$PMHS·8-K

Polomar Health Services, Inc. · May 15, 5:14 PM ET

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Polomar Health Services, Inc. 8-K

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Polomar Health Services, Inc. Allows Security Interest on Subsidiary IP

What Happened

  • On May 15, 2026, Polomar Health Services, Inc. (PMHS) filed an 8-K stating that, consistent with its Merger Agreement, the company (with the unanimous written consent of its Board and the written consent of a majority of its stockholders) consented to allow Altanine to grant a security interest in the assets of its wholly owned subsidiary, Pinata Holdings, Inc. (“Pinata”), to CWR 1, LLC (“CWR 1”) as part of a modification to a note between Altanine and CWR 1.
  • The pledged collateral for CWR 1 includes all of Pinata’s patent claims, pending and future patents, and other intangible assets. Altanine also granted a security interest in all of Altanine’s assets, including its deposit accounts. CWR 1 is an affiliate of both Polomar and Altanine.

Key Details

  • Filing date: May 15, 2026 (Form 8-K).
  • Collateral: All Pinata patent claims, pending and future patents, and other intangible assets; plus all assets of Altanine, including deposit accounts.
  • Approval: Consent was given after unanimous Board approval and written consent of a majority of stockholders.
  • Related filings: The company attached a Consent and Waiver Agreement (Exhibit 10.1) and other related agreements as exhibits.

Why It Matters

  • This action encumbers the company’s and its subsidiary’s intellectual property and other assets as collateral for a related-party note modification, which affects creditor priority and the company’s unencumbered asset base.
  • For investors, the key facts are the involvement of an affiliate lender (CWR 1) and the inclusion of core intangible assets (patents) and deposit accounts as secured collateral—items that can affect future financing flexibility and potential asset transfers.
  • The filing documents the company’s formal consent and the executed agreements are filed as exhibits for investors to review.

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