secwatch.observer — SEC 8-K summary
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Issuer:     RCI HOSPITALITY HOLDINGS, INC. (RICK)
CIK:        0000935419
Form:       8-K
Filed at:   2025-10-07T23:59:59+00:00
Accession:  0001628280-25-044498
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RCI Hospitality raises $3.25M in new 12% unsecured notes; extends $3.05M in existing notes to Oct 2028
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/935419/000162828025044498/0001628280-25-044498-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/935419/000162828025044498/rick-20251001.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-044498

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer