Form 8-K/A
8-K/A — FreeCast, Inc.
Accession: 0001213900-26-041090
Filed: 2026-04-07
Period: 2026-03-30
CIK: 0001633369
SIC: 7374 (SERVICES-COMPUTER PROCESSING & DATA PREPARATION)
Item: Entry into a Material Definitive Agreement
Item: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
Item: Financial Statements and Exhibits
Documents
8-K/A — ea0285472-8ka1_freecast.htm (Primary)
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8-K/A — AMENDMENT NO. 1 TO FORM 8-K
8-K/A (Primary)
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SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K/A
(Amendment
No. 1)
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): March 30, 2026
FreeCast, Inc.
(Exact
name of registrant as specified in its charter)
Florida
001-43122
45-2787251
(State
or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S.
Employer
Identification No.)
6901 TPC Drive, Suite 100, Orlando, Florida
32822
(Address of principal executive offices)
(Zip
Code)
Registrant’s
telephone number, including area code: (407) 374-1607
n/a
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐
Written communications
pursuant to Rule 425 under the Securities Act (17CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
symbol
Name
of each exchange on which registered
Class A Common Stock, par value $0.0001
CAST
The
Nasdaq Stock Market LLC
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Explanatory
Note
On
April 3, 2026, FreeCast, Inc., a Florida corporation filed a Current Report on Form 8-K (the “Original Form 8-K ”)
to report the entry into a material agreement and creation of a direct financial obligation.
This Amendment No. 1 on Form 8-K/A (this
“ Amendment ”) amends and restates the Original Form 8-K in its entirety, and is being filed for the sole purpose
of correcting the disclosure in Item 2.03 regarding the aggregate outstanding principal balance of all loans under a revolving convertible
promissory note with Nextelligence, Inc. on April 3, 2026. An additional drawdown of $225,000 on April 1, 2026 was not included in the
Original Form 8-K. After taking into account the additional drawdown, as of April 3, 2026, the aggregate outstanding principal balance
of all loans under the revolving convertible promissory note was $5,114,052. Other than the correction to the disclosure regarding the
additional drawdown on April 1, 2026, and the aggregate outstanding principal balance under the referenced note as of April 3 and April
7, 2026, this Amendment is identical to the Original Form 8-K.
1
Item
1.01 Entry
into a Material Definitive Agreement.
On
March 30, 2026, FreeCast, Inc., a Florida corporation (the “Company,” “we” or “our”)
entered into an Amendment to Equity Purchase Agreement (the “Amendment”) with Amiens Technology Investments, LLC (the
“Investor”). The Amendment amends an Equity Purchase Agreement (the “EPA”) we entered into with
the Investor on December 8, 2025, pursuant to which the Investor has committed to purchase shares of our Class A common stock, par value
$0.0001 per share. Upon the terms and subject to the satisfaction of the conditions set forth in the EPA, we have the right, but not
the obligation, to sell to the Investor, and the Investor is obligated to purchase, up to $50 million in shares of our Class A common
stock. Advances under the agreement are conditioned on our compliance with certain customary conditions.
Pursuant
to the terms of the EPA, the purchase price of the shares of Class A common stock issued under the EPA is based on 95% of the VWAP (volume-weighted
average price) over a certain number of trading days following an advance request (the “Pricing Period”). Under the
terms of the Amendment, the Pricing Period was extended from five trading days to ten trading days following an advance request.
The
Amendment also extended the time period within which we have to file with the Securities and Exchange Commission a registration statement
for the resale by the Investor of the shares of Class A common stock issued to Investor in accordance with the EPA. Under the terms of
the Amendment, the time period within which we are required to file the initial registration statement was extended from 15 to 30 days
following the trading day immediately following March 10, 2026, the day our shares of Class A common stock began trading on Nasdaq.
Due
to the change in the definition of Pricing Period described above, Section 11.04 of the EPA was amended and restated by the Amendment
so that the formula for determining the number of Commitment Shares (as defined in the EPA) issued to the Investor on certain dates continues
to be based on lower of $10 and the lowest daily VWAP of Class A shares during a five trading day period.
The
full text of the Amendment is attached as Exhibit 10.1 hereto and is incorporated by reference herein. You are urged to read said
exhibit attached hereto in its entirety.
Item
2.03 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, Amendment 9 filed on December 9, 2025, we disclosed that on November 21, 2025, the Company entered
into a revolving convertible promissory note with Nextelligence, Inc. (“Nextelligence”) in the principal amount of
not more than $5 million (the “Note”). Nextelligence is controlled by William A. Mobley, Jr., our Chief Executive
Officer, Chairman of our board of directors and holder of the majority voting power of the Company.
2
The
aggregate outstanding principal balance of all loans under the Note as of the date we entered into the Note was $1,315,552. We borrowed
an additional $200,000 under the Note on March 30, 2026, and an additional $225,000 under the Note on April 1, 2026. As of April 7, 2026,
the aggregate outstanding principal balance of all loans under the Note is $5,114,052.
In
lieu of repayment, at Nextelligence’s option, all or part of the outstanding principal and accrued interest (“Debt”)
is convertible into shares of our Class A common stock (“Shares”) at a conversion price of $8.00 per Share.
All
loans made under the Note accrue interest at a fixed rate per annum equal to 12.0%. The outstanding principal and accrued and unpaid
interest under the Note are due and payable no later than June 30, 2026. We have the right to prepay the Note, in whole or in part, at
any time; provided, however, we must provide Nextelligence five days prior written notice of our intention to make such prepayment.
If
we: (i) fail to comply with any provision under the Note, including, but not limited to, failing to immediately pay all amounts due to
Nextelligence when due in accordance with the Note; or (ii) become subject to certain bankruptcy or insolvency events, at the option
of Nextelligence, the unpaid principal amount of the Note, accrued interest thereon, any fees or any other sums payable thereunder will
thereafter until paid in full bear interest at a rate per annum equal to 18.0%.
In
case of a stock split, a stock combination, or a reverse stock split of the Shares, the number of Shares into which any Debt may be converted
and the conversion price shall be proportionately adjusted.
The
full text of the Note is attached as Exhibit 4.1 hereto and is incorporated by reference herein. You are urged to read said exhibit
attached hereto in its entirety.
3
Item 9.01
Financial Statements and
Exhibits
Exhibit
No.
Description
4.1
Revolving Convertible Promissory Note made by FreeCast, Inc. in favor of Nextelligence, Inc., dated November 21, 2025 made by FreeCast, Inc. (incorporated by reference to Exhibit 4.15 to FreeCast, Inc. Registration Statement on Form S-1, Amendment 9 filed on December 9, 2025)
10.1
Amendment to Equity Purchase Agreement between FreeCast, Inc. and Amiens Technology Investments, LLC, dated March 30, 2026 (incorporated by reference to Exhibit 10.1 to FreeCast, Inc. Current Report on Form 8-K filed on April 3, 2026)
10.2
Equity Purchase Agreement between FreeCast, Inc. and Amiens Technology Investments, LLC, dated December 8, 2025 (incorporated by reference to Exhibit 10.30 to FreeCast, Inc. Registration Statement on Form S-1, Amendment 9 filed on December 9, 2025)
104
Cover
Page Interactive Data File (embedded within the Inline XBRL document)
4
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 hereunto duly authorized.
Date:
April 7, 2026
FreeCast,
Inc.
By:
/s/
William A. Mobley, Jr.
William
A. Mobley, Jr.
Chief
Executive Officer
5
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Mar. 30, 2026
Cover [Abstract]
Document Type
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Amendment Description
On
April 3, 2026, FreeCast, Inc., a Florida corporation filed a Current Report on Form 8-K (the “Original Form 8-K ”)
to report the entry into a material agreement and creation of a direct financial obligation.
This Amendment No. 1 on Form 8-K/A (this
“ Amendment ”) amends and restates the Original Form 8-K in its entirety, and is being filed for the sole purpose
of correcting the disclosure in Item 2.03 regarding the aggregate outstanding principal balance of all loans under a revolving convertible
promissory note with Nextelligence, Inc. on April 3, 2026. An additional drawdown of $225,000 on April 1, 2026 was not included in the
Original Form 8-K. After taking into account the additional drawdown, as of April 3, 2026, the aggregate outstanding principal balance
of all loans under the revolving convertible promissory note was $5,114,052. Other than the correction to the disclosure regarding the
additional drawdown on April 1, 2026, and the aggregate outstanding principal balance under the referenced note as of April 3 and April
7, 2026, this Amendment is identical to the Original Form 8-K.
Document Period End Date
Mar. 30, 2026
Entity File Number
001-43122
Entity Registrant Name
FreeCast, Inc.
Entity Central Index Key
0001633369
Entity Tax Identification Number
45-2787251
Entity Incorporation, State or Country Code
FL
Entity Address, Address Line One
6901 TPC Drive
Entity Address, Address Line Two
Suite 100
Entity Address, City or Town
Orlando
Entity Address, State or Province
FL
Entity Address, Postal Zip Code
32822
City Area Code
407
Local Phone Number
374-1607
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Title of 12(b) Security
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Trading Symbol
CAST
Security Exchange Name
NASDAQ
Entity Emerging Growth Company
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