AI-generated analysis. Always verify with the original filing.
FreeCast, Inc. disclosed additional borrowings of $265,000 under a revolving convertible promissory note with Nextelligence, Inc., increasing the aggregate outstanding principal to $4,689,052 as of March 23, 2026. The note accrues interest at 12.0% per annum, matures June 30, 2026, and is convertible into Class A common stock at $8.00 per share; Nextelligence is controlled by CEO William A. Mobley, Jr.
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