Medalist subsidiary secures $15.8M revolving credit line backed by Schwab brokerage account

Filed May 28, 2026 · Period ending May 28, 2026 · ~1 min read

Key Changes

• medium

  Subsidiary OWN Digital Treasury TRS entered into a revolving credit facility with Charles Schwab allowing borrowing up to $15.8 million based on collateral value as of May 21, 2026. The facility is secured by a first-priority lien on a designated brokerage account at Schwab.

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• medium

  The facility includes standard default triggers: missed payments, failure to maintain adequate collateral, bankruptcy filings, or insufficient collateral value in the brokerage account. If asset values fall below requirements, the company could face default and acceleration of amounts owed.

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• low

  Borrowings carry a variable interest rate tied to SOFR plus a margin, meaning the company's borrowing costs will fluctuate with market interest rates if the facility is utilized.

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