MMEX Resources Corp 8-K, filed Sep 17, 2026
MMEX Resources Corp (MMEX)
About this 8-K
MMEX Resources Corp filed this 8-K on September 17, 2026.
Items reported
- Item 2.03: New debt or off-balance-sheet obligation
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 205490
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OFTHE SECURITIES EXCHANGE ACT OF 1934
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Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the reporting obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act: N/A
Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
Effective as of September 15, 2026, the Company entered into an agreement with GS Capital Partners, LLC whereby GS Capital exchanged the outstanding past-due convertible notes of the Company (with an aggregate outstanding balance of $1,639,329.68) for a new non-convertible note in the original principal amount of $1,377,164.84. The new note matures on the earlier of September 1, 2027 or the closing of a construction debt financing or project equity financing for either of the Company’s project subsidiaries. In lieu of interest, the new note requires the payment to the holder of a make-whole payment equal to $247,889.67 (18% of the principal balance).
Because the new note is not convertible into equity securities of the Company, GS Capital and the Company have instructed the Company’s transfer agent to cancel the reserve of approximately 15 billion shares of common stock which had been held to secure potential conversions of the formerly outstanding notes held by GS Capital.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| MMEX Resources Corporation | |||
| Date: September 17, 2026 | By: | /s/ Jack W. Hanks | |
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| Jack W. Hanks, President and | |
| Chief Executive Officer | |||
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