On September 28, 2026, Nomad Power Solutions entered into a Note Purchase Agreement with an accredited investor to issue $6.57 million in Original Issue Discount Secured Promissory Notes for gross proceeds of $6.0 million. The notes carry a 9% annual interest rate and mature 12 months from the purchase price date. The company paid $30,000 in fees and granted a security interest in its assets, including equity interests, goods, equipment, and accounts receivable, under a Security Agreement. Wholly owned subsidiaries Lixte Biotechnolgy, Inc. and Liora Technologies Europe Ltd. executed Guaranty Agreements to secure the indebtedness. The investor holds redemption rights starting at the six-month anniversary, allowing up to $800,000 in monthly redemptions with two trading days' notice for payment. Nomad Power Solutions operates in the power solutions industry.
