{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-047494","form_type":"8-K","ticker":"NGTF","cik":"0001593001","company_name":"NightFood Holdings, Inc.","filed_at":"2023-06-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.573904+00:00","generated_at":"2026-06-14T04:58:16.094637+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Nightfood issues $200K convertible note to Mast Hill; CEO pledges shares","bullets":["Issued $200K promissory note (net $170K after $30K OID) to Mast Hill Fund, maturing in 12 months.","Note convertible at $0.10/share; Mast Hill limited to 4.99% beneficial ownership cap.","CEO Sean Folkson pledged all his common stock and equivalents as collateral via Pledge Agreement.","Company issued 298,875 warrants at $0.05688 to J.H. Darbie & Co. as placement agent fees.","Proceeds used for debt service; note restricts additional debt, dividends, and asset sales."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-047494","json":"https://secwatch.observer/filing/0001213900-23-047494.json","markdown":"https://secwatch.observer/filing/0001213900-23-047494.md","text":"https://secwatch.observer/filing/0001213900-23-047494.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1593001/000121390023047494/0001213900-23-047494-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1593001/000121390023047494/ea180023-8k_nightfood.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T04:58:16.094637+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":"69896b94f47608d6990b2766ab938d7e8fff5dfa","claim":"NightFood Holdings, Inc. incurred convertible notes of $200,000.00 ($170,000 purchase price plus $30,000 original issue discount) with Mast Hill Fund, L.P. at 16% per annum upon default; OID of $30,000 maturing 12-month anniversary of June 1, 2023 (June 1, 2024).","evidence_excerpt":"On June 2, 2023, Nightfood Holdings, Inc. (the “Company”) consummated the transactions pursuant to a Securities Purchase Agreement (the “Purchase Agreement”) dated as of June 1, 2023 (the “Effective Date”) and issued and sold to Mast Hill Fund, L.P. (“Mast Hill”), a Promissory Note (the “Note”) in the principal amount of $200,000.00 (actual amount of purchase price of $170,000 plus an original issue discount (“OID”) in the amount of $30,000).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1593001/000121390023047494/0001213900-23-047494-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$200,000.00 ($170,000 purchase price plus $30,000 original issue discount)"},{"label":"Counterparty","value":"Mast Hill Fund, L.P."},{"label":"Rate","value":"16% per annum upon default; OID of $30,000"},{"label":"Maturity","value":"12-month anniversary of June 1, 2023 (June 1, 2024)"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}