Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
RCI HOSPITALITY HOLDINGS, INC. amended loan of $15,720,578 aggregated unsecured promissory notes; $9,100,000 payable interest-only; $6,620,578 payable monthly with 10- with 26 investors at 12% per annum maturing $9,100,000 notes mature October 1, 2026; $6,620,578 notes mature November 1, 2027.
- Instrument
- loan
- Principal
- $15,720,578 aggregated unsecured promissory notes; $9,100,000 payable interest-only; $6,620,578 payable monthly with 10-
- Counterparty
- 26 investors
- Rate
- 12% per annum
- Maturity
- $9,100,000 notes mature October 1, 2026; $6,620,578 notes mature November 1, 2027
- Event
- amendment
Exact text from the filing
On October 25, 2023, RCI Hospitality Holdings, Inc. ("we," "us" and "our") entered into a debt modification transaction under which 26 investors holding a total principal amount of $15,720,578 in unsecured promissory notes agreed to extend the maturity dates of such notes (as described below), with no other changes to the terms and conditions of the original promissory notes, which original promissory notes were issued in October 2021 and had original maturity dates in October 2024.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
RCI HOSPITALITY HOLDINGS, INC. terminated Original Unsecured Promissory Notes (October 2021) with 26 investors valued at $15,720,578 (original principal), with $7,500,000 for certain notes (effective 2023-10-31).
- Action
- termination
- Agreement
- notes offering
- Counterparty
- 26 investors
- Value
- $15,720,578 (original principal), with $7,500,000 for certain notes
- Effective
- 2023-10-31
Exact text from the filing
(“we,” “us” and “our”) entered into a debt modification transaction under which 26 investors holding a total principal amount of $15,720,578 in unsecured promissory notes agreed to extend the maturity dates of such notes (as described below), with no other changes to the terms and conditions of the original promissory notes, which original promissory notes were issued in October 2021 and had original maturity dates in October 2024.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
RCI HOSPITALITY HOLDINGS, INC. entered into Amended and Restated Promissory Notes with 26 investors valued at $15,720,578 (effective 2023-11-01).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- 26 investors
- Value
- $15,720,578
- Effective
- 2023-11-01
Exact text from the filing
On October 25, 2023, RCI Hospitality Holdings, Inc. (“we,” “us” and “our”) entered into a debt modification transaction under which 26 investors holding a total principal amount of $15,720,578 in unsecured promissory notes agreed to extend the maturity dates of such notes (as described below), with no other changes to the terms and conditions of the original promissory notes, which original promissory notes were issued in October 2021 and had original maturity dates in October 2024.
View on SEC.gov