secwatch.observer — SEC 8-K summary
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Issuer:     NightFood Holdings, Inc. (NGTF)
CIK:        0001593001
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001213900-25-017055
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nightfood issues $206K senior secured note to Mast Hill Fund at 15% OID
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- Principal amount $206,000; net proceeds $175,100 after 15% OID and $5,000 legal fees.
- Note matures 12 months from Feb 19, 2025; bears 15% annual interest.
- Convertible into common stock at $0.033/share only after an Event of Default.
- Company also amended existing security, pledge, and guarantee agreements with Mast Hill Fund.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1593001/000121390025017055/0001213900-25-017055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1593001/000121390025017055/ea0232048-8k_nightfood.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-017055

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