Recent debt acceleration & defaults 8-K filings

Dye Candy Company subsidiary received default notice on July 20, 2026 for unpaid principal of ~$500,000 due July 17. Lender intends to pursue remedies. Company evaluating resolution.

Company received maturity default notice on $97.1M non-recourse mortgage on 1 Kaiser Plaza, effective July 1, 2026. Lender demanded immediate full payment and all property income.

Company in active discussions with European Investment Bank regarding €20 million loan due June 1, 2026. EIB reserved rights; discussions ongoing with no assurance of resolution or continued forbearance.

Convertible debenture with principal of $6,825,400 plus interest automatically converted into 6,841.33 shares of Series B Convertible Preferred Stock following shareholder approval on July 8, 2026.

Foreclosure sale scheduled for July 7, 2026 adjourned to August 4, 2026 following agreement with secured creditors. Company evaluating strategic alternatives to resolve outstanding indebtedness.

Tongmei, AXT's majority-controlled subsidiary, withdrew its Shanghai STAR Market IPO application on July 8, 2026. This triggers redemption rights for 11 private equity funds that invested RMB 324.4 million (~$49M). Funds may require redempt

Fortress Net Lease REIT increased credit facilities by $100M to $1.9B aggregate through joinder of Regions Bank, effective June 29, 2026. Revolving facility increased to $1.545B; term loan to $355M.

Borrower, guarantors, and lender entered Consent and Cooperation Agreement effective June 4, 2026 to jointly market $125M loan for sale over 45-day period; lender may foreclose on Brooklyn property afterward.

Lender ADI Funding, LLC asserted Event of Default on $271,739.13 secured promissory note due to alleged failure to file registration statement, Form 8-K, and transfer agent instructions by June 11, 2026. Acceleration of debt and enforcement

Debenture holders accelerated $4.3M secured convertible debentures on April 13, 2026. Foreclosure sale of oil and gas leases in Martin County, Texas scheduled for July 7, 2026.

AMC redeemed $125.471 million of 6.125% Senior Subordinated Notes due 2027 at 100% of principal plus accrued interest, concurrent with completion of registered direct offering on June 24, 2026.

Lender notified borrowers of multiple events of default under Credit Agreement including failure to maintain minimum cash covenant, compliance ratio failures, and failure to repay term loans. Default Rate of +2% applied; lender reserved acc

Company received notice of default from Helena Global regarding senior secured convertible note; Helena claims ~$4.5M due and has assumed control of digital asset collateral (~$2.8M) per account control agreement.

Venture Global LNG issued conditional notice to redeem $1.125B of 8.125% senior secured notes due 2028 at 102.031% redemption price. Redemption conditioned on closing of $2.25B notes offering due 2034 and 2036, expected June 11, 2026.

EchoStar elected not to pay approximately $183 million in interest due June 1, 2026 on DISH DBS subsidiary notes. Company has 30-day grace period before Event of Default triggered, pending AT&T transaction closing.

EIB loan of €20 million due June 1, 2026 under discussion for potential extension. Parties in good-faith negotiations through July 3, 2026 with no enforcement action currently contemplated.

Company deferred foreclosure auction originally scheduled June 2, 2026 to July 7, 2026 pursuant to agreement with convertible note investors Kips Bay Select, LP and Cyber One, LTD.

Company received notice of default on loan documents from Sententia Capital Management LLC on May 11, 2026, claiming total obligation of $4,280,626.78 including principal, interest, and fees.

Whitehawk Capital Partners demanded immediate payment of $80 million credit facility on April 29, 2026, claiming two events of default. Company received demand letters and lawsuit was filed May 19, 2026 seeking injunction on collateral.

Noteholders suspended company voting rights on subsidiary equity and removed CEO Jaret Christopher; appointed interim CEO Coley Brown and director Ivona Smith. Principal not yet accelerated but payment demanded possible.