{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-024131","form_type":"8-K","ticker":"CAST","cik":"0001633369","company_name":"FreeCast, Inc.","filed_at":"2026-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.695439+00:00","generated_at":"2026-05-15T19:41:27.076993+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"FreeCast borrows $4.42M from CEO-controlled entity via convertible note due June 2026","bullets":["Outstanding principal $4,424,052 as of March 5, 2026, with initial draw of $1,315,552 on Nov 21, 2025.","Nine separate draws from Jan 23 to Mar 4, 2026 added $1,698,500.","Note bears 12% fixed interest, convertible into Class A common at $8.00/share at lender's option.","Maturity date June 30, 2026; default interest rate 18%.","Lender Nextelligence is controlled by CEO William A. Mobley Jr., making this a related-party transaction."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-024131","json":"https://secwatch.observer/filing/0001213900-26-024131.json","markdown":"https://secwatch.observer/filing/0001213900-26-024131.md","text":"https://secwatch.observer/filing/0001213900-26-024131.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1633369/000121390026024131/0001213900-26-024131-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1633369/000121390026024131/ea0280262-8k_freecast.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T19:41:27.076993+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":"4102789ec9e0aed29c147b677e9a4016b931ed51","claim":"FreeCast, Inc. amended revolving credit of not more than $5 million with Nextelligence, Inc. at 12.0% maturing June 30, 2026.","evidence_excerpt":"that on November 21, 2025, the Company entered into a revolving convertible promissory note with Nextelligence, Inc.(“ Nextelligence ”) in the principal amount of not more than $5 million (the “ Note ”). Nextelligence is controlled by William A. Mobley, Jr., our Chief Executive Officer, Chairman of our board of directors and holder of the majority voting power of","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633369/000121390026024131/0001213900-26-024131-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001193125-26-252668","ticker":"BTU","company_name":"PEABODY ENERGY CORP","filed_at":"2026-06-02T14:17:48+00:00","headline":"Peabody prices $250M convertible notes due 2031, repurchases $241.2M of 2028 notes","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-252668","json":"https://secwatch.observer/filing/0001193125-26-252668.json","markdown":"https://secwatch.observer/filing/0001193125-26-252668.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/0001193125-26-252668-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/d112966d8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"that on November 21, 2025, the Company entered into a revolving convertible promissory note with\nNextelligence, Inc.(“ Nextelligence ”) in the principal amount of not more than $5 million (the “ Note ”).\nNextelligence is controlled by William A. Mobley, Jr., our Chief Executive Officer, Chairman of our board of directors and holder of the\nmajority voting power of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1633369/000121390026024131/0001213900-26-024131-index.htm","comparable_excerpt":"additional $25 million in aggregate principal amount of the Notes (together with the “Initial Notes,” the “Notes”), bringing the total aggregate principal amount of the Notes to $250 million. On June 2, 2026, the Company completed the private offering of the Notes. The Notes are senior unsecured obligations of the Company. The net proceeds from this offering were","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1064728/000119312526252668/0001193125-26-252668-index.htm"}},{"accession":"0001882781-26-000041","ticker":"CBLO","company_name":"C2 Blockchain, Inc.","filed_at":"2026-06-02T14:08:44+00:00","headline":"C2 Blockchain raises $130K and up to $1.2M via convertible notes with heavy dilution","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001882781-26-000041","json":"https://secwatch.observer/filing/0001882781-26-000041.json","markdown":"https://secwatch.observer/filing/0001882781-26-000041.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1882781/000188278126000041/0001882781-26-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1882781/000188278126000041/form8k6226o.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"that on November 21, 2025, the Company entered into a revolving convertible promissory note with\nNextelligence, Inc.(“ Nextelligence ”) in the principal amount of not more than $5 million (the “ Note ”).\nNextelligence is controlled by William A. Mobley, Jr., our Chief Executive Officer, Chairman of our board of directors and holder of the\nmajority voting power of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1633369/000121390026024131/0001213900-26-024131-index.htm","comparable_excerpt":"On May 22, 2026, the Company entered into a Securities Purchase Agreement with Auctus Fund, LLC (“Auctus”), pursuant to which the Company issued and sold a Promissory Note in the principal amount of $130,000 (the “Auctus Note”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1882781/000188278126000041/0001882781-26-000041-index.htm"}},{"accession":"0001140361-26-023577","ticker":"TCPC","company_name":"BlackRock TCP Capital Corp.","filed_at":"2026-06-01T20:50:02+00:00","headline":"BlackRock TCP Capital closes $535.8M CLO securitization, repays existing debt facilities","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-023577","json":"https://secwatch.observer/filing/0001140361-26-023577.json","markdown":"https://secwatch.observer/filing/0001140361-26-023577.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/ef20075169_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"that on November 21, 2025, the Company entered into a revolving convertible promissory note with\nNextelligence, Inc.(“ Nextelligence ”) in the principal amount of not more than $5 million (the “ Note ”).\nNextelligence is controlled by William A. Mobley, Jr., our Chief Executive Officer, Chairman of our board of directors and holder of the\nmajority voting power of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1633369/000121390026024131/0001213900-26-024131-index.htm","comparable_excerpt":"Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the \" Closing Date \"), BlackRock TCP Capital Corp. (the \" Company \"), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the \" CLO Transaction \"). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm"}},{"accession":"0001628280-26-039479","ticker":"VVX","company_name":"V2X, Inc.","filed_at":"2026-06-01T20:10:20+00:00","headline":"V2X refinances $868.5M term loans with new tranche maturing 2030; SOFR+2% margin","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-039479","json":"https://secwatch.observer/filing/0001628280-26-039479.json","markdown":"https://secwatch.observer/filing/0001628280-26-039479.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/0001628280-26-039479-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/vec-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"that on November 21, 2025, the Company entered into a revolving convertible promissory note with\nNextelligence, Inc.(“ Nextelligence ”) in the principal amount of not more than $5 million (the “ Note ”).\nNextelligence is controlled by William A. Mobley, Jr., our Chief Executive Officer, Chairman of our board of directors and holder of the\nmajority voting power of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1633369/000121390026024131/0001213900-26-024131-index.htm","comparable_excerpt":"The Amendment provides for, among other things, a new tranche of term loans under the Credit Agreement in an aggregate original principal amount of $868,522,978.38 (the “New Term Loans”), which New Term Loans replace or refinance in full all of the existing term loans outstanding under the Credit Agreement (as in effect immediately prior to the Amendment), as further set forth in the Amendment. The New Term Loans mature on December 6, 2030.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/0001628280-26-039479-index.htm"}},{"accession":"0001805833-26-000030","ticker":"SST","company_name":"System1, Inc.","filed_at":"2026-06-01T13:00:19+00:00","headline":"System1 exchanges $302.6M debt for $150M term loan, $39.3M preferred stock, and cash","event_type":"debt","sec_items":["1.01","2.03","3.02","7.01","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001805833-26-000030","json":"https://secwatch.observer/filing/0001805833-26-000030.json","markdown":"https://secwatch.observer/filing/0001805833-26-000030.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805833/000180583326000030/0001805833-26-000030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805833/000180583326000030/sst-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"that on November 21, 2025, the Company entered into a revolving convertible promissory note with\nNextelligence, Inc.(“ Nextelligence ”) in the principal amount of not more than $5 million (the “ Note ”).\nNextelligence is controlled by William A. Mobley, Jr., our Chief Executive Officer, Chairman of our board of directors and holder of the\nmajority voting power of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1633369/000121390026024131/0001213900-26-024131-index.htm","comparable_excerpt":"specified in the Exchange Agreement on the terms and subject to the conditions set forth therein. The consideration under the Exchange Agreement consists of (i) a new $150.0 million term loan facility held by the Participating Lenders (the “Priority Term Loans”), (ii) the issuance of 39,250 shares of Series A Cumulative Convertible Preferred Stock (the","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1805833/000180583326000030/0001805833-26-000030-index.htm"}},{"accession":"0002077096-26-000190","ticker":"CNMD","company_name":"CONMED Corp","filed_at":"2026-06-01T12:31:19+00:00","headline":"CONMED secures $450M incremental term loan facility to repurchase convertible notes due 2026","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0002077096-26-000190","json":"https://secwatch.observer/filing/0002077096-26-000190.json","markdown":"https://secwatch.observer/filing/0002077096-26-000190.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/816956/000207709626000190/0002077096-26-000190-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/816956/000207709626000190/ea0292464-8k_conmed.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"that on November 21, 2025, the Company entered into a revolving convertible promissory note with\nNextelligence, Inc.(“ Nextelligence ”) in the principal amount of not more than $5 million (the “ Note ”).\nNextelligence is controlled by William A. Mobley, Jr., our Chief Executive Officer, Chairman of our board of directors and holder of the\nmajority voting power of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1633369/000121390026024131/0001213900-26-024131-index.htm","comparable_excerpt":"CONMED entered into the First Amendment to, among other things, obtain commitments for incremental senior secured delayed draw term “a” loans available in U.S. dollars to CONMED in an aggregate principal amount equal to $450 million (the “ Term A-2 Loan Facility ”), which is available to be borrowed in a single drawing on or prior to June 14, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/816956/000207709626000190/0002077096-26-000190-index.htm"}},{"accession":"0001895262-26-000129","ticker":"NE","company_name":"Noble Corp plc","filed_at":"2026-06-01T12:04:04+00:00","headline":"Noble boosts revolver to $650M, extends to 2031; plans $500M notes due 2034 to refinance 8.5% Diamond Notes","event_type":"debt","sec_items":["1.01","2.03","8.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001895262-26-000129","json":"https://secwatch.observer/filing/0001895262-26-000129.json","markdown":"https://secwatch.observer/filing/0001895262-26-000129.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1895262/000189526226000129/0001895262-26-000129-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1895262/000189526226000129/ne-20260601.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"that on November 21, 2025, the Company entered into a revolving convertible promissory note with\nNextelligence, Inc.(“ Nextelligence ”) in the principal amount of not more than $5 million (the “ Note ”).\nNextelligence is controlled by William A. Mobley, Jr., our Chief Executive Officer, Chairman of our board of directors and holder of the\nmajority voting power of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1633369/000121390026024131/0001213900-26-024131-index.htm","comparable_excerpt":"The Third Amendment amends the Amended and Restated Senior Secured Revolving Credit Agreement, dated as of April 18, 2023 (the “A&R Credit Agreement”), among the Noble Borrowers, the lenders and other parties party thereto from time to time and the Administrative Agent, to, among other things, (i) increase the total revolving commitments under the senior secured revolving credit facility governed by the A&R Credit Agreement (the “Revolving Credit Facility”) from $550.0 million to $650.0 million and (ii) extend the scheduled maturity of the Revolving Credit Facility from April 18, 2028 to May 29, 2031.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1895262/000189526226000129/0001895262-26-000129-index.htm"}},{"accession":"0001628280-26-039275","ticker":"UP","company_name":"Wheels Up Experience Inc.","filed_at":"2026-06-01T10:56:21+00:00","headline":"Wheels Up closes $100M unsecured term loan with 12% PIK interest; matures 2029","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing","same SEC item: 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-039275","json":"https://secwatch.observer/filing/0001628280-26-039275.json","markdown":"https://secwatch.observer/filing/0001628280-26-039275.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819516/000162828026039275/0001628280-26-039275-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819516/000162828026039275/up-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"that on November 21, 2025, the Company entered into a revolving convertible promissory note with\nNextelligence, Inc.(“ Nextelligence ”) in the principal amount of not more than $5 million (the “ Note ”).\nNextelligence is controlled by William A. Mobley, Jr., our Chief Executive Officer, Chairman of our board of directors and holder of the\nmajority voting power of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1633369/000121390026024131/0001213900-26-024131-index.htm","comparable_excerpt":"On the Closing Date, the Company entered into Amendment No. 4 to Credit Agreement (\"Amendment No. 4\"), by and among the Company, as borrower, the Guarantors, each of the Lead Lenders, and the Agent, pursuant to which, among other things, certain conforming amendments were made to (a) permit the incurrence of the 2026 Term Loan and reflect its terms, and (b) further reflect the Series B Revolving Equipment Notes Facility (as defined in the Company's Current Report on Form 8-K filed with the SEC on May 26, 2026 ) that closed on May 21, 2026 as senior secured indebtedness and constitute EETC Obligations (as defined in the 2023 Credit Agreement).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1819516/000162828026039275/0001628280-26-039275-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}