T-REX Acquisition Corp. 8-K

What Happened
T-REX Acquisition Corp (TRXA) reported in an 8-K (filed April 1, 2026) that it cured a default on a note secured by a deed of trust for its Orofino, Idaho data center. The principal and accrued interest due on the note was approximately $325,000. On March 24, 2026 the company refinanced the deed of trust, replacing the prior defaulted obligation with two new amounts due in 2027. A press release titled “T-REX Acquisition Corp Completes Refinancing of its Orofino, Idaho Data Center” was issued on March 31, 2026 and is included as an exhibit.

Key Details

• Principal and accrued interest due on the original note: approximately $325,000.
• Refinancing completed on March 24, 2026: $240,000 due March 24, 2027.
• Second payment under refinance: $128,000 due June 20, 2027.
• Company published a related press release on March 31, 2026 (Exhibit 99.1).

Why It Matters
Curing the default removes the immediate risk associated with the delinquent note (e.g., potential foreclosure or lender remedies) and replaces it with scheduled payments in 2027. For investors, this changes the company’s short-term cash obligations—spreading payment timing into next year—and is a material event affecting debt status. Review upcoming financial reports and the attached press release for further details on any related covenant changes, cash impact, or additional financing arrangements.