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FreeCast, Inc. entered into a revolving convertible promissory note with Nextelligence, Inc., controlled by its CEO William A. Mobley, Jr., on November 21, 2025, with initial principal of $1,315,552, increasing to $4,424,052 outstanding as of March 5, 2026. The note bears 12% interest, matures June 30, 2026, and is convertible into Class A common stock at $8.00 per share at Nextelligence's option.
Event Type
Disclosure
Mandatory
Variant
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. In a Registration Statement on Form S-1, Amen
Financial Statements and Exhibits Exhibit No. Description 4.1 Revolving Convertible Promissory Note made by FreeCast, Inc. in favor of Nextelligence, Inc., date
Debt / Financing