CAST · FreeCast, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“These factors, among others, raise substantial doubt about our ability to continue as a going concern for the next twelve months from the date these financial statements were issued.”View the 10-Q filed May 15, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-04-20 | MOBLEY WILLIAM A JR |
Director, Chief Executive Officer, 10% Owner |
Other↑
Filing footnotes — Class A Common Stock (Indirect)
In connection with Nextelligence and FreeCast entering into the renewal note, Nextelligence delivered written notice to FreeCast on April 20, 2026, of its election to convert: (i) $1,600,000 in outstanding principal into 455,841 shares, based on a conversion price of $3.51; and (ii) $114,052 into 28,513 shares based on a conversion price of $4. As of April 21, 2026, after the above conversions, the aggregate outstanding principal balance plus accrued interest under the note is $3,562,012, which is convertible into 1,149,037 shares based on a conversion price of $3.10. William A. Mobley, Jr. is an officer, sole director, majority shareholder and holds voting and dispositive control of Nextelligence, Inc. |
Class A Common Stock
(I)
|
484,354 |
| 2026-04-20 | MOBLEY WILLIAM A JR |
Director, Chief Executive Officer, 10% Owner |
Other↓
Filing footnotes — Convertible Promissory Note (Indirect)
In connection with Nextelligence and FreeCast entering into the renewal note, Nextelligence delivered written notice to FreeCast on April 20, 2026, of its election to convert: (i) $1,600,000 in outstanding principal into 455,841 shares, based on a conversion price of $3.51; and (ii) $114,052 into 28,513 shares based on a conversion price of $4. As of April 21, 2026, after the above conversions, the aggregate outstanding principal balance plus accrued interest under the note is $3,562,012, which is convertible into 1,149,037 shares based on a conversion price of $3.10. See column 2 as this transaction is a conversion. William A. Mobley, Jr. is an officer, sole director, majority shareholder and holds voting and dispositive control of Nextelligence, Inc. |
Convertible Promissory Note
(I)
|
0 |
| 2026-04-20 | MOBLEY WILLIAM A JR |
Director, Chief Executive Officer, 10% Owner |
Other↑
Filing footnotes — Renewal Revolving Convertible Promissory Note (Indirect)
On April 20, 2026, FreeCast and Nextelligence entered into a note that renewed and modified that certain Revolving Convertible Promissory Note between FreeCast and Nextelligence dated November 21, 2025 in the principal amount of up to $5,000,000 (the "Former Note") by extending the maturity date and changing the payment terms with regards to the conversion price of the Former Note only. By renewing the Former Note, the note superseded in its entirety, and was substituted for and in lieu of, the Former Note, and the Former Note was cancelled. See column 8. In connection with Nextelligence and FreeCast entering into the renewal note, Nextelligence delivered written notice to FreeCast on April 20, 2026, of its election to convert: (i) $1,600,000 in outstanding principal into 455,841 shares, based on a conversion price of $3.51; and (ii) $114,052 into 28,513 shares based on a conversion price of $4. As of April 21, 2026, after the above conversions, the aggregate outstanding principal balance plus accrued interest under the note is $3,562,012, which is convertible into 1,149,037 shares based on a conversion price of $3.10. Outstanding principal and interest is convertible into shares of FreeCast Class A common stock, par value $0.0001 per share, at a conversion price equal to the closing price of a share on the Nasdaq Global Market on the most recent trading day prior to the date Nextelligence delivers written notice to FreeCast of its election to convert some or all of the outstanding debt. The Renewal Revolving Convertible Promissory Note was entered into on April 20, 2026, and it matures on June 30, 2027. The conversion feature is available any time during that period. William A. Mobley, Jr. is an officer, sole director, majority shareholder and holds voting and dispositive control of Nextelligence, Inc. |
Renewal Revolving Convertible Promissory Note
(I)
|
0 |
| 2026-04-17 | MOBLEY WILLIAM A JR |
Director, Chief Executive Officer, 10% Owner |
Sell↓
Filing footnotes — Class A Common Stock (Indirect)
Sold 87,500 shares at $4/share; 200,000 shares at $6/share; and 218,750 shares at $8/share. William A. Mobley, Jr. is an officer, sole director, majority shareholder and holds voting and dispositive control of Nextelligence, Inc. |
Class A Common Stock
(I)
|
506,250 |
| 2026-02-11 | Jennings William Patrick Jr |
Director |
Other↑
|
No Securities Owned
|
0 |