secwatch.observer — SEC 8-K summary
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Issuer:     Target Group Inc. (CBDY)
CIK:        0001586554
Form:       8-K
Filed at:   2024-08-26T23:59:59+00:00
Accession:  0001104659-24-092808
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Target Group extends CEO-related loan maturity to May 2025 via Tenth Amendment
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- Tenth Amending Agreement extends maturity of Original Loan to May 31, 2025.
- Original Loan from December 2019 was with a private individual who is brother of CEO Anthony Zarcone.
- Maturity extended to May 31, 2025, or earlier upon Lender's demand.
- All other terms and conditions of the loan remain unchanged.
- Loan has been amended ten times since 2019; prior amendments disclosed in multiple 8-K filings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1586554/000110465924092808/0001104659-24-092808-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1586554/000110465924092808/tm2422196d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-092808

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer