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NightFood Holdings ( (NGTF) ) has issued an announcement.
On March 19, 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 about $1.18 million at a 15% original issue discount, providing net proceeds of $1 million before certain transaction expenses. The note, maturing in 12 months with a 15% annual interest rate and additional interest provisions, is convertible into common stock at the lesser of $0.033 per share or market price, and related security, pledge, and guarantee agreements were amended to cover this new debt, underscoring the company’s reliance on private, accredited-investor financing that may lead to future equity dilution for existing shareholders.
More about NightFood Holdings
Nightfood Holdings, Inc. operates in the consumer products and hospitality sectors through subsidiaries including Nightfood, Inc., MJ Munchies, Inc., Future Hospitality Ventures Holdings Inc., SWC Group, Inc., TechForce Robotics, Inc., Victorville Treasure Holdings, LLC, and Treasure Mountain Holdings, LLC. The company’s structure suggests a diversified portfolio spanning branded snacks, hospitality-related ventures, technology, and real estate-focused entities, targeting growth through multiple operating lines.
Average Trading Volume: 722,155
Technical Sentiment Signal: Sell
Current Market Cap: $8.23M
For an in-depth examination of NGTF stock, go to TipRanks’ Overview page.