secwatch.observer — SEC 8-K summary
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Issuer:     NightFood Holdings, Inc. (NGTF)
CIK:        0001593001
Form:       8-K
Filed at:   2025-10-06T23:59:59+00:00
Accession:  0001493152-25-017045
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 2.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1593001/000149315225017045/0001493152-25-017045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1593001/000149315225017045/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-017045

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