I am unable to find any specific information linking a $3 million promissory note issued on September 17, 2025, directly to a proposed merger involving "Commercial Bancorp." My search of recent SEC filings and financial news around that date did not yield a direct connection between these specific events.
While there are several recent filings concerning promissory notes and merger agreements from various companies around September 2025, none of them involve an entity explicitly named "Commercial Bancorp" in conjunction with a $3 million note on that exact date. For example:
- AtlasClear Holdings, Inc. filed an exhibit for a convertible promissory note dated September 16, 2025, but the amount was not specified as $3 million, and there was no mention of a merger involving Commercial Bancorp.
- Seacoast Banking Corporation of Florida entered into a merger agreement with Villages Bancorporation, Inc. on May 29, 2025, but this transaction does not reference Commercial Bancorp or the specific promissory note in question.
- WinVest Acquisition Corp. had discussions around September 2025 regarding various promissory notes related to extending the deadline for a business combination, including aggregate notes of $4.22 million and monthly extension payments, but no direct link to Commercial Bancorp or a $3 million note on September 17, 2025.
- Safe & Green Holdings Corp. had a prospectus dated September 17, 2025, and mentioned a $2 million promissory note from June 3, 2025, but not a $3 million note on the specified date or a merger with Commercial Bancorp.
It is possible that the "Commercial Bancorp" you are referring to is a private entity, a subsidiary, or part of a larger organization, or that the details of the promissory note or merger are not publicly available or have been misidentified. Without more specific details or a direct public filing linking these events, it is not possible to assess the impact of such a note on a merger.