Recent Updates — PAYD

Paid, Inc. extended its Forbearance and Loan Modification Agreement with Embolx, Inc., effective October 31, 2026, pushing the maturity of a $5,967,100 secured note to January 31, 2027. The extension follows previous amendments in September 2025 and August 2026 that had deferred repayment deadlines due to prior defaults. This agreement maintains the 25% interest rate on the debt while providing additional time for resolution. Paid, Inc. operates in the financial technology sector.

Paid, Inc. entered into a letter agreement on August 31, 2026, extending its Forbearance Agreement with Embolx, Inc., through October 31, 2026. This extension modifies the terms of a $5,967,100 secured note receivable that was previously in default and carries a 25% interest rate. The agreement provides Paid additional time to manage the distressed asset while maintaining its security interest in substantially all of Embolx's assets. Paid operates in the financial technology industry, providing payment processing solutions.