secwatch.observer — SEC 8-K summary
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Issuer:     Stewards, Inc. (SWRD)
CIK:        0001795851
Form:       8-K
Filed at:   2026-08-07T21:07:42+00:00
Accession:  0001663577-26-000243
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stewards extends $1.6M note maturity to Sept 1, 2026; interest rate rises to 10%
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- Extended maturity of $1.6M final installment from May 31, 2026 to Sept 1, 2026.
- Interest on $1.6M principal rises from 6% to 10% per annum for June 1-Sept 1, 2026, totaling $40,000.
- 15% default interest rate waived for extension period; reinstated if not paid by Sept 1, 2026.
- Related-party: holder FAVO Holdings is 35% owned by CEO Shaun Quin; Quin recused from board vote.
- Also adopted amended bylaws: majority voting, remote meetings, advance notice, exclusive forum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1795851/000166357726000243/0001663577-26-000243-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1795851/000166357726000243/swrd_8k080526.htm
  HTML page:      https://secwatch.observer/filing/0001663577-26-000243

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