UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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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 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.
On July 20, 2026, Dye Candy Company, a subsidiary of Chase General Corporation (the “Company”), received a notice of default from the current holder of its indebtedness, which indebtedness is secured by all or substantially all of the assets of Dye Candy Company. The notice states that Dye Candy Company failed to make a required principal payment that was due on July 17, 2026. The notice indicates that the lender intends to pursue its remedies if the lender is not paid in full. The amount currently outstanding under the indebtedness is approximately $500,000. The Company and Dye Candy Company are evaluating the notice and are engaged in discussions with the lender regarding a potential resolution.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. | |
Description | |
104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document) |
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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.
CHASE GENERAL CORPORATION | |||
Date | July 24, 2026 | ||
/s/ Barry M. Yantis | |||
Name: Barry M. Yantis | |||
Title: Chief Executive Officer and Chief Financial Officer, President and Treasurer | |||
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