secwatch.observer — SEC 8-K summary
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Issuer:     NightFood Holdings, Inc. (NGTF)
CIK:        0001593001
Form:       8-K
Filed at:   2023-11-20T23:59:59+00:00
Accession:  0001213900-23-088732
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nightfood issues $62K promissory note to Mast Hill; proceeds for cookie production and compliance
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- Principal amount $62,000 includes $9,300 OID; net proceeds $52,700 received.
- Note matures 12 months from Nov 17, 2023; convertible at $0.033 per share with 4.99% beneficial ownership cap.
- Proceeds allocated to compliance expenses, development/production of three Nightfood cookie flavors, and general operating costs.
- Company may prepay at 100% principal plus interest; default triggers 150% of outstanding amount.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1593001/000121390023088732/0001213900-23-088732-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1593001/000121390023088732/ea188739-8k_nightfood.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-088732

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer