secwatch / observer
8-K filed March 7, 2023, 6:59 PM ET ticker NGTF CIK 0001593001
debt confidence high sentiment neutral materiality 0.60

NightFood Holdings, Inc. (NGTF): debt financing — Nightfood secures $160,941 promissory note, amends warrants, exchanges shares with holders

NightFood Holdings, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

NightFood Holdings, Inc. incurred loan of $160,941.18 with Mast Hill Fund, L.P. at 16% per annum maturing the 12-month anniversary of the Issuance Date.

Instrument
loan
Principal
$160,941.18
Counterparty
Mast Hill Fund, L.P.
Rate
16% per annum
Maturity
the 12-month anniversary of the Issuance Date
Event
incurrence
Exact text from the filing
On March 1, 2023 (the "Issuance Date"), the Company entered into a Securities Purchase Agreement (the "Purchase Agreement") and issued and sold to Mast Hill Fund, L.P. ("Mast Hill"), a Promissory Note (the "MH Note") in the principal amount of $160,941.18 (actual amount of purchase price of $136,800 plus an original issue discount ("OID") in the amount of $24,141.18).
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

NightFood Holdings, Inc. entered into Warrant Amendment and Exercise Agreements with certain existing warrantholders valued at $150,000 aggregate exercise of 3,000,000 shares at $0.05 per share (effective 2023-03-01).

Action
entry
Counterparty
certain existing warrantholders
Value
$150,000 aggregate exercise of 3,000,000 shares at $0.05 per share
Effective
2023-03-01
Exact text from the filing
On March 1, 2023, Nightfood Holdings, Inc. (the "Company") entered into Warrant Amendment and Exercise Agreements (the "Amendment Agreements") with certain existing warrantholders of the Company (each, a "Warrantholder" and collectively, the "Warrantholders").
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

NightFood Holdings, Inc. entered into Exchange and Amendment Agreement with Puritan Partners LLC and Verition Multi-Strategy Master Fund Ltd. valued at Exchange of warrants for 750,000 shares (Puritan) and 2,000,000 shares (Verition) of common stock; a (effective 2023-03-01).

Action
entry
Counterparty
Puritan Partners LLC and Verition Multi-Strategy Master Fund Ltd.
Value
Exchange of warrants for 750,000 shares (Puritan) and 2,000,000 shares (Verition) of common stock; a
Effective
2023-03-01
Exact text from the filing
On March 1, 2023, the Company entered into an Exchange and Amendment Agreement (the "Exchange Agreement") with Puritan Partners LLC, a New York limited liability company ("Puritan Partners"), and Verition Multi-Strategy Master Fund Ltd. ("Verition," and collectively with Puritan Partners, the "Holders").
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10 debt financings filed in the last 30 days. Browse all debt financings →

NightFood Holdings, Inc. filing history →

Source: SEC EDGAR
accession 0001213900-23-018284
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