TRAK · ReposiTrak, Inc.

Summary

PC Group, Inc., a subsidiary of ReposiTrak, Inc., executed a Senior Unsecured Promissory Note with SPAR Marketing Force, Inc. on March 16, 2026, providing a loan facility of up to $4,000,000 in two tranches as part of a strategic commercial relationship. The Note includes 1,000,000 shares of SPAR Group, Inc. common stock at $0.80 per share, with guaranty and price protections.

Key takeaways

• Loan facility up to $4,000,000 principal
• Initial advance of $3,000,000 funded March 16, 2026
• Second tranche $1,000,000 available July 17, 2026
• 8.0% interest per annum, monthly interest-only payments starting April 17, 2026
• Maturity date March 16, 2029, prepayable without penalty
• 1,000,000 shares of SPAR Group common stock at $0.80 per share issued within 30 days
• Irrevocable guaranty by SPAR Group, Inc.
• Anti-dilution and price protection provisions on shares