NightFood Holdings Sells Shares in Private Placement
Ticker: NGTF · Form: 8-K · Filed: Jul 26, 2024 · CIK: 1593001
| Field | Detail |
|---|---|
| Company | Nightfood Holdings, Inc. (NGTF) |
| Form Type | 8-K |
| Filed Date | Jul 26, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $65,000, $60,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: unregistered-sale, equity-securities, private-placement
TL;DR
NightFood sold 1M shares for $100 in a private deal.
AI Summary
On July 22, 2024, NightFood Holdings, Inc. reported an unregistered sale of equity securities. The company issued 1,000,000 shares of common stock at a purchase price of $0.0001 per share, totaling $100. This transaction was part of a private placement, with the shares not being registered under the Securities Act of 1933.
Why It Matters
This filing indicates a small, unregistered equity issuance, which could signal a need for capital or a strategic move not requiring public registration.
Risk Assessment
Risk Level: low — The transaction involves a very small dollar amount and appears to be a standard private placement, posing minimal immediate risk.
Key Numbers
- 1,000,000 — Shares Issued (Part of an unregistered sale of equity securities.)
- $100 — Total Proceeds (From the sale of 1,000,000 shares at $0.0001 each.)
Key Players & Entities
- NightFood Holdings, Inc. (company) — Registrant
- July 22, 2024 (date) — Date of earliest event reported
- 1,000,000 (dollar_amount) — Number of shares issued
- $0.0001 (dollar_amount) — Price per share
- $100 (dollar_amount) — Total proceeds from sale
FAQ
What was the exact date of the earliest event reported in this 8-K filing?
The earliest event reported was on July 22, 2024.
How many shares of common stock did NightFood Holdings, Inc. issue in this transaction?
The company issued 1,000,000 shares of common stock.
What was the purchase price per share for the issued common stock?
The purchase price per share was $0.0001.
What was the total amount of proceeds received by NightFood Holdings, Inc. from this sale?
The total proceeds received were $100.
Were the shares sold in this transaction registered under the Securities Act of 1933?
No, the shares were not registered under the Securities Act of 1933, indicating an unregistered sale of equity securities.
Filing Stats: 577 words · 2 min read · ~2 pages · Grade level 12.1 · Accepted 2024-07-26 16:26:10
Key Financial Figures
- $65,000 — missory note in the principal amount of $65,000 issued on June 29, 2023, as amended Feb
- $60,000 — missory note in the principal amount of $60,000 issued on August 28, 2023, as amended F
Filing Documents
- ea0210128-8k_nightfood.htm (8-K) — 37KB
- 0001013762-24-001628.txt ( ) — 201KB
- ngtf-20240722.xsd (EX-101.SCH) — 3KB
- ngtf-20240722_lab.xml (EX-101.LAB) — 33KB
- ngtf-20240722_pre.xml (EX-101.PRE) — 22KB
- ea0210128-8k_nightfood_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: July 26, 2024 NIGHTFOOD HOLDINGS, INC. By: /s/ Lei Sonny Wang Name: Lei Sonny Wang Title: Chief Executive Officer 2