Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
BODY & MIND INC. incurred loan of $587,000 with SGC Retail Partners LLC at 5% per annum maturing October 29, 2025.
- Instrument
- loan
- Principal
- $587,000
- Counterparty
- SGC Retail Partners LLC
- Rate
- 5% per annum
- Maturity
- October 29, 2025
- Event
- incurrence
Exact text from the filing
On April 29, 2025, SGC advanced the sum of $587,000 to DEP, which is intended to be a substantial portion of the First Closing Date Payment (the “ Advance Payment ”). As evidence of the Advance Payment, DEP issue a secured promissory note dated April 29, 2025 to SGC (the “ Promissory Note ”), pursuant to which: (i) DEP shall pay interest on the outstanding Advance Payment at the rate of 5% per annum, calculated on the basis of a 365-day year and the actual number of days elapsed; and (ii) all principal and accrued interest shall be payable in full in a single balloon payment due on October 29, 2025.
View on SEC.gov
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
BODY & MIND INC. completed a disposition involving Fox Farms for $400,000 (closed 2025-06-06).
- Action
- disposition
- Counterparty
- Fox Farms
- Consideration
- $400,000
- Closing
- 2025-06-06
Exact text from the filing
(the “ Amendment ” and, together with the MIPA, the “ Amended MIPA ”), pursuant to which, among other things, the parties changed the purchase price under the Amended MIPA to $400,000 (the “ Purchase Price ”), with the first $200,000 payment due upon execution and the remainder to be paid on the closing date via a promissory note (the “ Note ”), which will be
View on SEC.gov