Nightfood (NGTF) signs LOI to acquire Skytech Automated Solutions for $6.2M

NightFood Holdings, Inc.

Deal valued at $6.2M: $1.2M in Series C Preferred Stock at closing + up to $5M earnout based on revenue milestones ($5M, $10M, $25M, $50M).
Skytech management also eligible for $35M revenue-based and $18.1M EBITDA-based equity awards.
Part of Nightfood's $40M acquisition roadmap; has acquired Future Hospitality Ventures, expects SWC Group Inc deal by Q2 2025.
30-day due diligence; definitive agreement targeted Q2 2025; LOI non-binding, no assurance of final transaction.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.