11/06/2026 | Press release | Distributed by Public on 11/06/2026 08:17
Item 1.01 Entry into a Material Definitive Agreement.
On November 2, 2026, PowerCompute Inc. (the "Company") entered into a Fourth Amendment to Secured Promissory Note, effective October 31, 2026 (the "Note Amendment"), with Brown Family Enterprises LLC ("Lender") pursuant to which the maturity date of the Company's loan from Lender in the principal amount of $1,250,000 was extended from December 31, 2026 to December 31, 2027.
The foregoing description of the Note Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Note Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.