---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-017045"
form_type: "8-K"
ticker: "NGTF"
cik: "0001593001"
company_name: "NightFood Holdings, Inc."
filed_at: "2025-10-06T23:59:59+00:00"
generated_at: "2026-05-17T04:35:09.118285+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Nightfood Holdings acquires Hilton Garden Inn hotel for $42.3M in preferred stock

## Summary
- Acquired 100% of Treasure Mountain Holdings (Hilton Garden Inn, Rancho Mirage, CA); enterprise value $52.78M, purchase price $42.28M in 176,167 Series C Preferred shares.
- Each Series C Preferred share converts into 6,000 common shares; implied valuation based on $0.04 common stock price.
- Earnout of up to $4.8M (20,000 additional Series C Preferred shares) if five new guest rooms completed by Dec 31, 2027.
- Working capital requirement of $100K cash; transaction closed Sept 30, 2025. Nightfood (NGTF) OTCQB-listed.
- Series C Preferred is junior to Series B Preferred; Class A Preferred retains super-majority voting rights.

## SEC filing metadata
- accession: 0001493152-25-017045
- form_type: 8-K
- ticker: NGTF
- cik: 0001593001
- company_name: NightFood Holdings, Inc.
- filed_at: 2025-10-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1593001/000149315225017045/0001493152-25-017045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593001/000149315225017045/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-017045
- JSON: https://secwatch.observer/filing/0001493152-25-017045.json
- Plain text: https://secwatch.observer/filing/0001493152-25-017045.txt

## Source-grounded claims
- claim_id: 063a097a3ca8c26f445d035c1227a9b354b2255c
  claim: NightFood Holdings, Inc. completed an acquisition involving Treasure Mountain Holdings, LLC, SBZ Industry Investment Inc., Xu Shunping, Xu Lian for $42,280,080 (closed 2025-09-30).
  evidence_excerpt: Treasure Mountain’s enterprise value to be of $52,780,080, based on the outstanding debt of Treasure Mountain, an amount not exceeding $10,500,000, the purchase price was $42,280,080 and a potential earnout of up to an additional $4,800,000 (the “Purchase Price”). The Purchase Price for the Membership Interests was satisfied by the issuance of 176,167 shares
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593001/000149315225017045/0001493152-25-017045-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.