debt
confidence high
sentiment neutral
materiality 0.40
Dyadic amends security agreement; CEO's trust added as secured party for $1M note purchase
DYADIC INTERNATIONAL INC
- CEO Mark Emalfarb purchased and was assigned a $1,000,000 Senior Secured Convertible Promissory Note due March 8, 2027.
- Amendment added Mark A. Emalfarb Trust as a secured party with $1,000,000 principal.
- Other secured parties updated: Francisco Trust $1M, Barry M. Kitt $1M, CK Management $1M, and others.
- Amendment executed September 15, 2025, effective immediately.
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