---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-003526"
form_type: "8-K"
ticker: "NGTF"
cik: "0001593001"
company_name: "NightFood Holdings, Inc."
filed_at: "2023-10-12T23:59:59+00:00"
generated_at: "2026-06-10T00:43:13.319481+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Nightfood closes $62k convertible note with Mast Hill Fund at $0.033 conversion

## Summary
- Issued promissory note for $62k principal ($52.7k net after $9.3k OID); matures Oct 5, 2024.
- Conversion price $0.033/share; holder capped at 4.99% beneficial ownership.
- Company may prepay before default; 150% acceleration upon default.
- Proceeds for working capital; note restricts dividends, additional debt, and asset sales.
- Private placement under Section 4(a)(2) exemption.

## SEC filing metadata
- accession: 0001013762-23-003526
- form_type: 8-K
- ticker: NGTF
- cik: 0001593001
- company_name: NightFood Holdings, Inc.
- filed_at: 2023-10-12T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1593001/000101376223003526/0001013762-23-003526-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593001/000101376223003526/ea186675-8k_nightfood.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-003526
- JSON: https://secwatch.observer/filing/0001013762-23-003526.json
- Plain text: https://secwatch.observer/filing/0001013762-23-003526.txt

## Key facts
- Debt Financings
  NightFood Holdings, Inc. incurred loan of $62,000.00 with Mast Hill Fund, L.P. maturing the 12-month anniversary of the Effective Date.
  - Instrument: loan
  - Principal: $62,000.00
  - Counterparty: Mast Hill Fund, L.P.
  - Maturity: the 12-month anniversary of the Effective Date
  - Event: incurrence
  source text: On October 6, 2023, Nightfood Holdings, Inc. (the “Company”) consummated the transactions pursuant to a Securities Purchase Agreement (the “Purchase Agreement”) dated as of October 5, 2023 (the “Effective Date”) and issued and sold to Mast Hill Fund, L.P. (“Mast Hill”), a Promissory Note (the “Note”) in the principal amount of $62,000.00
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593001/000101376223003526/0001013762-23-003526-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.