GridAI Technologies Corp.: amends convertible note to $3,500,000

What happened The Company reported that on Oct 1, 2026 it entered into that certain Second Amended and Restated Secured Convertible Note with Pronghorn Resources, LLC, which amended the note to reflect an aggregate principal amount of $3,500,000. In connection with the Second Amended and Restated Secured Convertible Note, the Parties entered into a Second Amendment to Security Agreement effective Oct 1, 2026. The filing refers to prior related filings on Jul 23, 2026 and Sep 11, 2026 and to an earlier Amended and Restated Secured Convertible Promissory Note dated Sep 4, 2026.

Key details

• Original loan reported in prior filings: $2,000,000.
• Second loan reflected in the Sep 4, 2026 amendment: $964,000.
• Third loan reflected in the Second Amended Note dated Oct 1, 2026: $536,000.
• Aggregate principal amount under the Second Amended Note: $3,500,000.

Why it may matter The filing reports Item 1.01 (entry into a material definitive agreement), covering the Second Amended and Restated Secured Convertible Note between the Company and Pronghorn Resources, LLC and the Second Amendment to the Security Agreement. The filing does not show why the insider traded or why the company acted.