---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-26-001240"
form_type: "8-K"
ticker: null
cik: "0001692780"
company_name: "Midnight Gaming Corp"
filed_at: "2026-03-09T23:59:59+00:00"
generated_at: "2026-05-15T17:55:53.465618+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Midnight Gaming adds universal cashless exercise right to all outstanding warrants

## Summary
- Effective March 8, 2026, all common stock purchase warrants (Oct 2016–Mar 2026) can be exercised on a cashless basis.
- Cashless formula: Net shares = (A × (B − C)) ÷ B; if B ≤ C, no shares issued and cash exercise remains available.
- As of Dec 31, 2024, warrants for up to 5M shares at exercise prices $0.50–$0.75 were outstanding.
- All other warrant terms (expiration, anti-dilution, transfer restrictions) remain unchanged.
- Notice distributed to holders; administration covers street-name and unlisted warrants per company books.

## SEC filing metadata
- accession: 0001477932-26-001240
- form_type: 8-K
- cik: 0001692780
- company_name: Midnight Gaming Corp
- filed_at: 2026-03-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692780/000147793226001240/0001477932-26-001240-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692780/000147793226001240/mgc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-26-001240
- JSON: https://secwatch.observer/filing/0001477932-26-001240.json
- Plain text: https://secwatch.observer/filing/0001477932-26-001240.txt

## Key facts
- Material Agreements
  Midnight Gaming Corp entered into Omnibus Amendment to Outstanding Common Stock Purchase Warrants with holders of Midnight Warrants valued at Universal cashless exercise right added to all outstanding warrants without payment of stated cash e (effective 2026-03-08).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: holders of Midnight Warrants
  - Value: Universal cashless exercise right added to all outstanding warrants without payment of stated cash e
  - Effective: 2026-03-08
  source text: On March 8, 2026, Midnight Gaming Corporation (the "Company") approved and executed an Omnibus Amendment to Outstanding Common Stock Purchase Warrants (the "Warrant Amendment").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692780/000147793226001240/0001477932-26-001240-index.htm

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