{"url_path":"/sec/sgrp/10-k/2026/item-9b","section_key":"item-9b","section_title":"Item 9B Other Information **","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-03-31","source_url":"https://www.sec.gov/Archives/edgar/data/1004989/0001437749-26-010508-index.html","accession_number":"0001437749-26-010508","cik":"0001004989","ticker":"SGRP","issuer_name":"SPAR Group, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1004989/0001437749-26-010508-index.html","primary_entity_key":"0001004989","primary_entity_name":"SPAR Group, Inc."},"word_count":302,"has_tables":true,"body_markdown":"**Item 9B. Other Information **\n\n \n\na. During the *fourth* quarter of *2025,* none of our directors or executive officers adopted or terminated any “Rule *10b5*-*1* trading arrangement” or “non-Rule *10b5*-*1* trading arrangement” (as each term is defined in Item *408*(a) of Regulation S-K).\n\n \n\nb. As previously disclosed in the Current Report on Form *8*-K filed with the U.S. SEC on *March 19, 2026,*SPAR Marketing Force, Inc. (\"SMF\"), a wholly owned subsidiary of the Company, issued a Senior Unsecured Promissory Note (the \"Original Note\") to PC Group, Inc. (\"PC Group\") evidencing a *$4,000,000* unsecured loan arrangement.\n\n \n\nOn *March 27, 2026,*SMF issued an Amended and Restated Senior Unsecured Promissory Note (the \"New Note\") to PC Group, which amends, restates and replaces, in its entirety, the Original Note. The New Note has substantially identical terms and conditions to the Original Note, except as follows: (a) the New Note is effective as of *March 17, 2026 (*the \"Effective Date\"); (b) at the maturity date of the New Note, *$800,000,* subject to adjustment as described in the New Note, will be credited against the outstanding loan amount; and (c) SMF will be required to make cash payments to maintain the value of the equity consideration issued pursuant to the New Note, up to a maximum of *$800,000,* if (*x*) the Company issues or sells common stock (or convertible equity securities) at a price below *$0.80* per share and (y) on each anniversary of the Effective Date, if on such date the Company's common stock is trading at less than *$0.80* per share.\n\n \n\nThe foregoing description of the New Note does *not* purport to be complete and is qualified in its entirety by the terms and conditions of the New Note, which is filed as Exhibits *10.77,* to this Annual Report on Form *10*-K and incorporated herein by reference."}