---
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"
generated_at: "2026-06-20T06:37:37.212495+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nightfood Holdings defaults on $936k notes; acceleration triggers 25% premium, CEO shares pledged

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.04, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-006063
- JSON: https://secwatch.observer/filing/0001213900-23-006063.json
- Plain text: https://secwatch.observer/filing/0001213900-23-006063.txt

## Key facts
- Debt Financings
  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.
  - Principal: approximately $468,000
  - Counterparty: Puritan Partners LLC and Verition Multi-Strategy Master Fund Ltd.
  - Rate: 18% per annum
  - Maturity: December 29, 2022
  - Event: acceleration
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1593001/000121390023006063/0001213900-23-006063-index.htm

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