facility of $120 million with CHS (US) Management LLC at either (i) a bank reference rate, plus 4.00% or (ii) term SOFR plus 5.00%, in ea maturing October 28, 2029.

“amended and restated. The Investor Group also provided an additional $20 million of term loans under the New Credit Agreement, resulting in a total aggregate principal amount of $120 million as of the closing of the Recapitalization Transactions. The New Credit Agreement requires the Company to comply with specified non-financial covenants, including, but not limited”

New Mountain Finance Corp amended revolving credit with NMF Investments III, L.L.C. maturing December 2030.

“On October 27, 2025, New Mountain Finance Corporation (the “ Company ”) entered into the Third Amended and Restated Uncommitted Revolving Loan Agreement (the “ Amendment ”), which amended and restated that certain Uncommitted Revolving Loan Agreement (the “ Loan Agreement ”) by and between NMF Investments III, L.L.C., an affiliate of the Company’s investment adviser, New Mountain Finance Advisers, L.L.C, as the lender (the “ Lender ”), and the Company, as borrower. Under the Loan Agreement, the Lender previously established a discretionary unsecured revolving credit facility for the Company (the “ Facility ”), pursuant to which the Lender agrees to consider advancing, from time to time during the facility period, revolving loans to the Company. The Amendment among other things extends the maturity date of the Facility from December 2027 to December 2030.”

Constellation Acquisition Corp I incurred loan of $5,000 with Constellation Sponsor LP at does not bear interest maturing upon closing of the Company's initial business combination.

“On October 28, 2025, Constellation Acquisition Corp I (the “Company”) drew an aggregate of $5,000 (the “Extension Funds”), as approved by unanimous resolution of the extension committee of the Company’s board of directors, dated October 24, 2025, pursuant to the unsecured promissory note, dated January 30, 2024 between the Company and Constellation Sponsor LP (the “Note”)”

AGL Private Credit Income Fund amended credit facility of from $400.0 million to $500.0 million with Société Générale, as agent at from 2.05% to 1.90%.

“The Amendment provides for, among other things, an increase in the aggregate commitments of the lenders under the Loan Facility from $400.0 million to $500.0 million, a revision of the margin applicable to borrowings under the facility from 2.05% to 1.90% during the revolving period, and from 2.50% to 2.25% after the revolving period, and an extension of each of the revolving period and the facility maturity date by one year.”

Jefferson Capital, Inc. / DE amended credit facility of $1,000,000,000 with Citizens Bank, N.A. at reduced by fifty (50) basis points maturing October 27, 2030.

“The Amendment effected certain amendments to the terms of the credit facility under the Existing Credit Agreement, including, among other things, to (i) increase the Aggregate Commitments (as defined in the Amended Credit Agreement) by $175,000,000 to an aggregate amount of $1,000,000,000, (ii) reduce the interest rate margins applicable to loans outstanding under the credit facility by fifty (50) basis points”

F&M BANK CORP incurred senior notes of $10.0 million in aggregate principal amount with unknown at 7.55% fixed to floating rate maturing November 1, 2035.

“On October 24, 2025, F & M Bank Corp. (the “Company”) entered into a Subordinated Note Purchase Agreement (the “Purchase Agreement”) pursuant to which the Company issued and sold $10.0 million in aggregate principal amount of 7.55% fixed to floating rate subordinated notes due November 1, 2035 (the “Notes”).”

MGM Resorts International incurred term loan of JPY45.2 billion with Sumitomo Mitsui Banking Corporation at Tokyo Interbank Offered Rate plus 1.75% maturing October, 2030.

“On October 23, 2025, MGM Resorts International (the “Company”) entered into a secured credit agreement among the Company, the lenders from time to time party thereto and Sumitomo Mitsui Banking Corporation, as Administrative Agent (the “Credit Agreement”). The Credit Agreement is comprised of a term loan facility (the “Term Loan Facility”) in an aggregate principal amount of JPY45.2 billion with an option to increase the aggregate amount up to JPY67.8 billion. The Term Loan Facility bears interest at a fluctuating rate per annum based on the Tokyo Interbank Offered Rate plus 1.75% until the submission of the covenant certificate for the quarter ending March 31, 2026 and thereafter at 1.50% to 2.25%, as determined by a rent adjusted total net leverage ratio pricing grid. The Term Loan Facility will mature in October, 2030, provided that if, as of February 9, 2029, the revolving loans or commitments under the Company’s existing senior secured credit facility remain outstanding and have n”

BREAD FINANCIAL HOLDINGS, INC. faced acceleration on senior notes of all of its outstanding 9.750% senior notes due 2029 with U.S. Bank Trust Company, National Association at 9.750% maturing due 2029.

“On October 28, 2025, Bread Financial Holdings, Inc. (the “Company”) issued a conditional notice of redemption to redeem all of its outstanding 9.750% senior notes due 2029 (the “2029 Notes”).”

Green Plains Inc. incurred senior notes of $200 million in aggregate principal amount with Wilmington Trust, National Association at 5.25% per year maturing November 2030.

“of separate, privately negotiated subscription agreements pursuant to which it issued $30 million of 2030 Notes for $30 million in cash (the “subscription transactions”). $200 million in aggregate principal amount of the 2030 Notes is now outstanding, and $60 million in aggregate principal amount of the 2027 Notes remains outstanding with existing terms”

AQUABOUNTY TECHNOLOGIES INC incurred senior notes of $4,000,000 with certain investors at 18% per annum maturing 18 months from closing.

“On October 28, 2025, AquaBounty Technologies, Inc. (the “Company”) entered into Note Purchase Agreements, each substantially in the form attached as Exhibit 10.1 attached hereto (the “Agreements” or “Note Purchase Agreements”), with certain investors (the “Investors”), providing for the issuance and sale of Senior Notes at par in an aggregate principal amount of $4,000,000 (the “Senior Notes”) in a private placement transaction.”

Cenntro Inc. incurred convertible notes of $4,000,000 with About Investment Pte. Ltd. at 8% per annum maturing January 19, 2026.

“About Pte received a new secured convertible promissory note issued on October 23, 2025, in the principal amount of $4,000,000, with an interest rate of 8% per annum and a maturity date of January 19, 2026”

MSP Recovery, Inc. incurred convertible notes of $0.50 million with YA II PN, Ltd. (Yorkville).

“On October 28, 2025, Yorkville agreed to make an advance under the Second Supplemental Agreement pursuant to a Convertible Promissory Note issued by the Company to Yorkville for the principal amount of $0.50 million”

UL Solutions Inc. incurred revolving credit of $291 million with Bank of America, N.A., as administrative agent at Term SOFR or Daily SOFR plus a margin that ranges from 0.875% to 1.375% per annu maturing October 28, 2030.

“to such increase. The Borrowers’ obligations (other than the Company’s) under the Credit Agreement are guaranteed by the Company. On October 28, 2025, the Company borrowed $291 million under the 2025 Credit Facility. The initial borrowing was used to refinance the outstanding amounts under that certain Credit Agreement, dated as of January 11, 2022, by and”

ScanTech AI Systems Inc. reported a default on senior notes of $1,112,500 with Silverback Capital Corporation at 15% maturing January 22, 2026.

“On October 23, 2025, the Company received written notice (the “Silverback Notice”) from Silverback that asserted that the Company failed to make a quarterly interest rate payment as of October 22, 2025 and failed to notify Silverback five business days in advance that the Company would not make the quarterly interest rate payment. Silverback asserts that such violation constitutes an “Event of Default” under the Note and requires that the quarterly interest rate payment be capitalized into the principal amount of the Note. The Silverback Notice claims that, as of October 23, 2025, the outstanding principal amount of the Note is $1,112,500.”

FirstEnergy Transmission, LLC amended credit facility with JPMorgan Chase Bank, N.A. at remove the 10 basis point credit spread adjustment from the interest rate calcul maturing October 20, 2030.

“the Credit Agreement was amended to, among other things: (i) remove the 10 basis point credit spread adjustment from the interest rate calculation; (ii) permit a one-week interest period for any Term Benchmark Advance (as defined in the Amendment) based upon daily simple SOFR (as defined in the Amendment); and (iii) extend the maturity date from October 20, 2029 to October 20, 2030.”

DTE Electric Co amended revolving credit of $300,000,000 with a syndicate of lenders and Citibank, N.A., as Administrative Agent at the Base Rate plus the Applicable Margin, as defined in such Facility, or Adjust maturing October 22, 2030.

“The total lender commitments under each Facility are as follows: $1,500,000,000 for DTE Energy, $1,000,000,000 for DTE Electric, and $300,000,000 for DTE Gas.”

DTE Electric Co amended revolving credit of $1,000,000,000 with a syndicate of lenders and Citibank, N.A., as Administrative Agent at the Base Rate plus the Applicable Margin, as defined in such Facility, or Adjust maturing October 22, 2030.

“The total lender commitments under each Facility are as follows: $1,500,000,000 for DTE Energy, $1,000,000,000 for DTE Electric, and $300,000,000 for DTE Gas.”

DTE Electric Co amended revolving credit of $1,500,000,000 with a syndicate of lenders and Citibank, N.A., as Administrative Agent at the Base Rate plus the Applicable Margin, as defined in such Facility, or Adjust maturing October 22, 2030.

“The total lender commitments under each Facility are as follows: $1,500,000,000 for DTE Energy, $1,000,000,000 for DTE Electric, and $300,000,000 for DTE Gas.”

CADIZ INC incurred term loan of up to $51,000,000 with Lytton Rancheria of California at 8% per annum maturing 66 months after the Effective Date.

“Lytton will provide an unsecured term loan in an aggregate principal amount of up to $51,000,000 to the Company”

FERRELLGAS PARTNERS FINANCE CORP amended credit facility of $350 million with JPMorgan Chase Bank, N.A. maturing October 2028.

“extends the maturity of the Credit Agreement to October 2028 and increases the maximum amount available for borrowing under the Credit Agreement to $350 million”

FERRELLGAS PARTNERS FINANCE CORP incurred senior notes of $650,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 9.250% per annum maturing January 15, 2031.

“On October 27, 2025, Ferrellgas, L.P. (the “Company”) and Ferrellgas Finance Corp. (“Finance Corp.” and, together with the Company, the “Issuers”), subsidiaries of Ferrellgas Partners, L.P., issued and sold $650,000,000 aggregate principal amount of 9.250% Senior Notes due 2031”

UNIVERSAL LOGISTICS HOLDINGS, INC. incurred guarantee with Wilmington Trust, National Association.

“Specifically, the Borrower issued a senior secured promissory note (the “Note”) in the principal amount of approximately $195.9 million to Wilmington Trust, National Association, as trustee of the Ford (Stanton, TN) Lease-Backed Pass-Through Trust (the “Trustee”), under a note purchase agreement dated October 22, 2025 (the “NPA”).”

UNIVERSAL LOGISTICS HOLDINGS, INC. incurred senior notes of approximately $195.9 million with Wilmington Trust, National Association at 6.84% per annum maturing November 15, 2034.

“the Borrower issued a senior secured promissory note (the “Note”) in the principal amount of approximately $195.9 million to Wilmington Trust, National Association, as trustee of the Ford (Stanton, TN) Lease-Backed Pass-Through Trust (the “Trustee”), under a note purchase agreement dated October 22, 2025 (the “NPA”). The Note bears interest at a fixed rate of 6.84% per annum and requires monthly payments of principal and interest, with the full balance due at maturity on November 15, 2034.”

FOX FACTORY HOLDING CORP incurred credit facility of $710 million with Wells Fargo Bank, National Association at SOFR loans bear interest ... at a rate per annum equal to the term SOFR for such maturing October 24, 2030.

“the Company borrowed $710 million under the Amended Credit Agreement consisting of the $537.5 million Term Loan and $172.5 million under the Revolving Credit Facility”

Talen Energy Corp incurred senior notes of $1.40 billion 6.250% senior notes due 2034 and $1.29 billion 6.500% senior notes due 2036 with Citibank, N.A. at 6.250% per annum for 2034 Notes, 6.500% per annum for 2036 Notes maturing 2034 Notes mature February 1, 2034; 2036 Notes mature February 1, 2036.

“On October 27, 2025, Talen Energy Supply, LLC (“TES”), a direct wholly owned subsidiary of Talen Energy Corporation (the “Company”), completed its previously announced offerings (the “Offerings”) of $1.40 billion in aggregate principal amount of 6.250% senior notes due 2034 (the “2034 Notes”) and $1.29 billion in aggregate principal amount of 6.500% senior notes due 2036 (the “2036 Notes” and together with the 2034 Notes, the “Notes”) in private offerings that were exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).”

AB Private Credit Investors Corp amended senior notes of the Secured Notes consisting of $228,000,000 Class A Notes, $36,000,000 Class B Notes, $36,000,000 Class C Notes, and $2 with U.S. Bank Trust Company, National Association at the spread on the Class A Notes was reduced from 2.60% to 1.45%; ii) the spread maturing October 27, 2037.

“td (the “ Second Static Subsidiary ” and together with the Issuer, the Co-Issuer and the First Static Subsidiary, the “ Issuer Entities ”), each a special purpose vehicle, executed that certain first supplemental indenture by and among the Issuer Entities and U.S. Bank Trust Company, National Association (the “ Supplemental Indenture ”). The Supplemental Indenture amends that certain indenture entered into by the Issuer Entities and U.S.”

JUPITER NEUROSCIENCES, INC. incurred convertible notes of $4.0 million with YA II PN, LTD.

“The first Pre-Paid Advance in the amount of $3,720,000 was disbursed to the Company on October 27, 2025, in exchange for the Company’s issuance to Yorkville of a Convertible Note in the principal amount of $4.0 million, which was issued with an “original issue discount” (“OID”) of 7.0% (or $280,000) and is initially convertible into Common Stock at a fixed conversion price of $1.50 per share (subject to adjustment as provided in such Convertible Note) (the “First Convertible Note”).”

Texas Pacific Land Corp incurred revolving credit of $500.0 million, with ability to request increases of up to an additional $250.0 million with Wells Fargo Bank, National Association at term SOFR plus 2.25% or 2.50% depending on leverage; base rate plus 1.25% or 1.5 maturing October 23, 2029.

“The Credit Agreement provides for a revolving credit facility (the “Revolving Credit Facility”) in the aggregate principal amount of up to $500.0 million, and the ability to request potential increases in the commitments of the lenders of up to an additional $250.0 million; provided that any such request for an increase must be in a minimum amount of $50,000,000 or, if less, the amount remaining available for all such increases.”

Keen Vision Acquisition Corp. incurred loan of $144,670.38 with KVC Sponsor LLC maturing upon the closing of a business combination by the Company.

“On October 21, 2025, Keen Vision Acquisition Corporation (the “Company”) issued an unsecured promissory note in the aggregate principal amount of $144,670.38 (the “Note”) to KVC Sponsor LLC, the Company’s initial public offering sponsor (“Sponsor”) in exchange for Sponsor depositing such amount into the Company’s trust account in order to extend the amount of time it has available to complete a business combination. The Note does not bear interest and matures upon the closing of a business combination by the Company.”

XCF Global, Inc. incurred loan of $560,000 each, aggregate $1,120,000 with two separate institutional lenders at 12% per annum upon default maturing three months from disbursement.

“On October 22, 2025, XCF Global, Inc. (the “Company”) entered into two separate promissory notes (the “Notes”) with two separate institutional lenders, each in the principal amount of $560,000, for an aggregate principal amount of $1,120,000”

Uniti Group Inc. incurred senior notes of $250,000,000 aggregate principal amount of secured fiber network revenue term notes with Wilmington Trust, National Association at 5.177% Series 2025-2, Class A-2 term notes, $28,200,000 5.621% Series 2025-2, Cl maturing January 2031.

“On October 24, 2025, Uniti Fiber ABS Issuer LLC and Uniti Fiber TRS Issuer LLC (collectively, the “Issuers”), each an indirect, bankruptcy-remote subsidiary of Uniti Group Inc. (the “Company,” and, together with the Issuers, “we,” “us,” or “our”), completed a private offering of $250,000,000 aggregate principal amount of secured fiber network revenue term notes, consisting of $180,000,000 5.177% Series 2025-2, Class A-2 term notes, $28,200,000 5.621% Series 2025-2, Class B term notes and $41,800,000 7.834% Series 2025-2, Class C term notes (collectively, the “Term Notes”), each with an anticipated repayment date (the “Term ARD”) in January of 2031.”

APPLIED INDUSTRIAL TECHNOLOGIES INC incurred revolving credit of $900 million with KeyBank National Association at base rate plus a margin that ranges from 0 to 35 basis points or adjusted term S maturing October 24, 2030.

“On October 24, 2025 (the “Closing Date”), Applied Industrial Technologies, Inc. (the “Registrant”) entered into a Credit Agreement (the “Credit Agreement”) with certain financial institutions party thereto and KeyBank National Association, as Administrative Agent for itself and the other financial institutions, providing for a $900 million senior unsecured revolving credit facility (the “Credit Facility”).”

SPIRE INC incurred senior notes of $50 million at 4.65% per annum maturing January 15, 2031.

“$50 million in aggregate principal amount of its First Mortgage Bonds, 4.65% Series due January 15, 2031”

SPIRE INC incurred senior notes of $150 million at 4.60% per annum maturing September 15, 2030.

“$150 million in aggregate principal amount of its First Mortgage Bonds, 4.60% Series due September 15, 2030”

Live Nation Entertainment, Inc. incurred term loan of $1.3 billion term loan B facility with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent at Term SOFR plus 2.00% or an adjusted base rate plus 1.00% maturing October 21, 2032.

“amended and restated, supplemented or otherwise modified immediately prior to the effectiveness of the Credit Agreement, the “Existing Credit Agreement”), and provides for (i) a $1.3 billion multicurrency revolving credit facility (the “new multicurrency revolving facility”), (ii) a $400 million venue expansion revolving credit facility (the “new venue expansion”

Live Nation Entertainment, Inc. incurred term loan of $700 million delayed draw term loan A facility with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent at Term SOFR plus 1.50% or an adjusted base rate plus 0.50% maturing October 21, 2030.

“revolving credit facility (the “new venue expansion revolving facility” and together with the new multicurrency revolving facility, the “new revolving facilities”), (iii) a $700 million delayed draw term loan A facility (the “new delayed draw term loan A facility”), and (iv) a $1.3 billion term loan B facility (the “new term loan B facility” and together with”

Live Nation Entertainment, Inc. incurred revolving credit of $400 million venue expansion revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent at Term SOFR plus 1.50% or an adjusted base rate plus 0.50% maturing October 21, 2030.

“Agreement, the “Existing Credit Agreement”), and provides for (i) a $1.3 billion multicurrency revolving credit facility (the “new multicurrency revolving facility”), (ii) a $400 million venue expansion revolving credit facility (the “new venue expansion revolving facility” and together with the new multicurrency revolving facility, the “new revolving”

Live Nation Entertainment, Inc. incurred credit facility of $1.3 billion multicurrency revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent at Term SOFR plus 1.50% or an adjusted base rate plus 0.50% maturing October 21, 2030.

“amended and restated, supplemented or otherwise modified immediately prior to the effectiveness of the Credit Agreement, the “Existing Credit Agreement”), and provides for (i) a $1.3 billion multicurrency revolving credit facility (the “new multicurrency revolving facility”), (ii) a $400 million venue expansion revolving credit facility (the “new venue expansion”

Rein Therapeutics, Inc. incurred debt of $1.0 million with YA II PN, Ltd. at 8% maturing 12-month anniversary of their issuance.

“(the “Company”, “we”, “us”) in a Current Report on Form 8-K filed on July 30, 2025, on July 29, 2025 (the “Effective Date”), we entered into a Pre-Paid Advance Agreement (the “PPA”) with YA II PN, Ltd., a Cayman Islands exempt limited partnership (“Yorkville”). In accordance with the terms of the PPA, we may request pre-paid advances of up to $6.0 million from Yorkville (each, a “Pre-Paid Advance”) over a 12-month period, subject to certain limitations and conditions set forth in the PPA.”

Cuentas Inc. incurred convertible notes of three unsecured notes with Shalom Arik Maimon, Schulman, and AM Law at 2% interest; 15% interest in case of default.

“On October 17, 2025, the Company also became obligated under the three unsecured notes issued to Mr. Maimon, Schulman and AM Law described under Item 1.01 above (each 2% interest; 15% interest in case of default; optional conversion at $0.42 per share; piggyback rights).”

Cuentas Inc. incurred loan of $473,000 and $200,000 with Michael De Prado at 2% cash interest; no cash interest unless default; 8% default maturing upon the earlier of a qualified financing of at least $2,000,000 or one year from issuance; first anniversary of issuance.

“The De Prado Note One ($473,000, 2% cash interest; optional conversion at $0.42 per share; piggyback rights) and Note Two ($200,000, no cash interest unless default; 8% default) are secured by first-priority liens on the Company’s Fintech (non-MVNO) assets under separate security agreements.”

Cuentas Inc. incurred convertible notes of aggregate principal $385,000 with World Mobile Group Ltd..

“The Company’s obligations under the WM Notes (aggregate principal $385,000, convertible pursuant to their terms) constitute direct financial obligations of the Company as of September 22, 2025 and October 1, 2025, respectively.”