Urban Reblok'd Inc. has announced its intention to raise up to $1.2 million through a convertible promissory note offering, according to a recent SEC filing. This fundraising effort is significant for the company as it seeks to bolster its financial resources in a competitive market.

The filing, dated October 20, 2026, reveals that Urban Reblok'd plans to offer 400,000 convertible promissory notes at a price of $1 each. The offering is structured to include a commission fee of 6% on the total amount raised, payable at each closing. Additionally, the company will retain a 1% transaction fee on all payments made to investors, which will be deducted from the proceeds.

This move comes as Urban Reblok'd navigates a challenging market landscape, aiming to secure the necessary funding to support its operations and growth initiatives. The filing indicates that the company is open to oversubscriptions on a first-come, first-served basis, further emphasizing its commitment to attracting investors.

Background

Urban Reblok'd Inc., incorporated in Virginia, is a relatively new player in the market, having been established on May 11, 2023. The company has filed a limited number of recent filings with the SEC, including the current offering under Form C. With a small workforce of four employees, Urban Reblok'd reported total assets of approximately $24,947 in its most recent fiscal year, with revenues of $6,644.

What the Filing Says

The SEC filing outlines the specifics of the offering, stating: "Commission equaling 6% of the total amount raised payable at each closing." It also details the financial interest structure, which includes a 2% share of the total amount raised in the form of securities offered.

Impact

This offering may significantly impact Urban Reblok'd's financial stability and growth potential. By raising funds, the company aims to enhance its operational capabilities and compete more effectively in the market. The ability to attract investors across multiple states could also provide a broader base of support for its initiatives.

What's Next

The filing does not specify what happens next, but the offering is set to close by November 20, 2026. Urban Reblok'd will likely continue to engage with potential investors as it seeks to reach its fundraising goal.