{"url_path":"/sec/bspk/8-k/2026-07-06/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-06","source_url":"https://www.sec.gov/Archives/edgar/data/1409197/0001213900-26-075364-index.html","accession_number":"0001213900-26-075364","cik":"0001409197","ticker":"BSPK","issuer_name":"Bespoke Extracts, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1409197/0001213900-26-075364-index.html","primary_entity_key":"0001409197","primary_entity_name":"Bespoke Extracts, Inc."},"word_count":398,"has_tables":true,"body_markdown":"**Item 1.01 Entry into a Material Definitive Agreement.**\n\n \n\nOn June 30, 2026, Bespoke Extracts, Inc. (the\n“Company”) entered into a First Amendment (the “Amendment”) to its outstanding Senior Secured Promissory Notes\noriginally issued in December 2024 (the “Notes”) with the holders thereof (the “Holders”). The Amendment was executed\npursuant to Section 8 of the Notes, which permits amendment upon the consent of holders of a Simple Majority of the series’ outstanding\nprincipal, with such amendment binding upon all Holders.\n\n \n\n**Extension of Maturity Date.** The Amendment\nextends the maturity date of the Notes from June 30, 2026 to August 14, 2026 (the “Extended Maturity Date”). All principal,\naccrued interest, and other obligations under the Notes shall be due and payable in full on the Extended Maturity Date.\n\n \n\n**Enhanced Interest Rate.** For the period\nfrom July 1, 2026 through the Extended Maturity Date, the interest rate on the Notes is increased from 15% per annum to 17% per annum.\nAll interest accrued through June 30, 2026 at the original rate of 15% per annum remains due and payable in accordance with the terms\nof the Notes.\n\n \n\n**Extension Fee — Share Issuance.** As\nconsideration for the extension, the Company agreed to issue to each Holder a number of shares of the Company’s common stock, par\nvalue $0.001 per share (the “Extension Shares”), equal in value to 10% of such Holder’s outstanding principal under\nthe applicable Note. The number of Extension Shares issuable to each Holder will be calculated based on the 10-day volume-weighted average\nprice (“VWAP”) of the Company’s common stock ending June 30, 2026. In the aggregate, the Company expects to issue 287,719\nshares of Common Stock to the Holders in connection with the Amendment, representing 10% of $410,000 in aggregate outstanding principal,\nbased on a 10-day VWAP of $0.1425 per share. The Extension Shares will be issued within 30 days of the date of the Amendment.\n\n \n\n**No Other Changes.** Except as expressly\namended by the Amendment, the Notes remain in full force and effect, including the senior secured status of the Notes and all related\nliens and security interests.\n\n \n\nThe foregoing description of the Amendment does\nnot purport to be complete and is qualified in its entirety by reference to the full text of the Form of Amendment, a copy of which is\nfiled as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference."}