Bradbury Capital Inc. filed a Form 6-K on October 26, 2026, disclosing that its wholly owned subsidiary, Super Apps Holdings Sdn. Bhd., received a demand letter from MobilityOne Sdn. Bhd. on October 23, 2026, seeking payment of RM40,000,000 under a Share Sale Agreement.

Key Highlights

  • Demand received: Super Apps Holdings Sdn. Bhd. received a demand letter from MobilityOne Sdn. Bhd. on October 23, 2026, seeking RM40,000,000 (approximately USD $9,794,324, assuming an exchange rate of MYR to USD of 0.245).
  • Underlying agreement: The payment obligation arises from a Share Sale Agreement dated October 19, 2022, as amended by a Supplemental Agreement dated February 29, 2024.
  • Payment trigger: The amount became due within fourteen days of the completion of the business combination between Technology & Telecommunication Acquisition Corporation and Bradbury Capital Holdings Inc., which closed on October 6, 2026, making the payment due on October 20, 2026.
  • Active discussions: According to the filing, "the parties are in active discussions regarding revising the terms and conditions of the SSA, including the payment due date."
  • Rationale cited: The company disclosed that the original economic terms of the SSA "were determined four years ago," and revisions are being considered "to better account for the current business environment."

MobilityOne Demands RM40 Million From Bradbury Capital Subsidiary Following Business Combination Closing

Bradbury Capital Inc., a Cayman Islands exempted company listed on NASDAQ:BBCI, disclosed in a Form 6-K filed October 26, 2026, that its wholly owned subsidiary, Super Apps Holdings Sdn. Bhd. ("SuperApps"), received a demand letter from MobilityOne Sdn. Bhd. ("M1") on October 23, 2026. The demand calls for payment of RM40,000,000, which the filing states is approximately USD $9,794,324, based on an assumed exchange rate of MYR to USD of 0.245.

According to the filing, the payment obligation is rooted in a Share Sale Agreement ("SSA") originally dated October 19, 2022, between SuperApps and M1, subsequently amended by a Supplemental Agreement dated February 29, 2024. The SSA required SuperApps to remit the RM40,000,000 within fourteen days of the closing of the business combination between Technology & Telecommunication Acquisition Corporation and Bradbury Capital Holdings Inc. The filing states that business combination was completed on October 6, 2026, making the payment due on October 20, 2026.

The filing notes that the parties are in active discussions about revising the SSA's terms, including the payment due date, citing that the original economic terms were established four years ago. The Form 6-K was signed by Loo See Yuen, Chief Executive Officer and Director of Bradbury Capital Inc., and covers the month of October 2026 under Commission File Number 001-43500.

What Was Disclosed

Bradbury Capital Inc. disclosed, via Form 6-K for the month of October 2026, that subsidiary Super Apps Holdings Sdn. Bhd. received a RM40,000,000 payment demand from MobilityOne Sdn. Bhd. following the October 6, 2026, closing of a business combination, with both parties in discussions to revise the agreement's terms.