CHASE GENERAL CORP

Item 1.01. Entry into a Material Definitive Agreement On August 31, 2026, Dye Candy Company, a subsidiary of Chase General Corporation (the “Company”), entered into and consummated an Agreement for Deed in Lieu of Foreclosure (the “Agreement”), and related Bill of Sale and Warranty Deed, between Dye Candy Company and its lender, G.W. Chase Candy Company LLC (the “Lender”). As previously disclosed, Dye Candy Company was in default under its loan documents. Pursuant to the terms of the Agreement and the related closing documentation, and in lieu of the Lender exercising its foreclosure remedies under its loan documents with Dye Candy Company, Dye Candy Company voluntarily transferred to the Lender substantially all of its business assets, excluding cash and certain other excluded assets. The transferred assets also constituted substantially all of the Company’s business assets. In connection with the transaction, the Lender released Dye Candy Company from any and all outstanding payment obligations under the loan documents. The principal amount of the indebtedness discharged totaled approximately $500,000, plus accrued interest, as of the closing date. Following the closing, the Company and Dye Candy Company retain no residual interest or rights in the transferred assets and will cease to have any ongoing business operations, other than activities associated with winding up their affairs. The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement and the related Bill of Sale and Warranty Deed, copies of which are filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference. Item 2.01. Completion of Acquisition or Disposition of Assets. On August 31, 2026, pursuant to the Agreement described in Item 1.01 of this Current Report on Form 8-K, Dye Candy Company transferred substantially all of its business assets to the Lender. Such assets constituted substantially all of the Company's business assets. The information disclosed in Item 1.01 of this Current Report on Form 8-K is hereby incorporated herein by reference. Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── 10.1 Agreement for Deed in Lieu of Foreclosure, Bill of Sale and Warranty Deed, dated August 31, 2026. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

Item 2.01. Completion of Acquisition or Disposition of Assets. On August 31, 2026, pursuant to the Agreement described in Item 1.01 of this Current Report on Form 8-K, Dye Candy Company transferred substantially all of its business assets to the Lender. Such assets constituted substantially all of the Company's business assets. The information disclosed in Item 1.01 of this Current Report on Form 8-K is hereby incorporated herein by reference.