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Adia Med repaid and terminated its unsecured revolving credit line with CEO Larry Powalisz. It paid $500,000 on Oct. 7, 2026, and $434,970.94 on Oct. 9, including $74,658.94 in accrued interest, for a total of $934,970.94.
Adia Med repaid and discharged its unsecured revolving line of credit on Oct. 9, 2026. Total payments to lender Larry Powalisz were $934,970.94, including $74,658.94 of accrued interest. The facility had been increased to a $1 million commitment, carrying 6% annual interest calculated daily. Disclaimer: This news brief