• Kenilworth Systems Corp. issued a Convertible Note with USD 6 million principal on May 8, 2026, creating a new direct financial obligation.
• Note carries 6% simple interest, matures April 8, 2027, with holder-optional conversion starting Oct. 8, 2026 at 90% of 30-trading-day average VWAP preceding conversion notice.
• Failure to repay at maturity triggers one-time 5% extension fee on outstanding amount to extend maturity to Oct. 8, 2027.
• Board also authorized an MREG Loan for USD 1 million, although final executed loan documentation was not in place.

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. Kenilworth Systems Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-002966), on May 12, 2026, and is solely responsible for the information contained therein.