Recent Updates — NRDE

Stark Novus Financial Inc. filed an amendment to its Form 8-K to include the audited and unaudited financial statements of Affinity Advisory Network, LLC and AAN Wealth Advisors, LLC (Affinity), along with pro forma combined financial information. The acquisition closed on July 15, 2026, for aggregate consideration including $6,720 in cash, 80,000 shares of Stark Class A common stock, and equity equal to 15% of the buyer's post-closing shares, plus contingent earnouts up to $1,312. Affinity generated $3,910,000 in revenue for the year ended December 31, 2025, operating as a network supporting insurance distribution and registered investment advisory services. The company operates in the financial services industry, providing integrated retirement, investment, and estate planning solutions through insurance distribution and fiduciary-based wealth management.

Stark Novus Financial Inc. entered into an Omnibus Amendment to Financing Documents with Foxpoint Florida LLC and related borrowers on August 18, 2026. The amendment defers monthly interest payments due for June through September 2026 until the closing of a sale of billboard assets in Central Florida (the Orlando Sale). The company extended the deadline for executing a letter of intent for this sale to August 25, 2026. Net proceeds from the sale will first pay off amounts owed to lenders. Additionally, the guarantor pledged a billboard asset in Bridgeton, Missouri, as collateral for any shortfall and a Bakersfield, California asset as security upon default events. Stark Novus Financial Inc. operates in the financial services industry, specifically providing lending secured by advertising assets.

On July 15, 2026, Stark Novus Financial Inc. completed the acquisition of Affinity Advisory Network, LLC and AAN Wealth Advisors, LLC. Consideration included $6,720,000 in cash, 80,000 shares of Class A common stock, and 15% of the Buyer's issued and outstanding shares. Sellers are eligible for a contingent earnout of up to $1,312,000 based on insurance-writing thresholds. Additionally, the company changed its name from Nu Ride Inc. to Stark Novus Financial Inc. on July 21, 2026, and will trade on the OTC under the ticker symbol "SNFI". The company operates in the financial services industry, providing advisory and wealth management services.