---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-110510"
form_type: "8-K"
ticker: "CBDY"
cik: "0001586554"
company_name: "Target Group Inc."
filed_at: "2022-10-21T23:59:59+00:00"
generated_at: "2026-06-23T01:57:02.425527+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Target Group adds C$250,000 loan from CEO's brother at 43.26% annual interest, maturity to June 2023

## Summary
- Effective Oct 18, 2022, Sixth Amending Agreement: lender (CEO's brother) advanced additional C$250,000 under existing loan.
- Maturity extended to June 1, 2023; interest rate 3.0146% per month (43.26% per annum).
- Lender's fee of C$25,000 deducted from advance; remaining loan terms unchanged.

## SEC filing metadata
- accession: 0001104659-22-110510
- form_type: 8-K
- ticker: CBDY
- cik: 0001586554
- company_name: Target Group Inc.
- filed_at: 2022-10-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1586554/000110465922110510/0001104659-22-110510-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1586554/000110465922110510/tm2228667d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-110510
- JSON: https://secwatch.observer/filing/0001104659-22-110510.json
- Plain text: https://secwatch.observer/filing/0001104659-22-110510.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.