Item 1.02. Termination of a Material Definitive Agreement. On October 21, 2026, HyOrc Corporation (the “Company”) received a notice from ONENERGY GREENPOWER EAD and ON ENERGY EOOD (“OnEnergy”) purporting to discontinue the Company’s participation in a proposed Bulgarian waste-to-methanol project following an unsuccessful joint grant application under the parties’ agreement dated March 23, 2026.…
Filed Oct 26, 2026Accepted Oct 26, 2026, 6:06 AM EDTCIK 1070789Accession 0001493152-26-048335
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Item 1.02Item 1.02 - Termination of Material Agreement
Item
1.02. Termination of a Material Definitive Agreement.
On
October 21, 2026, HyOrc Corporation (the “Company”) received a notice from ONENERGY GREENPOWER EAD and ON ENERGY EOOD (“OnEnergy”)
purporting to discontinue the Company’s participation in a proposed Bulgarian waste-to-methanol project following an unsuccessful
joint grant application under the parties’ agreement dated March 23, 2026.
The
Company disputes the validity of the purported termination and maintains that the contractual conditions for such action have not been
established.
HyOrc
has formally challenged OnEnergy’s position, reserved its contractual and intellectual property rights, and remains open to a constructive
resolution.