INUVO Finalizes $1.3M Debt Exchange Agreement with Streeterville Capital

INUVO, Inc. completed a debt exchange agreement with Streeterville Capital, LLC on October 27, 2026, refinancing a prior obligation. The company exchanged $1.2 million of principal from its Secured Promissory Note B for a new Secured Promissory Note A-2 with a principal amount of $1.308 million. This transaction also resulted in the release of $1.2 million from a restricted cash account.

Key Details

• New Note: The new Secured Promissory Note A-2 has a principal value of $1,308,000.
• Terms: The note matures on June 29, 2028, and carries a 9.00% annual interest rate, compounding daily.
• Cash Unlocked: As a result of the exchange, $1.2 million was released from a restricted company bank account.
• Redemption Rights: Beginning March 29, 2027, the lender may redeem up to $750,000 per calendar month plus make-whole interest.