secwatch.observer — SEC 8-K summary
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Issuer:     Nordicus Partners Corp (NORD)
CIK:        0001011060
Form:       8-K
Filed at:   2026-10-21T20:30:18+00:00
Accession:  0001493152-26-047909
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Nordicus Partners issues $147,000 related-party demand note to ABCHill at 6.0%
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- Promissory note dated October 15, 2026 in principal amount of $147,000; interest at lesser of 6.0% per annum or maximum lawful rate, 365-day year.
- Lender ABCHill Holding ApS is wholly owned by Christian Hill-Madsen, a director of subsidiaries Orocidin A/S and Bio-Convert A/S, CEO of NP Bioinnovation A/S and COO of NoviThera ApS.
- Entire principal and accrued interest due on demand; Nordicus may prepay in whole or part without premium or penalty; payments apply first to interest, then principal.
- Default (nonpayment or bankruptcy/insolvency filing) allows lender to declare all amounts immediately due plus collection costs and reasonable attorneys' fees.
- Note sold under Section 4(a)(2) exemption to a lender with access to company information that represented investment intent; governed by California law.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1011060/000149315226047909/0001493152-26-047909-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1011060/000149315226047909/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-047909

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