other material
confidence high
sentiment neutral
materiality 0.65
Hawkeye Systems consolidates $1.77M debt with stockholder Hall, extends maturity to Dec 2025
Hawkeye Systems, Inc.
- Consolidates multiple loans into a single $1,770,713.10 promissory note due Dec 31, 2025, at 12% annual interest.
- Assigns its $1,753,247.34 receivable from CNTNR to Steve Hall as consideration for forbearance and extension.
- The consolidated note replaces $2.825M in principal plus $698,710 in accrued interest, net of the CNTNR assignment.
- Original loans included an inventory note, line of credit, consulting fee, and face mask deposits from 2021-2023.