Stark Novus amends Foxpoint financing; defers interest to Orlando sale close

NU RIDE INC.

Interest installments due June 1-Sept 1, 2026 deferred to closing of the Orlando Sale.
Guarantor James Neumann must sign Orlando sale LOI by Aug 25, 2026 (extended from Aug 19).
Orlando Sale net proceeds will first pay all amounts owed to Lenders, including Stark Novus.
Bridgeton, MO billboard pledged as additional collateral for any shortfall after sale.
Bakersfield, CA billboard pledged as conditional security upon certain defaults.

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