Odyssey Health extends promissory note maturity
Odyssey Health, Inc. reported that on October 9, 2025 it entered into Amendment No. 6 to its promissory note issued on December 13, 2022 with Mast Hill Fund, L.P.
Rhea-AI Filing Summary
Odyssey Health, Inc. reported that on October 9, 2025 it entered into Amendment No. 6 to its promissory note issued on December 13, 2022 with Mast Hill Fund, L.P.
Under this amendment, the maturity date of the promissory note is extended to April 30, 2026, giving the company more time before the debt comes due. The amendment also deletes Section 4.16 titled “Amortization Payments” in its entirety, while all other terms and conditions of the note remain the same.
Positive
- None.
Negative
- None.
Insights
Debt maturity is pushed to April 2026, with amortization removed while other terms stay intact.
The company has amended its promissory note with Mast Hill Fund, L.P., moving the maturity date to April 30, 2026. Extending a maturity generally reduces near-term repayment pressure by giving the borrower more time before principal is due.
The amendment also deletes the “Amortization Payments” section, which suggests previously scheduled installment payments are no longer required under that clause. With all other terms unchanged, the economic impact will depend on the note’s original size, interest rate, and covenants, which are not detailed here.
Investors may focus on how this extended timeline to April 30, 2026 affects Odyssey Health’s cash needs and funding plans, as future disclosures could clarify whether this change improves liquidity or simply defers obligations.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Odyssey Health, Inc. (ODYY) announce in this 8-K?
Which promissory note did Odyssey Health (ODYY) amend?
What is the new maturity date of Odyssey Health’s note with Mast Hill Fund?
What change was made to amortization payments for Odyssey Health’s promissory note?
Did Odyssey Health (ODYY) change any other terms of the Mast Hill promissory note?
Where can investors find the full text of Amendment No. 6 for Odyssey Health?
AI-generated analysis. How Rhea-AI works. Not financial advice.