Sabio extends $780,000 debentures, settles $163,500 interest with share issuance

Reuters2026/08/26 10:30

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Sabio reached deals to extend $780,000 of unsecured subordinated debentures due Aug. 25, 2026 by three months.
Extended debentures will pay 24% annual interest during the extension period; Sabio can prepay at any time without penalty.
Extension consideration: 259,995 shares issued at a deemed price of $0.1 per share.
Separate shares-for-debt settlement: $163,500 of accrued interest exchanged for 1,923,525 shares at a deemed price of $0.09.
No debenture principal is being settled through share issuance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sabio Holdings Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202608251841CANADANWCANADAPR_C6259) on August 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sabio extends $780,000 debentures, settles $163,500 interest with share issuance

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