---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-095171"
form_type: "8-K"
ticker: "NGTF"
cik: "0001593001"
company_name: "NightFood Holdings, Inc."
filed_at: "2023-12-12T23:59:59+00:00"
generated_at: "2026-06-07T14:12:36.958455+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Nightfood issues $170,588 promissory note to Mast Hill Fund with conversion at $0.033/share

## Summary
- Company issued $170,588 promissory note (purchase price $145,000) to Mast Hill Fund, L.P. on December 7, 2023.
- Note matures 12 months from issuance; convertible into common stock at $0.033 per share, subject to 4.99% ownership cap.
- Proceeds are strictly for expenses related to ongoing acquisition and uplist activity.
- Note restricts additional debt, dividends, asset sales, affiliate transactions, and variable rate transactions.
- Upon default, holder may accelerate and demand 150% of outstanding principal plus accrued interest.

## SEC filing metadata
- accession: 0001213900-23-095171
- form_type: 8-K
- ticker: NGTF
- cik: 0001593001
- company_name: NightFood Holdings, Inc.
- filed_at: 2023-12-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1593001/000121390023095171/0001213900-23-095171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593001/000121390023095171/ea189938-8k_nightfood.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-095171
- JSON: https://secwatch.observer/filing/0001213900-23-095171.json
- Plain text: https://secwatch.observer/filing/0001213900-23-095171.txt

## Key facts
- Debt Financings
  NightFood Holdings, Inc. incurred loan of $170,588 with Mast Hill Fund, L.P. at lesser of (i) 16% per annum and (ii) the maximum amount permitted by law maturing 12-month anniversary of the Issuance Date.
  - Instrument: loan
  - Principal: $170,588
  - Counterparty: Mast Hill Fund, L.P.
  - Rate: lesser of (i) 16% per annum and (ii) the maximum amount permitted by law
  - Maturity: 12-month anniversary of the Issuance Date
  - Event: incurrence
  source text: On December 7, 2023 (the “Issuance Date”), the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) dated as of December 6, 2023, and issued and sold to Mast Hill Fund, L.P. (“Mast Hill”), a Promissory Note (the “MH Note”) in the principal amount of $170,588 (actual amount of purchase price of $145,000 plus an original issue discount (“OID”) in the amount of $25,588).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593001/000121390023095171/0001213900-23-095171-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.