secwatch.observer — SEC 8-K summary
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Issuer:     NightFood Holdings, Inc. (NGTF)
CIK:        0001593001
Form:       8-K
Filed at:   2024-07-17T23:59:59+00:00
Accession:  0001213900-24-061941
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nightfood signs non-binding LOI to acquire CarryOutSupplies.com in all-stock deal
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- Acquires SWC Group Inc. (d/b/a CarryOutSupplies.com), a wholesaler of custom takeout packaging for foodservice.
- CarryOut recorded revenue >$2M in 2023; served over 7,000 wholesale accounts since 2004.
- Deal through Nightfood subsidiary Future Hospitality Ventures; all-stock consideration; non-binding LOI.
- CarryOut offers traditional, biodegradable, and compostable packaging to small/medium foodservice operators.
- Nightfood CEO cites synergies with existing subsidiaries and plans to restore CarryOut to pre-COVID scale.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1593001/000121390024061941/0001213900-24-061941-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1593001/000121390024061941/ea0209544-8k_night.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-061941

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer