other material
confidence high
sentiment neutral
materiality 0.30
FreeCast issues 250,000 shares to two warrant holders for $332,500
FreeCast, Inc.
- Issued 250,000 Class A common shares at $1.33 per share to Carl and Joyce Peterson upon warrant exercise.
- Warrants were originally issued April 8, 2026 at $4.25, later amended to $1.33 and extended to May 22.
- Remaining 6,493,587 shares reserved for other warrants are no longer reserved and returned to authorized unissued.
- Proceeds of $332,500 received; issuance exempt under Section 4(a)(2) and Rule 506 of Regulation D.
- Investors represented as accredited; shares restricted with appropriate legends.