Amendment to Security Agreement by Dyadic International, Inc.
2025-09-16SEC Filing 8-K (0001493152-25-013635)
On September 15, 2025, Dyadic International, Inc. entered into an amendment to its Security Agreement dated March 8, 2024. The amendment updates Schedule A of the Security Agreement to reflect changes in the Secured Parties, including the addition of a trust for the benefit of the company's CEO, Mark Emalfarb. This trust was added as a result of Emalfarb's purchase and assignment of one of the company's Senior Secured Convertible Promissory Notes due March 8, 2027, with a principal amount of $1,000,000. The amendment is binding on all successors and assigns and remains governed by New York law.
Tickers mentioned in this filing:DYAI
The link to the original SEC document:https://www.sec.gov/Archives/edgar/data/1213809/0001493152-25-013635.txt