secwatch.observer — SEC 8-K summary
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Issuer:     FreeCast, Inc. (CAST)
CIK:        0001633369
Form:       8-K
Filed at:   2026-07-02T23:48:16+00:00
Accession:  0001213900-26-075148
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FreeCast raises $23.7M in private placement of common stock and pre-funded warrants
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- Sold 4,666,667 shares of Class A common stock and pre-funded warrants for 3,243,807 shares at $3.00 per unit.
- Gross proceeds of ~$23.7M; net proceeds for working capital and general corporate purposes.
- Pre-funded warrants exercisable at $0.0001/share, require shareholder approval, do not expire.
- A.G.P./Alliance Global Partners acted as sole placement agent; fees of 5.0% (new investors) and 1.0% (existing).
- Company agreed to file resale registration statement within 12 trading days; liquidated damages if delayed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633369/000121390026075148/0001213900-26-075148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633369/000121390026075148/ea0297012-8k_freecast.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-075148

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer