Stewards terminates $1.5 million bridge loan note and security agreement with Accretiv
Stewards, Inc. and lender Accretiv Investment Holdings agreed on September 21, 2026 to cancel a $1.5 million secured bridge note and related security agreement before any money was advanced. The company received no loan proceeds, owes no amounts under the terminated agreements, and paid no termination fee, so the deal has no direct cash or debt effect on shareholders.
Key points
- The $1.5 million promissory note dated September 2, 2026 was terminated; no funding date occurred and no principal was ever outstanding.
- The $75,000 lender return that would have been payable by November 30, 2026 was not earned.
- The lender released all liens, and the companies granted mutual releases of claims, with no early termination penalty.
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 September 24, 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.