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FreeCast issues 484,354 unregistered shares in debt conversion with Nextelligence

PUBT·04/22/2026 10:03:38
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FreeCast issues 484,354 unregistered shares in debt conversion with Nextelligence
  • FreeCast issued 484,354 unregistered Class A common shares to related-party Nextelligence via conversion of $1.7 million principal under its revolving convertible promissory note.
  • Conversion used market-based pricing, including 455,841 shares at $3.51 per share.
  • Separate conversion covered $114,052 principal above prior note limit, issuing 28,513 shares at $4 per share.
  • Transaction coincided with renewal of a revolving convertible promissory note with principal cap of $5 million.
  • Outstanding principal under renewed note totaled $3.4 million as of April 21, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FreeCast Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-046296), on April 22, 2026, and is solely responsible for the information contained therein.