CIRC is trading 4.29% up now at $0.73 after Circle8 announced a definitive settlement with SPP Credit Advisors.
- The agreement cancels and discharges the company’s $35 million convertible seller’s note, removes future conversion rights and potential dilution, resolves litigation, cures defaults, and restores contractual interest rates.
- Remaining financing obligations were also restructured, providing a clear company-specific catalyst for the August 11, 2026 move.