secwatch.observer — SEC 8-K summary
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Issuer:     NightFood Holdings, Inc. (NGTF)
CIK:        0001593001
Form:       8-K
Filed at:   2025-10-21T23:59:59+00:00
Accession:  0001493152-25-018782
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nightfood Holdings issues $2.27M senior secured convertible note to Mast Hill Fund at 15% OID
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- Principal $2,270,000 senior secured note with 15% original issue discount; net proceeds ~$1,929,500 after $25k legal fee holdback.
- Note matures 12 months from Oct 8, 2025, bears 15% interest, convertible at lesser of $0.033/share or market price.
- Amends existing 2023 security, pledge, and guarantee agreements to incorporate this additional debt.
- Funds likely for general corporate purposes; specifics not disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1593001/000149315225018782/0001493152-25-018782-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1593001/000149315225018782/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-018782

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