---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-001037"
form_type: "8-K"
ticker: "SUIG"
cik: "0001425355"
company_name: "SUI Group Holdings Ltd."
filed_at: "2025-02-03T23:59:59+00:00"
generated_at: "2026-05-27T03:56:41.528622+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mill City enters subordination & security agreements on $10M loan; CEO/CFO salaries raised to $220K

## Summary
- Loan maturity extended to March 28, 2027; interest rate increased to 20% (15% cash, 5% deferred).
- Mill City subordinated its $10M loan to senior lenders via Amended Subordination and Intercreditor Agreement with Orion Pip.
- Entered Security Agreement granting Mill City a first-priority security interest in substantially all Mustang Funding assets.
- New executive employment agreements for CEO Polinsky and CFO Geraci, effective Jan 1, 2025, base salary $220,000/year.
- Prior amendment (Jan 21) extending maturity and raising rate was previously disclosed; now filed as exhibit.

## SEC filing metadata
- accession: 0001654954-25-001037
- form_type: 8-K
- ticker: SUIG
- cik: 0001425355
- company_name: SUI Group Holdings Ltd.
- filed_at: 2025-02-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425355/000165495425001037/0001654954-25-001037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425355/000165495425001037/mcvt_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-001037
- JSON: https://secwatch.observer/filing/0001654954-25-001037.json
- Plain text: https://secwatch.observer/filing/0001654954-25-001037.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.