secwatch.observer — SEC 8-K summary
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Issuer:     NightFood Holdings, Inc. (NGTF)
CIK:        0001593001
Form:       8-K
Filed at:   2023-05-24T23:59:59+00:00
Accession:  0001213900-23-042707
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nightfood exchanges 16.2M old warrants with banker, issues 1M new warrants at $0.033
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- Exchanged 16,181,393 existing warrants (exercise prices originally $0.20-$0.30, adjusted to $0.0747) for new warrants at capped $0.0747.
- Issued 1,000,000 new warrants to Spencer Clarke LLC at $0.033 exercise price as compensation for $479,842 in foregone cash fees.
- Minimum fee clause removed from engagement letter; Spencer Clarke waived fees on February 2023 financing of $160,941.
- Term of engagement letter extended to June 30, 2023.
- New warrants and underlying shares unregistered, issued under Section 4(a)(2) exemption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1593001/000121390023042707/0001213900-23-042707-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1593001/000121390023042707/ea179129-8k_nightfood.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-042707

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