Namib Minerals Amends $3.5M Promissory Note
Ticker: NAMMW · Form: 6-K · Filed: Dec 9, 2025 · CIK: 2026514
| Field | Detail |
|---|---|
| Company | Namib Minerals (NAMMW) |
| Form Type | 6-K |
| Filed Date | Dec 9, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $3.5 million, $0.0001, $300,000, $200,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, amendment, financing
TL;DR
Namib Minerals amended its $3.5M note with Cohen & Co. from Sept 2025.
AI Summary
Namib Minerals entered into an Amended and Restated Promissory Note on December 9, 2025, modifying an original note issued on September 30, 2025, with a face value of $3.5 million to Cohen & Company Securities, LLC. This amendment relates to outstanding payment obligations.
Why It Matters
This filing clarifies the terms of an existing debt obligation, providing transparency to investors regarding the company's financial commitments.
Risk Assessment
Risk Level: low — The filing is an amendment to an existing note and does not introduce new significant financial risks.
Key Numbers
- $3.5M — Promissory Note Value (Face value of the original note issued to Cohen & Company Securities, LLC.)
Key Players & Entities
- Namib Minerals (company) — Filer and party to the promissory note
- Cohen & Company Securities, LLC (company) — Lender and party to the promissory note
- $3.5 million (dollar_amount) — Face value of the original promissory note
- September 30, 2025 (date) — Date the original promissory note was issued
- December 9, 2025 (date) — Date the Amended and Restated Promissory Note was entered into
FAQ
What is the purpose of the Amended and Restated Promissory Note?
The Amended and Restated Promissory Note modifies the terms of the original note issued on September 30, 2025, in connection with outstanding payment obligations.
Who are the parties involved in the promissory note?
The parties are Namib Minerals (the Company) and Cohen & Company Securities, LLC.
What was the original face value of the promissory note?
The original promissory note had a face value of $3.5 million.
When was the original promissory note issued?
The original promissory note was issued on September 30, 2025.
When was the Amended and Restated Promissory Note entered into?
The Amended and Restated Promissory Note was entered into on December 9, 2025.
Filing Stats: 520 words · 2 min read · ~2 pages · Grade level 15.2 · Accepted 2025-12-09 16:00:07
Key Financial Figures
- $3.5 million — a promissory note with a face value of $3.5 million (the “Original Note”) to Co
- $0.0001 — r of Company ordinary shares, par value $0.0001 (“Ordinary Shares”), that m
- $300,000 — ayments are to be in an amount equal to $300,000 and the last payment is to be $200,000.
- $200,000 — $300,000 and the last payment is to be $200,000. To the extent the Company elects to ma
Filing Documents
- ea0268916-6k_namib.htm (6-K) — 13KB
- ea026891601ex10-1_namib.htm (EX-10.1) — 37KB
- 0001213900-25-119650.txt ( ) — 52KB
SIGNATURES
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, thereunto duly authorized. NAMIB MINERALS By: /s/ Ibrahima Tall Name: Ibrahima Tall Title: Chief Executive Officer Date: December 9, 2025 2