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Fly-E Group hit with lender complaint seeking at least $3.9 million after credit facility default
An 8-K filed on 4 November 2026 shows Peapack Private Bank & Trust sued Fly-E Group and related guarantors in New York state court on 30 October 2026, seeking at least $3.9 million in outstanding principal on a revolving credit facility.
XTI Aerospace subsidiary defaults on $4.51 million in seller notes, triggering cross-default on JPMorgan credit line
A Form 8-K filed by XTI Aerospace, Inc. on 16 October 2026 shows its subsidiary XTI Drones Holdings, LLC missed principal payments on two seller promissory notes, triggering an event of default and a cross-default under its JPMorgan Chase credit facility.
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