Azio AI Holdings: enters revolving credit facility of $2,300,000

What happened Azio AI Holdings, Inc. filed an 8-K reporting that on Oct 21, 2026 it entered into a Revolving Credit Facility Agreement with Azio Corporation providing an unsecured revolving credit facility of up to $2,300,000. The filing states that prior advances of $2,225,000 made by the lender before the agreement are deemed Loans under the Credit Agreement and will be evidenced by an unsecured revolving promissory note. The promissory note will bear interest at 8.5% per annum and no payments of interest or principal are due prior to the maturity date. The Credit Agreement will mature on the first business day following the one-year anniversary of the Effective Date.

Key details

• loan commitment: up to $2,300,000; prior advances of $2,225,000 are deemed loans as of Oct 21, 2026.
• interest: 8.5% per annum, calculated on a 365- or 366-day year; no interest or principal payments due before the maturity date.
• maturity and prepayment: agreement matures on the first business day following the one-year anniversary of the Effective Date; company may prepay any outstanding loans at any time.
• termination and default: company may terminate with not less than 3 days’ written notice after repaying amounts due; lender may terminate with at least 30 days’ written notice and may accelerate unpaid amounts upon events of default (automatic on bankruptcy/insolvency).
• related party: Chi Wei David Shiue, a former chief business development officer of the company and sole member of Alora LLC (a beneficial owner of more than 5% of the company’s common stock), is CEO and President and a majority shareholder of the lender.

Why it may matter

• Item reported: Item 1.01 (entry into a material definitive agreement) and Item 2.03 (creation of a direct financial obligation) were reported in the 8-K; the items cover the Credit Agreement and the resulting loans under the promissory note.
• the filing provides the material terms of the credit facility, including the amount, interest rate, maturity framework, prepayment and default provisions, and a related-party disclosure.
  The filing does not show why the insider traded or why the company acted.