Form 8-K
8-K — Nordicus Partners Corp
Accession: 0001493152-26-047909
Filed: 2026-10-21
Period: 2026-10-21
CIK: 0001011060
SIC: 8742 (SERVICES-MANAGEMENT CONSULTING SERVICES)
Item: Entry into a Material Definitive Agreement
Item: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
Item: Financial Statements and Exhibits
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d)
Of
the Securities Exchange Act of 1934
October
21, 2026 (October 15, 2026)
Date
of report (date of earliest event reported)
Nordicus
Partners Corporation
(Exact
Name of Registrant as Specified in Charter)
Delaware
Commission
File No. 001-11737
04-3186647
(State
or Other Jurisdiction
of
Incorporation)
(Commission
File
Number)
(IRS
Employer
Identification
No.)
280
South Beverly Drive, Suite 505, Beverly Hills, CA 90212
(Address
of Principal Executive Offices)
(424)
256-8560
(Registrant’s
Telephone Number)
(Former
name or former address, if changed since last report.)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2 below):
☐
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of Each Class
Trading
Symbol(s)
Name
of each exchange on which registered
None
None
None
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
1.01 Entry into a Material Definitive Agreement.
On
October 15, 2026, Nordicus Partners Corporation (“we” or the “Company”) issued to ABCHill Holding ApS (the “Lender”)
a Promissory Note (the “Note”) in the principal amount of $147,000. The Note is payable on demand and bears interest at a
rate equal to the lesser of 6.0% per annum and the maximum rate permitted by applicable law. Interest is calculated on the basis of a
365-day year and actual days elapsed.
The
Lender is wholly owned and controlled by Christian Hill-Madsen, a Director of our subsidiaries Orocidin A/S and Bio-Convert A/S and CEO
of our subsidiary NP Bioinnovation A/S and COO of our subsidiary NoviThera ApS.
The
outstanding principal balance, together with all accrued and unpaid interest, is due and payable on demand by the Lender. In the event
of default, including nonpayment or certain insolvency events, the Lender may declare all amounts immediately due and payable and may
pursue customary remedies, including collection costs and attorneys’ fees. The Company may prepay the Note, in whole or in part,
at any time without premium or penalty. Payments made under the Note are applied first to accrued interest and then to principal.
A
copy of the Note is filed as Exhibit 10.1 to this Current Report on Form 8-K. The foregoing summary of the terms of the Note is subject
to, and qualified in its entirety by, the Note, which is incorporated herein by reference.
The
Note was issued in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended
(the “Securities Act”), as a transaction by an issuer not involving a public offering. The Lender is an entity controlled
by a director of the Company, had access to information concerning the Company, and represented that it acquired the Note for investment
purposes. The Note has not been registered under the Securities Act or any state or other applicable jurisdiction’s securities
laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements
of the Securities Act and applicable state or other jurisdiction’s securities laws.
This
current report on Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there
be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or jurisdiction.
Item
2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The
information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03 in its entirety.
Item
9.01. Financial Statements and Exhibits
The
following are filed as part of this Form 8-K:
(d)
Exhibits
Exhibit
Filed
or Furnished
Number
Exhibit
Description
Form
Exhibit
Filing
Date
Herewith
10.1
Promissory Note, dated October 15, 2026, issued by the Company to ABCHill Holding ApS.
X
104
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Page Interactive Data File (embedded within the Inline XBRL document)
X
SIGNATURES
Pursuant
to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report
to be signed on its behalf by the undersigned, thereunto duly authorized.
Dated:
October 21, 2026
NORDICUS
PARTNERS CORPORATION
By:
/s/
Henrik Rouf
Henrik
Rouf
Chief
Executive Officer
EX-10.1
EX-10.1
Filename: ex10-1.htm · Sequence: 2
Exhibit
10.1
Demand
Note
$147,000.00
October
15, 2026
Beverly
Hills, California
For
value received, Nordicus Partners Corporation, a Delaware corporation (“Maker”),
promises to pay to the order of ABCHill Holding ApS, a Danish private limited company
(“Payee”) at Mesterlodden 3A, 1, 2820 Gentofte, Denmark, or at such other location as Payee may from time to time
designate, the principal sum of One Hundred Forty Seven Thousand and no/100 Dollars ($147,000.00), or so much thereof as shall
be outstanding from time to time, together with interest thereon from the date hereof until this Note has been paid in full on the terms
and conditions contained herein.
1.
Interest shall accrue on the outstanding principal balance hereunder at a per annum rate equal to the lesser of (i) 6.0 percent and
(ii) the highest annual rate which may lawfully be charged and collected under applicable law on the obligations evidenced by this
Note. Interest hereunder shall be computed on the basis of a 365-day year and actual days elapsed.
2. The
entire unpaid principal balance, together with all accrued and unpaid interest, shall be due and payable on demand (the “Maturity
Date”). All accrued and unpaid interest shall be due and payable on the Maturity Date.
3. Maker
shall have the right to prepay this Note, in whole or in part, at any time without premium or penalty.
4. All
payments shall be applied first to interest on the outstanding principal balance at the interest rate stated in this Note and any balance
shall then be applied to reduction of principal, and interest shall thereafter cease on the principal so paid. Principal and interest
shall be payable in lawful money of the United States.
5. The
occurrence of any of the following shall constitute an “Event of Default” hereunder:
(a) Default
in the payment of any interest or principal on this Note when due or in the performance of any other obligation of Maker hereunder pursuant
to the terms hereof.
(b) The
filing by Maker of any petition for relief under any applicable bankruptcy or insolvency law.
Upon
the occurrence of any such Event of Default, then in addition to all other rights and remedies set forth herein, or at law or in equity,
the entire unpaid balance of principal on this Note, together with all accrued interest thereon may be declared by Payee to be immediately
due and payable without notice to Maker.
6. If
this Note is not paid when due or if an Event of Default occurs, Maker promises to pay all costs of collection, including, but not limited
to, reasonable attorneys’ fees incurred by Payee on account of such collection, whether or not suit is filed hereon.
7. Except
as expressly provided herein, Maker waives presentment, demand, notice, protest and all other demands or notices in connection with the
delivery, acceptance, endorsement, performance, default, or enforcement of this Note, assents to any and all extensions or postponements
of the time of payment or any other indulgence, to any substitution, exchange, or release of security, and/or to the addition or release
of any other party or person primarily or secondarily liable.
8. This
Note shall be governed by and construed in accordance with the laws of the State of California.
9. Reference
in this Note to “Payee” shall mean the original Payee hereunder so long as such payee shall be the holder of this Note and
thereafter shall mean any subsequent holder of this Note.
10. Time
is of the essence of each obligation of Maker hereunder.
11. No
delay or omission on the part of Payee in exercising any rights hereunder, or any other instrument given to secure this Note, whether
before or after a default or Event of Default hereunder or under said instruments, shall operate as a waiver of such right or default
or Event of Default or of any other right hereunder or under said instruments, and the acceptance at any time by Payee of any past-due
amounts shall not be deemed to be a waiver of the right to require prompt payment when due of any other amounts then or thereafter due
and payable hereunder or thereunder.
12. In
the event that any provision of this Note shall become declared inoperable by any Court or become inoperable as a result of any law or
ruling hereafter adopted by any governmental authority, the remainder of its terms shall remain in full force and effect and modification
of the terms hereof required by law shall apply as though the same were an original term or condition hereof.
13. The
remedies of Payee as provided herein or at law or in equity, shall be cumulative and concurrent, and may be pursued singly, successively,
or together at the sole discretion of Payee.
14. Maker
may not assign its duties and obligations under this Note without the prior written consent of Payee, which consent may be given or denied
in Payee’s sole and absolute discretion. Payee may not assign its rights, duties and obligations under this Note to any person
or entity, other than an affiliate of Payee, without the prior written consent of Maker, which consent may be given or denied in Maker’s
sole and absolute discretion.
Maker:
Nordicus Partners Corporation
a
Delaware corporation
By:
Bennett
J. Yankowitz
Chief
Financial Officer
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