- FreeCast entered a revolving convertible promissory note with Nextelligence for up to USD 5.0 million.
- The outstanding principal balance was USD 4.69 million as of March 23, 2026.
- Nextelligence may convert outstanding principal and accrued interest into Class A common shares at USD 8.00 per share.
- Borrowings under the note accrue interest at 12% per year and mature by June 30, 2026.
- Nextelligence is controlled by William Mobley, FreeCast’s CEO and board chairman.
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: 0001213900-26-032839), on March 23, 2026, and is solely responsible for the information contained therein.