Vulcan to redeem all remaining $30.3 million of 2026 notes on October 13, 2026
Vulcan Infrastructure and Power said it will redeem all outstanding 8.50% Senior Notes due 2026 on October 13, 2026, at 100% of principal plus accrued interest, which will eliminate its 2026 debt maturity. Based on preliminary, unaudited figures, the company expects cash and digital assets of about $16.9 million after the redemption and PIPE-related expenses, down from about $49.2 million as of September 30, 2026.
Key points
- Remaining 2026 notes of $30,345,200 in principal are expected to be redeemed October 13, 2026, for about $30.9 million including about $523,000 of accrued interest through October 12, 2026
- On October 1, 2026, $2,793,150 of 2026 notes were exchanged for $2,833,358 of 10.00% Senior Notes due 2030 and warrants for up to 1,000,000 Class A shares at $1.87 per share
- Cash and digital assets were about $49.2 million as of September 30, 2026, including bitcoin of about $5.4 million; expected to fall to about $16.9 million after the redemption and about $1.4 million of PIPE expenses
The filing
Written by AI on Nov 9, 2026, 11:44 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 05, 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.