---
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"
generated_at: "2026-05-23T05:56:27.579049+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Giftify subsidiary CardCash amends credit facility, new $7M promissory note with Pathward

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-006147
- JSON: https://secwatch.observer/filing/0001641172-25-006147.json
- Plain text: https://secwatch.observer/filing/0001641172-25-006147.txt

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