Sadot Group Inc. has entered into two separate agreements to settle approximately $3.36 million in outstanding debt with two creditors, Cedar Advance LLC and Agile Capital Funding, LLC. The debt will be fully extinguished through the issuance of common stock, with no cash consideration paid by the company.
Key Details
- Total Debt Settled: The agreements resolve $1,876,500 owed to Cedar Advance and $1,482,912.50 owed to Agile, for a combined total of approximately $3.36 million.
- Share Issuance: A total of 90,000 unregistered shares of common stock were issued, with 45,000 shares going to each creditor. These shares represent a combined total of approximately 9% of outstanding common stock.
- Agreement Date: Both Debt Settlement and Share Issuance Agreements were executed on July 7, 2026.