{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-006063","form_type":"8-K/A","ticker":"NGTF","cik":"0001593001","company_name":"NightFood Holdings, Inc.","filed_at":"2023-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.747092+00:00","generated_at":"2026-06-20T06:37:37.212495+00:00","sec_items":["2.04","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Nightfood Holdings defaults on $936k notes; acceleration triggers 25% premium, CEO shares pledged","bullets":["Company failed to pay ~$936k owed on Dec 29, 2022 maturity; Event of Default declared under Section 8(a) of Notes.","Outstanding principal plus 25% premium, accrued interest, and late fees at 18% per annum now immediately due in cash.","CEO Sean Folkson pledged 16,776,644 shares as collateral; Purchasers may exercise full rights upon default.","Company is negotiating settlement with noteholders and seeking new financing to repay owed amount.","No assurance of successful resolution; Purchasers may pursue foreclosure on pledged collateral."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-006063","json":"https://secwatch.observer/filing/0001213900-23-006063.json","markdown":"https://secwatch.observer/filing/0001213900-23-006063.md","text":"https://secwatch.observer/filing/0001213900-23-006063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1593001/000121390023006063/0001213900-23-006063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1593001/000121390023006063/ea172423-8ka_nightfood.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T06:37:37.212495+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5a62b075b6080282a052631feabf7b63d88083e1","claim":"NightFood Holdings, Inc. faced acceleration on debt of approximately $468,000 with Puritan Partners LLC and Verition Multi-Strategy Master Fund Ltd. at 18% per annum maturing December 29, 2022.","evidence_excerpt":"and interest is due thereunder through and including the date of actual payment in full. As of December 29, 2022, the amount outstanding under each Note is approximately $468,000. Additionally: · As set forth in Section 11 of the Security Agreement entered into by the Company as part of the transactions contemplated by the Securities Purchase Agreement","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1593001/000121390023006063/0001213900-23-006063-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Principal","value":"approximately $468,000"},{"label":"Counterparty","value":"Puritan Partners LLC and Verition Multi-Strategy Master Fund Ltd."},{"label":"Rate","value":"18% per annum"},{"label":"Maturity","value":"December 29, 2022"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}