secwatch.observer — SEC 8-K summary
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Issuer:     Starco Brands, Inc. (STCB)
CIK:        0001539850
Form:       8-K
Filed at:   2025-12-23T23:59:59+00:00
Accession:  0001493152-25-029106
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starco Brands enters $5M bridge loan from CEO's company; $4.5M initial to pay off Gibraltar debt
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- Bridge loan up to $5M from The Starco Group, Inc. (CEO Ross Sklar sole shareholder); initial draw $4.5M.
- Proceeds to repay Gibraltar Business Capital loan and boost working capital.
- Interest rate lesser of prime+4.25% p.a. or highest lawful rate; monthly interest payments start Jan 2026.
- Principal payments begin Jan 2027 ($28K/mo), escalating to $66K/mo in 2030; maturity 5 years from Dec 22, 2025.
- Related-party transaction disclosed; delayed drawdowns up to $500K possible through Dec 31, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539850/000149315225029106/0001493152-25-029106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539850/000149315225029106/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-029106

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