debt
confidence high
sentiment neutral
materiality 0.55
RCI Hospitality raises $3.25M in new 12% unsecured notes; extends $3.05M in existing notes to Oct 2028
RCI HOSPITALITY HOLDINGS, INC.
- Issued $3M in Series A 12% unsecured promissory notes to three new investors on Oct 1, 2025.
- Two noteholders increased principal by $250K (total $500K) and extended maturity to Oct 1, 2028.
- Seven noteholders extended $2.8M in existing notes to same maturity date; all terms unchanged.
- Total new debt financing raised: $3.25M; notes interest-only monthly, principal and accrued interest due Oct 1, 2028.
- Previous notes issued Nov 1, 2023, with maturity Oct 1, 2026, cancelled as of Sept 30, 2025.