{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-006147","form_type":"8-K","ticker":"GIFT","cik":"0001760233","company_name":"GIFTIFY, INC.","filed_at":"2025-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.616825+00:00","generated_at":"2026-05-23T05:56:27.579049+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Giftify subsidiary CardCash amends credit facility, new $7M promissory note with Pathward","bullets":["Second amended promissory note reduces principal to $7M from original $10M; interest rate prime+3% with 6.50% floor.","Minimum cash collateral balance lowered from $1.25M to $1M, releasing $250K to CardCash.","Further reduction to $750K possible if CardCash net income reaches $250K for September 2025 month.","Exit fee of 0.50% of $7M applies if agreement terminated before December 31, 2025.","Blanket lien on CardCash assets remains; Giftify reaffirms its guaranty of the obligations."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-006147","json":"https://secwatch.observer/filing/0001641172-25-006147.json","markdown":"https://secwatch.observer/filing/0001641172-25-006147.md","text":"https://secwatch.observer/filing/0001641172-25-006147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1760233/000164117225006147/0001641172-25-006147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1760233/000164117225006147/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T05:56:27.579049+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"}