Sadot Group enters $239k secured note at 10%, appoints four new directors after five resign

Sadot Group Inc.

$238,987 secured promissory note at 10% interest, due Oct 29, 2026; secured by all company assets.
Board expanded from five to six; CEO Haggai Ravid appointed as director.
Five directors (Errington, Khan, Petel, Spanos, Torres) resigned effective Oct 30, 2025.
Four new directors appointed: Sean Schnapp (finance), Alexander David (consultant), Liat Franco (law), Yuriy Shirinyan (security).
Audit committee reconstituted with Schnapp as chair; independence of new directors not yet evaluated.

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