High-Trend International fully repays Streeterville loan, reducing share overhang and strengthening balance sheet

High-Trend International Group has fully repaid its financing with Streeterville Capital, terminating related agreements and removing a potential market overhang. The company reacquired 630,000 Class A shares originally set for resale, reducing future trading supply. Additionally, it issued a $2.6 million promissory note to its controller and former chairman, with 5% interest payable in one year. This move strengthens the company's balance sheet and market position in international shipping.