Azio AI Holdings, Inc. filed a Form 8-K on October 23, 2026, disclosing that it entered into an unsecured revolving credit facility agreement of up to $2,300,000 with Azio Corporation on October 21, 2026.

Key Highlights

  • Facility size: The revolving credit facility provides a loan commitment of up to $2,300,000, inclusive of prior advances.
  • Prior advances folded in: Before entering the agreement, the lender had already provided the company $2,225,000 in prior advances, which are now deemed loans under the credit agreement.
  • Interest rate: The promissory note bears interest at 8.5% per annum, calculated on the basis of a 365- or 366-day year, as applicable.
  • Maturity: All outstanding loans and accrued interest are due on the first business day following the one-year anniversary of October 21, 2026.
  • Related-party connection: Chi Wei David Shiue, the former Chief Business Development Officer of the company and sole member of Alora LLC (a beneficial owner of more than 5% of the company's common stock), is the Chief Executive Officer, President, and a majority shareholder of the lender, Azio Corporation.
  • Use of proceeds: According to the filing, proceeds may be used for working capital and such other uses as determined by the company's Board of Directors.

Azio AI Holdings Establishes Unsecured Credit Line With Affiliated Lender Azio Corporation

According to the Form 8-K filed with the SEC, Azio AI Holdings, Inc. (NASDAQ:AZIO) entered into a Revolving Credit Facility Agreement with Azio Corporation, a California corporation, on October 21, 2026. The facility is unsecured and provides a loan commitment of up to $2,300,000. The company may request loans from time to time up to that commitment, and the lender may, in its sole discretion, fund amounts beyond the commitment with prior written consent. Amounts borrowed are evidenced by an unsecured revolving promissory note executed by the company and payable to the lender.

The filing notes that prior to entering the agreement, Azio Corporation had already provided the company $2,225,000 in advances. Under the credit agreement, those prior advances are treated as loans subject to the agreement's terms as of the October 21, 2026 effective date. The promissory note carries an interest rate of 8.5% per annum, with no payments of interest or principal due before the maturity date. The company disclosed that it may prepay outstanding loans in whole or in part at its sole discretion before maturity, and amounts prepaid may be reborrowed subject to the agreement's terms.

The filing identifies a related-party relationship: Chi Wei David Shiue, described as the company's former Chief Business Development Officer and the sole member of Alora LLC, which beneficially owns more than 5% of the company's outstanding common stock, serves as Chief Executive Officer, President, and a majority shareholder of Azio Corporation, the lender. The credit agreement contains customary events of default, including automatic acceleration in bankruptcy or insolvency events. The company may terminate the agreement at any time with not less than three days' written notice, while the lender may terminate with not less than 30 days' written notice. The filing also contains forward-looking statements, which the company states are subject to risks and uncertainties detailed in its most recent Annual Report on Form 10-K and subsequent periodic filings.

What Was Disclosed

Azio AI Holdings disclosed the entry into an unsecured $2,300,000 revolving credit facility with Azio Corporation, a related-party lender, effective October 21, 2026, incorporating $2,225,000 in prior advances and bearing interest at 8.5% per annum with a one-year maturity.