{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-007871","form_type":"8-K","ticker":"GIFT","cik":"0001760233","company_name":"GIFTIFY, INC.","filed_at":"2025-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.757861+00:00","generated_at":"2026-05-26T07:05:02.509846+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Giftify enters $1M secured note with 11.5% interest, extending maturity to Dec 2025","bullets":["Principal $1M, 11.5% annual interest, due Dec 31, 2025; replaces Sep 2024 note same amount.","Secured by blanket lien on all assets, subordinated only to Pathward's ~$4M line.","36% default rate after 120 days; late fee 25% of unpaid amount.","Origination fee $5,000 paid to lender Real World Digital Assets LLC."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-007871","json":"https://secwatch.observer/filing/0001493152-25-007871.json","markdown":"https://secwatch.observer/filing/0001493152-25-007871.md","text":"https://secwatch.observer/filing/0001493152-25-007871.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1760233/000149315225007871/0001493152-25-007871-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1760233/000149315225007871/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T07:05:02.509846+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}