{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-043534","form_type":"8-K","ticker":"NGTF","cik":"0001593001","company_name":"NightFood Holdings, Inc.","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.133226+00:00","generated_at":"2026-06-01T23:04:51.861198+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Nightfood issues $395K convertible note to Mast Hill Fund, 12-month maturity","bullets":["Issued promissory note to Mast Hill Fund for $395,000; net proceeds $335,750 after $59,250 OID.","Note convertible into common shares at $0.033 per share; conversion capped at 4.99% beneficial ownership.","Maturity 12 months; default triggers 150% penalty plus acceleration; prepayment allowed at 100% plus interest.","Proceeds used for business development, compliance, and M&A expenses.","Company subject to restrictions on additional debt, dividends, asset sales, and variable rate transactions until note repaid."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-043534","json":"https://secwatch.observer/filing/0001213900-24-043534.json","markdown":"https://secwatch.observer/filing/0001213900-24-043534.md","text":"https://secwatch.observer/filing/0001213900-24-043534.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1593001/000121390024043534/0001213900-24-043534-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1593001/000121390024043534/ea0206258-8k_nightfo.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T23:04:51.861198+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":"4aa0a20b16150bf8b8b7c323f5f0c1f329271e92","claim":"NightFood Holdings, Inc. incurred loan of principal amount of $395,000.00 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.","evidence_excerpt":"On May 9, 2024, Nightfood Holdings, Inc. (the “Company”) consummated the transactions pursuant to a Securities Purchase Agreement (the “Purchase Agreement”) dated as of May 5, 2024 (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 $395,000.00","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1593001/000121390024043534/0001213900-24-043534-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"principal amount of $395,000.00"},{"label":"Counterparty","value":"Mast Hill Fund, L.P."},{"label":"Rate","value":"lesser of (i) 16% per annum and (ii) the maximum amount permitted by law"},{"label":"Maturity","value":"12-month anniversary of the Issuance Date"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}