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Get filing alertsReposiTrak subsidiary lends $4M to SPAR Marketing Force at 8%, receives 1M shares
Filed March 20, 2026 · Period ending March 16, 2026 · ~1 min read
Key Changes
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PC Group (ReposiTrak subsidiary) provided $4M unsecured loan to SPAR Marketing Force: $3M funded immediately, $1M available July 2026. Loan carries 8% annual interest with monthly payments, matures March 2029.
Item 1.01 verify on EDGAR → -
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ReposiTrak receives 1 million SPAR Group shares valued at $0.80 each ($800K total) as equity consideration, representing 20% of loan principal. Shares to be issued within 30 days of March 16, 2026.
Item 1.01 verify on EDGAR → -
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Anti-dilution protections ensure ReposiTrak receives additional SPAR Group shares if the company issues equity below $0.80 during the three-year loan term, maintaining minimum value threshold.
Item 1.01 verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · Jun 4, 2026 · How we verify