Financing ·
Fathom Holdings extends maturity of convertible notes to Nov 30 and defers interest
FTHMFathom Holdings Inc.
Fathom Holdings Inc. entered into a Third Omnibus Amendment to its Senior Secured Convertible Promissory Notes, extending the maturity date from November 1, 2026, to November 30, 2026. The amendment defers all accrued and unpaid interest until the new maturity date or upon conversion, prepayment, or acceleration. A weekly extension fee of 0.5% of the outstanding principal will accrue on November 9, 16, 23, and 30, 2026, if any principal remains outstanding. The existing 18% per annum interest rate continues to apply. This related-party transaction was approved by independent board members, with Chairman Scott Flanders acting as a holder. Fathom Holdings Inc. operates in the financial services industry.