Inuvo exchanges $1.2 million of note into $1.308 million A-2 note with Streeterville
On October 27, 2026, Inuvo exchanged $1.2 million of principal on its Secured Promissory Note B for a Secured Promissory Note A-2 with a principal amount of $1,308,000, held by Streeterville Capital, LLC. The new note carries 9.00% interest, is due June 29, 2028, and lets the lender demand cash redemptions from March 2027 and, from December 29, 2026, when the share price is at least 10% above the NYSE Minimum Price. Trigger events can increase the balance and lead to default with a rate of up to 15%, which adds cost and repayment pressure for shareholders.
Key points
- A-2 note principal of $1,308,000, due June 29, 2028, at 9.00% annual interest
- Lender may redeem up to $750,000 per calendar month starting March 29, 2027
- Limited Redemptions up to 8% of cumulative daily dollar trading volume may begin December 29, 2026, if shares trade at least 10% above the NYSE Minimum Price
- Major and minor trigger events can raise the balance by 10% and 5%; uncured events can become defaults with a rate of up to 15%
The filing
Written by AI on Nov 9, 2026, 8:29 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 November 02, 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.