Paragonx Holdings Eliminates Over $2.5 Million in Debt

Reuters

Jan 07

Paragonx Holdings Eliminates Over $2.5 Million in Debt

Paragonx Holdings Inc., now operating as CAVU Resources Inc. (OTC:CAVR), has announced the settlement and elimination of over $2.5 million in prior debt. The company resolved all outstanding creditor claims under Section 3(a)(10) of the Securities Act of 1933, with remaining debt converted to stock at a fixed price of $0.0025 per share, aiming to prevent future dilution. This move significantly improves the company’s balance sheet and positions it to focus on core business operations and future growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paragonx Holdings Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1124876) on January 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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ID: 1124876) on January 07, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CAVR","symbol_name":"CAVU Resources Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260107:nNDL4tcbLQ:1","article_id":"2601980620","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2601980620","pubTimestamp":1767794442,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Paragonx Holdings Inc., now operating as CAVU Resources Inc. , has announced the settlement and elimination of over $2.5 million in prior debt. 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This move significantly improves the company’s balance sheet and positions it to focus on core business operations and future growth.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paragonx Holdings Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1124876) on January 07, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}