Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Vestand Inc. incurred loan of $200,000 with Good Mood Studio Inc. at 16% per annum maturing September 16, 2026.
- Instrument
- loan
- Principal
- $200,000
- Counterparty
- Good Mood Studio Inc.
- Rate
- 16% per annum
- Maturity
- September 16, 2026
- Event
- incurrence
Exact text from the filing
(the “Loan Agreement”) with Good Mood Studio Inc., a California corporation (the “Lender”) pursuant to which the Lender agreed to lend the Company the principal amount of $200,000 (the “Loan”). The Loan bears interest at a rate of 16% per annum, calculated on a simple interest basis and on the basis of the actual number of days elapsed over a 365-day year.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Vestand Inc. entered into Loan Agreement with Good Mood Studio Inc. valued at $200,000 (effective 2026-03-17).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Good Mood Studio Inc.
- Value
- $200,000
- Effective
- 2026-03-17
Exact text from the filing
On March 17, 2026, Vestand Inc. (the “Company”), entered into a Loan Agreement (the “Loan Agreement”) with Good Mood Studio Inc., a California corporation (the “Lender”) pursuant to which the Lender agreed to lend the Company the principal amount of $200,000 (the “Loan”).
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