Firy to redeem remaining $49.7 million of 10.25% notes on October 15
Firy Inc. delivered notice on October 5, 2026 to redeem all remaining 10.25% Secured Notes due 2026, about $49.7 million of principal, on October 15, 2026, at 100% of principal plus accrued interest. The company said the redemption completes repayment of its $300 million notes, would leave it with no outstanding borrowed debt, and would be funded by proceeds from the previously announced sale of its equity stake in Exit Games.
Key points
- Redemption date is October 15, 2026, at 100% of principal plus accrued and unpaid interest
- $49,671,000 aggregate principal was outstanding as of October 5, 2026; UMB Bank, N.A. is trustee and paying agent
- Company expects the October redemption to save about $0.8 million in cash interest, and about $3.6 million in total with the August 2026 redemption
- Funding comes from proceeds of the Exit Games equity stake sale; the company said no new capital will be raised and there will be no shareholder dilution
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.