Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
Comstock Inc. amended loan of $8,390,000 with Georges Trust and Alvin Fund LLC at 12% per annum maturing April 15, 2026.
- Instrument
- loan
- Principal
- $8,390,000
- Counterparty
- Georges Trust and Alvin Fund LLC
- Rate
- 12% per annum
- Maturity
- April 15, 2026
- Event
- amendment
Exact text from the filing
On August 8, 2025, Comstock Inc. (the “Company” or “Comstock”) amended its outstanding promissory notes with its creditors, Georges Trust and Alvin Fund LLC (“Alvin Fund”), to address the procedures for the repayment of an aggregate of $8,390,000 in principal owed to such creditors pursuant to such promissory notes (together, the “Promissory Note Amendments”).
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
Comstock Inc. entered an off-balance-sheet arrangement for convertible notes of original aggregate principal amount of $10,638,298 with Kips Bay Select, LP at 6.0% maturing April 10, 2026.
- Instrument
- convertible notes
- Principal
- original aggregate principal amount of $10,638,298
- Counterparty
- Kips Bay Select, LP
- Rate
- 6.0%
- Maturity
- April 10, 2026
- Event
- off balance sheet
Exact text from the filing
On August 12, 2025, the Company entered into a payoff letter agreement (the “Payoff Agreement”), with Kips Bay Select, LP (“Kips Bay”), related to the Company’s obligations under its 6.0% Convertible Promissory Note due April 10, 2026, in the original aggregate principal amount of $10,638,298 (the “Note”).
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