debt
confidence high
sentiment negative
materiality 0.60
Chase General subsidiary Dye Candy receives default notice on $500k secured debt
CHASE GENERAL CORP
- Dye Candy, Chase General subsidiary, received default notice July 20, 2026 for missed principal payment due July 17.
- Outstanding amount ~$500,000; secured by all or substantially all assets of Dye Candy.
- Lender intends to pursue remedies if not paid in full; Company and Dye Candy evaluating and in discussions.