---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-049267"
form_type: "8-K"
ticker: "CAST"
cik: "0001633369"
company_name: "FreeCast, Inc."
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:58:57.675840+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FreeCast enters $5M convertible note with CEO-controlled entity; $3.9M outstanding

## Summary
- Renewal Revolving Convertible Promissory Note with Nextelligence, Inc., controlled by CEO William A. Mobley.
- Principal amount not to exceed $5M; aggregate outstanding balance of $3.9M as of April 29, 2026.
- Interest at 12% fixed per annum; maturity date June 30, 2027.
- Nextelligence may convert debt into Class A common stock at the closing price on conversion notice date.

## SEC filing metadata
- accession: 0001213900-26-049267
- form_type: 8-K
- ticker: CAST
- cik: 0001633369
- company_name: FreeCast, Inc.
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633369/000121390026049267/0001213900-26-049267-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633369/000121390026049267/ea0288334-8k_freecast.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-049267
- JSON: https://secwatch.observer/filing/0001213900-26-049267.json
- Plain text: https://secwatch.observer/filing/0001213900-26-049267.txt

## Key facts
- Debt Financings
  FreeCast, Inc. incurred convertible notes of principal amount not to exceed $5 million with Nextelligence, Inc. at 12.0% maturing June 30, 2027.
  - Instrument: convertible notes
  - Principal: principal amount not to exceed $5 million
  - Counterparty: Nextelligence, Inc.
  - Rate: 12.0%
  - Maturity: June 30, 2027
  - Event: incurrence
  source text: On April 20, 2026, FreeCast, Inc., a Florida corporation (the “ Company, ” “ we ” or “ our ”) entered into a Renewal Revolving Convertible Promissory Note, dated April 20, 2026, with Nextelligence, Inc. (“ Nextelligence ”) in the principal amount not to exceed $5 million (the “ Note ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633369/000121390026049267/0001213900-26-049267-index.htm

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