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NightFood Holdings Secures Convertible Debt Financing Agreement

Story Highlights
  • On January 10, 2026, Nightfood raised $998,750 via a $1,175,000 secured note.
  • The one-year, 15% note is convertible into common stock, adding funding but potential dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NightFood Holdings Secures Convertible Debt Financing Agreement

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NightFood Holdings ( (NGTF) ) just unveiled an announcement.

On January 10, 2026, Nightfood Holdings, Inc. entered into a Securities Purchase Agreement with Mast Hill Fund, L.P., issuing a senior secured promissory note with a principal amount of $1,175,000 at a 15% original issue discount, providing net proceeds of $998,750 to the company after transaction-related expenses. The one-year note bears 15% annual interest with additional interest provisions, is secured through amended existing security, pledge and guarantee agreements to incorporate the new debt, and is convertible at any time into common stock at the lesser of $0.033 per share or the market price, potentially diluting existing shareholders; the financing was executed as a private placement to an accredited investor under securities law exemptions, underscoring the company’s continued reliance on structured, secured and convertible debt to fund operations.

More about NightFood Holdings

Average Trading Volume: 1,424,118

Technical Sentiment Signal: Hold

Current Market Cap: $9.56M

For an in-depth examination of NGTF stock, go to TipRanks’ Overview page.

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