Sadot Group Inc. announced it has entered into a Debt Settlement and Share Issuance Agreement to fully extinguish the remaining outstanding principal of its 8% Unsecured OID Debentures originally issued in February 2026. The entire remaining debt of $543,478.26 was settled in exchange for an issuance of common stock, resolving all obligations under these debentures.
Key Details
- Agreement Date: August 21, 2026.
- Settlement Amount: The agreement settles an aggregate principal amount of $543,478.26.
- Terms of Exchange: The debt was exchanged for 67,936 shares of common stock, issued at a fixed price of $8.00 per share.
- Transaction Structure: The two remaining debentures were first assigned by their holders to a single third-party assignee, who then entered into the settlement agreement with Sadot Group. Following this transaction, no February Debentures remain outstanding.