Welcome to our dedicated page for Lendway SEC filings (Ticker: LDWY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Lendway Inc.'s SEC filings, including records filed after its name change to Bloomia Holdings, Inc., document the public-company structure around the Bloomia tulip business. Registration statements describe securities offering disclosures and capital structure, while Form 8-K reports cover financial results, name and ticker changes, bylaws, authorized common stock and material financing arrangements tied to the Bloomia acquisition.
Proxy materials and related 8-K filings record stockholder voting matters, director elections, executive compensation votes, auditor ratification, board governance and charter amendments. The filings also trace the company's Delaware corporate status, Nasdaq common stock listing, fiscal-year reporting calendar and debt arrangements used to fund seasonal bulb purchases and working-capital needs.
Lendway, Inc. describes board and compensation committee responsibilities, audit‑committee oversight, and recent governance updates for stockholders. The compensation committee nominates directors, reviews and recommends executive pay and benefits, evaluates Co‑Chief Executive Officers' performance, assesses bonus target achievement, administers the stock and incentive plans, and approves equity grants. The company adopted a clawback policy that applies to incentive compensation awarded on or after October 2, 2023 and requires recovery of erroneously awarded incentive pay following an accounting restatement tied to material noncompliance with financial reporting rules. The audit committee met with the independent registered public accounting firm to review audit scope, results, internal controls and independence. The company reports 1,769,599 shares issued and outstanding, 22,945 shares available under the Employee Stock Purchase Plan, and 79,576 shares available for future awards under the 2018 Equity Incentive Plan.
Nicholas J. Swenson, a Director and reported 10% owner of Lendway, Inc. (LDWY), reported transactions dated 09/30/2025. He disposed of 3,300 shares of common stock and, following that transaction, beneficially owns 139,444 shares in total (held indirectly through entities including AO Partners I, L.P. with 60,284 shares and Groveland Capital LLC with 11,428 shares). Separately, Mr. Swenson acquired 1,008 Common Stock Equivalents under the company’s Director Deferred Compensation Plan at an indicated per-equivalent amount of $5.4523, bringing his reported derivative-equivalent holdings to 11,597 Common Stock Equivalents. The filing notes the parties may be part of a Section 13(d) group that collectively owns more than 10% of the outstanding common stock. The Form is signed on 10/02/2025.
Director Matthew Kelly acquired 779 common stock equivalents of Lendway, Inc. (LDWY) on 09/30/2025 under the company’s director deferred compensation plan. Each common stock equivalent represents the economic equivalent of one share of common stock and the reported per-equivalent price is $5.4523. After the transaction, Mr. Kelly beneficially owned 7,881 shares (direct).
The deferred compensation plan allows directors to elect to receive fees as common stock equivalents that will be settled in actual Lendway common stock upon a separation from service or in cash if an earlier change in control occurs. The Form 4 discloses the grant/acquisition amount, the conversion economics, and the ownership total following the reported transaction.
Chad Bruce Johnson, a director of Lendway, Inc. (LDWY), reported an acquisition on 09/30/2025 of 779 common stock equivalents under the company's Deferred Compensation Plan for Directors at an economic price of $5.4523 per equivalent. After the transaction, Mr. Johnson beneficially owns 13,432 shares (direct). The filing states these common stock equivalents will be settled in common stock upon separation from service or in cash upon an earlier change in control. The Form 4 was signed by an attorney-in-fact, Joyce E. Kobilka, on 10/02/2025.
Mary Herfurth, a director of Lendway, Inc. (LDWY), acquired 1,008 Common Stock Equivalents on 09/30/2025 under the company’s Deferred Compensation Plan for Directors. The reported per-unit value was $5.4523, and after the transaction she beneficially owns 10,201 shares on a direct basis.
The Common Stock Equivalents represent the economic equivalent of one share each and will be settled in common stock upon a separation from service or in cash upon an earlier change in control. The Form 4 was filed by one reporting person and signed by an attorney-in-fact on 10/02/2025.
Lendway, Inc. presents portions of its preliminary proxy materials describing governance and compensation committee responsibilities, audit committee activities, and equity plan status. The governance/compensation committee nominates director slates, reviews and recommends base salaries, incentive compensation, employment agreements and benefits for its Co-Chief Executive Officers and key executives, evaluates executive performance and bonus targets, administers equity and incentive plans, approves equity grants, and oversees compensation-related SEC disclosures. The audit committee met with the independent registered public accounting firm to review audit scope, results, internal controls and auditor independence. The company reports 1,769,599 shares issued and outstanding, 22,945 shares available under the Employee Stock Purchase Plan, and 79,576 shares available for future awards under the 2018 Equity Incentive Plan.
Lendway, Inc. reported several financing and governance changes tied to its Bloomia business. The company amended its existing credit facility, temporarily increasing the revolving borrowing capacity from $6,000,000 to $10,000,000 and allowing inventory in the Netherlands to remain eligible, in each case until April 30, 2026. The amendment also revises senior cash flow leverage covenants and, starting September 30, 2025, sets loan interest at term SOFR plus a margin of 3.00%–4.00% based on leverage. As of September 18, 2025, Lendway had $6.1 million outstanding under the revolver.
Lendway also entered into $4.0 million of unsecured Promissory Notes with Air T, Inc., AO Partners I, L.P., and Gary S. Kohler at a fixed 13.5% annual interest rate, maturing June 1, 2027, with proceeds expected to fund Bloomia operations and restrictions on new indebtedness. These lenders are significant shareholders and affiliates, and the transactions were pre-approved under the company’s related-party policy. In addition, Lendway adopted an amended LLC agreement with Tulp 24.1, LLC and Werner F. Jansen to fix membership percentages, prioritize repayment of unreturned capital contributions in future distributions, and exclude an expected $4 million contribution from pre-emptive rights.
Lendway, Inc. reported several financing and governance changes tied to its Bloomia business. The company amended its existing credit facility, temporarily increasing the revolving borrowing capacity from $6,000,000 to $10,000,000 and allowing inventory in the Netherlands to remain eligible, in each case until April 30, 2026. The amendment also revises senior cash flow leverage covenants and, starting September 30, 2025, sets loan interest at term SOFR plus a margin of 3.00%–4.00% based on leverage. As of September 18, 2025, Lendway had $6.1 million outstanding under the revolver.
Lendway also entered into $4.0 million of unsecured Promissory Notes with Air T, Inc., AO Partners I, L.P., and Gary S. Kohler at a fixed 13.5% annual interest rate, maturing June 1, 2027, with proceeds expected to fund Bloomia operations and restrictions on new indebtedness. These lenders are significant shareholders and affiliates, and the transactions were pre-approved under the company’s related-party policy. In addition, Lendway adopted an amended LLC agreement with Tulp 24.1, LLC and Werner F. Jansen to fix membership percentages, prioritize repayment of unreturned capital contributions in future distributions, and exclude an expected $4 million contribution from pre-emptive rights.
Air T and affiliated Swenson entities report a combined 701,275 shares of LENDWAY, Inc., representing 39.6% of outstanding common stock based on 1,769,599 shares. Air T holds 486,819 shares (27.6%), Nicholas J. Swenson holds 214,456 shares (12.1%) through various entities, AO Partners entities hold 139,444 shares (7.9%), Groveland Capital holds 60,284 shares (3.4%), and Glenhurst Co. holds 11,428 shares (0.6%).
The Reporting Persons paid approximately $7,371,211 in the aggregate. Financing arrangements include a Delayed Draw Term Note increased to $3,500,000 (8% interest on advances) and two Pari Passu promissory notes dated September 15, 2025: AO Partners I lent $1,699,844 and Air T lent $1,100,156, each bearing 13.5% interest and maturing June 1, 2027. The Pari Passu lenders may appoint a non-voting board observer until repayment. The parties state they may be deemed a "group" for reporting purposes but disclaim membership in a group. The shares held by Air T and the Swenson Group are reported separately.
Air T and affiliated Swenson entities report a combined 701,275 shares of LENDWAY, Inc., representing 39.6% of outstanding common stock based on 1,769,599 shares. Air T holds 486,819 shares (27.6%), Nicholas J. Swenson holds 214,456 shares (12.1%) through various entities, AO Partners entities hold 139,444 shares (7.9%), Groveland Capital holds 60,284 shares (3.4%), and Glenhurst Co. holds 11,428 shares (0.6%).
The Reporting Persons paid approximately $7,371,211 in the aggregate. Financing arrangements include a Delayed Draw Term Note increased to $3,500,000 (8% interest on advances) and two Pari Passu promissory notes dated September 15, 2025: AO Partners I lent $1,699,844 and Air T lent $1,100,156, each bearing 13.5% interest and maturing June 1, 2027. The Pari Passu lenders may appoint a non-voting board observer until repayment. The parties state they may be deemed a "group" for reporting purposes but disclaim membership in a group. The shares held by Air T and the Swenson Group are reported separately.
Lendway, Inc. reported that it issued a press release announcing its financial results for the three and six months ended June 30, 2025. The company furnished this press release as Exhibit 99.1 to the current report, indicating that detailed revenue, profit, and financial condition information for that period is contained in the attached exhibit rather than in the body of the report itself. The disclosure is designated as furnished, not filed, which limits how it is used for certain legal liability purposes under securities laws.