Odyssey Health (OTC: ODYY) extends LGH convertible note to Jan. 31, 2026
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Odyssey Health, Inc. entered into Amendment No. 10 with LGH Investments, LLC, effective as of July 31, 2025, to modify an existing convertible promissory note. Under this amendment, the maturity date of the note is extended to January 31, 2026, giving the company additional time before the debt becomes due, while all other terms and conditions of the note remain unchanged.
The company has filed the form of Amendment No. 10 to the convertible promissory note as an exhibit, making the detailed terms available for review. This update reflects a negotiated change with a financing partner rather than a new financing arrangement.
Positive
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8-K Event Classification
3 items: 1.01, 2.03, 9.01
3 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 2.03
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Financial
The company incurred a new significant debt or off-balance-sheet obligation.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What change did Odyssey Health, Inc. (ODYY) make to its note with LGH Investments?
Odyssey Health, Inc. entered into Amendment No. 10 with LGH Investments, LLC, extending the maturity date of its existing convertible promissory note to January 31, 2026 while keeping all other terms the same.
When is the amended Odyssey Health (ODYY) note with LGH Investments now due?
Following Amendment No. 10, the maturity date of the Odyssey Health note with LGH Investments, LLC is now January 31, 2026.
Did Amendment No. 10 change any terms of the Odyssey Health (ODYY) note other than maturity?
According to the disclosure, all other terms and conditions of the note between Odyssey Health, Inc. and LGH Investments, LLC remain the same; only the maturity date was extended.
When was Amendment No. 10 between Odyssey Health (ODYY) and LGH Investments effective?
Amendment No. 10 to the note between Odyssey Health, Inc. and LGH Investments, LLC was stated to be effective as of July 31, 2025.
Where can investors see the full terms of Odyssey Health’s Amendment No. 10?
The form of Amendment No. 10 to the Convertible Promissory Note with LGH Investments, LLC is filed as Exhibit 10.1, making the detailed terms available for review.
What type of security is subject to Odyssey Health’s Amendment No. 10 with LGH Investments?
The amendment relates to a convertible promissory note between Odyssey Health, Inc. and LGH Investments, LLC, as referenced in Exhibit 10.1.