Positron issues $2 million in 20% unsecured promissory notes to investors

• Positron issued $2 million of unsecured promissory notes on Sept. 30, 2026, including $1.5 million to George Ortiz.
• Affiliated investor TISU Investments provided $400,000; an unrelated investor provided $100,000.
• Notes carry 20% annual interest; interim interest equals 10% of original principal due six months after issuance.
• Principal matures Sept. 30, 2027; prepayment permitted without penalty; payment default allows acceleration, bankruptcy triggers automatic acceleration.
• Lenders received warrants for 400,000 shares at a $2.00 exercise price, exercisable through Dec. 31, 2030.

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. Positron 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: 0001539497-26-002637), on October 02, 2026, and is solely responsible for the information contained therein.