Nordicus Partners Issues $1.2 Million in Convertible Debt

• Nordicus Partners issued $1.2 million of Convertible Grid Promissory Notes to four investors on November 5, 2026, raising $1 million.
• The notes bear 5% annual interest and mature on November 3, 2027, when principal becomes payable.
• Investors will receive 500,000 common shares as consideration for their funding commitments.
• Conversion is permitted only during default from August 3, 2027, at 90% of common stock's preceding 10-trading-day VWAP.
• The company must file a registration statement covering resale of shares issuable upon conversion by December 1, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nordicus Partners Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-050992), on November 10, 2026, and is solely responsible for the information contained therein.