secwatch / observer

NightFood Holdings, Inc. — fact timeline

Source-grounded facts extracted from NightFood Holdings, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

NGTF NightFood Holdings, Inc. JSON
Debt Financings

NightFood Holdings, Inc. incurred loan of $160,941.18 with Mast Hill Fund, L.P. at 16% per annum maturing the 12-month anniversary of the Effective Date.

“On March 30, 2023, the Company consummated the transactions pursuant to a Securities Purchase Agreement (the “Purchase Agreement”) effective as of March 24, 2023 (the “Effective Date”) and issued and sold to Mast Hill Fund, L.P. (“Mast Hill”), a Promissory Note (the “MH Note”) in the principal amount of $160,941.18”
Debt Financings

NightFood Holdings, Inc. incurred loan of $160,941.18 with Mast Hill Fund, L.P. at 16% per annum maturing the 12-month anniversary of the Issuance Date.

“On March 1, 2023 (the "Issuance Date"), the Company entered into a Securities Purchase Agreement (the "Purchase Agreement") and issued and sold to Mast Hill Fund, L.P. ("Mast Hill"), a Promissory Note (the "MH Note") in the principal amount of $160,941.18 (actual amount of purchase price of $136,800 plus an original issue discount ("OID") in the amount of $24,141.18).”
Material Agreements

NightFood Holdings, Inc. entered into Exchange and Amendment Agreement with Puritan Partners LLC and Verition Multi-Strategy Master Fund Ltd. valued at Exchange of warrants for 750,000 shares (Puritan) and 2,000,000 shares (Verition) of common stock; a (effective 2023-03-01).

“On March 1, 2023, the Company entered into an Exchange and Amendment Agreement (the "Exchange Agreement") with Puritan Partners LLC, a New York limited liability company ("Puritan Partners"), and Verition Multi-Strategy Master Fund Ltd. ("Verition," and collectively with Puritan Partners, the "Holders").”
Material Agreements

NightFood Holdings, Inc. entered into Warrant Amendment and Exercise Agreements with certain existing warrantholders valued at $150,000 aggregate exercise of 3,000,000 shares at $0.05 per share (effective 2023-03-01).

“On March 1, 2023, Nightfood Holdings, Inc. (the "Company") entered into Warrant Amendment and Exercise Agreements (the "Amendment Agreements") with certain existing warrantholders of the Company (each, a "Warrantholder" and collectively, the "Warrantholders").”
Debt Financings

NightFood Holdings, Inc. incurred loan of $619,000.00 with Mast Hill Fund, L.P. at 16% per annum maturing the 12-month anniversary of the Issuance Date.

“On February 5, 2023 (the "Issuance Date"), the Company entered into a Securities Purchase Agreement (the "Purchase Agreement") and issued and sold to Mast Hill, a Promissory Note (the "MH Note") in the principal amount of $619,000.00 (actual amount of purchase price of $526,150.00 plus an original issue discount ("OID") in the amount of $92,850.00).”
Material Agreements

NightFood Holdings, Inc. entered into Forbearance and Exchange Agreement with Puritan Partners LLC and Verition Multi-Strategy Master Fund Ltd. valued at $482,250.00 (effective 2023-02-04).

“On February 4, 2023, Nightfood Holdings, Inc. (the “Company”) entered into a Forbearance and Exchange Agreement (the “Forbearance Agreement”) with Puritan Partners LLC, a New York limited liability company (“Puritan Partners”), and Verition Multi-Strategy Master Fund Ltd. (“Verition,” and collectively with Puritan Partners, the “Holders”).”
Debt Financings

NightFood Holdings, Inc. faced acceleration on debt of approximately $468,000 with Puritan Partners LLC and Verition Multi-Strategy Master Fund Ltd. at 18% per annum maturing December 29, 2022.

“and interest is due thereunder through and including the date of actual payment in full. As of December 29, 2022, the amount outstanding under each Note is approximately $468,000. Additionally: · As set forth in Section 11 of the Security Agreement entered into by the Company as part of the transactions contemplated by the Securities Purchase Agreement”
Debt Financings

NightFood Holdings, Inc. reported a default on debt of all remaining principal and accrued and unpaid interest with Puritan Partners LLC and Verition Multi-Strategy Master Fund Ltd. maturing December 29, 2022.

“The Owed Amount was not paid by the Company in accordance with the terms of the Notes. The Company is currently negotiating a settlement agreement with the Purchasers which may include, among other things, a further extension of the Maturity Date, a forbearance on repayment thereof or revised repayment terms, or a combination thereof.”
Debt Financings

NightFood Holdings, Inc. reported a default on debt with Purchasers (Puritan Partners LLC and Verition Multi-Strategy Master Fund Ltd.) maturing December 10, 2022.

“The Owed Amount was not paid by the Company in accordance with the terms of the Notes.”

Tom Morse was appointed as Director at NightFood Holdings, Inc..

“appointed Mr. Tom Morse to fill the new vacancy on the Board and to serve as a director of the Company”

Sean Folkson was appointed as Chairman of the Board at NightFood Holdings, Inc..

“The Board further appointed Sean Folkson, the Company’s CEO and a director, as the Company’s Chairman of the Board.”

Thanuja Hamilton was appointed as Director at NightFood Holdings, Inc..

“appointed Ms. Nisa Amoils and Dr. Thanuja Hamilton to fill the two new vacancies on the Board”

Nisa Amoils was appointed as Director at NightFood Holdings, Inc..

“appointed Ms. Nisa Amoils and Dr. Thanuja Hamilton to fill the two new vacancies on the Board”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.