secwatch.observer — SEC 8-K summary
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Issuer:     NightFood Holdings, Inc. (NGTF)
CIK:        0001593001
Form:       8-K
Filed at:   2023-04-21T23:59:59+00:00
Accession:  0001213900-23-031690
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nightfood Holdings issues $160,941 convertible note and reduces warrant exercise price to $0.05
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- Warrant amendment reduces exercise price to $0.05; warrantholders exercise 2,750,000 shares for $137,500.
- Promissory note to Mast Hill Fund: $160,941 principal, $24,141 OID, 12-month maturity, convertible at $0.10.
- Mast Hill also receives 1,790,000 First Warrants and 1,820,000 Second Warrants at $0.10 exercise price.
- Proceeds used for debt service and general corporate purposes; note includes prepayment and conversion rights.
- Placement agent fees: Spencer Clarke $13,750 cash plus warrants; J.H. Darbie $6,840 cash plus warrants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1593001/000121390023031690/0001213900-23-031690-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1593001/000121390023031690/ea177293-8k_nightfood.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-031690

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