Stewards extends $1.6M promissory note maturity to Oct 15, 2026; default interest waived

Stewards, Inc.

Final $1.6M principal installment due Sept 1, 2026 extended to Oct 15, 2026.
Interest stays at 10% simple; $20,000 accrued interest due Oct 15 with principal.
15% default interest waived from Jun 1 to Oct 15, 2026; reinstated if not paid by Oct 15.
Holder FAVO Holdings is related party: 65% Vincent Napolitano, 35% CEO Shaun Quin; Quin recused.
Company had not paid $1.6M plus accrued interest due Sept 1; extension avoids default.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.