---
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"
generated_at: "2026-05-26T07:05:02.509846+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Giftify enters $1M secured note with 11.5% interest, extending maturity to Dec 2025

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-007871
- JSON: https://secwatch.observer/filing/0001493152-25-007871.json
- Plain text: https://secwatch.observer/filing/0001493152-25-007871.txt

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