{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-026392","form_type":"8-K","ticker":"NGTF","cik":"0001593001","company_name":"NightFood Holdings, Inc.","filed_at":"2025-09-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.452023+00:00","generated_at":"2026-05-17T08:31:49.883860+00:00","sec_items":["1.01","2.01","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Nightfood acquires 155-room Holiday Inn hotel for $31M in preferred stock","bullets":["Acquired 100% of Victorville Treasure Holdings for $31M, paid with 216,667 Series C Convertible Preferred shares (each convertible into 6,000 common shares).","Sellers can earn up to additional 41,667 Series C shares if milestones met: gym buildout, 50 members, renovations, operating under Courtyard by Marriott for 30 days.","15% of exchange shares held in escrow for 18 months to cover indemnification claims.","Purchase price adjustable if 30-day VWAP of common stock below $0.02 per share at closing.","Closing on August 27, 2025; Victorville becomes wholly owned subsidiary."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-026392","json":"https://secwatch.observer/filing/0001641172-25-026392.json","markdown":"https://secwatch.observer/filing/0001641172-25-026392.md","text":"https://secwatch.observer/filing/0001641172-25-026392.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1593001/000164117225026392/0001641172-25-026392-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1593001/000164117225026392/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T08:31:49.883860+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"457672b2e0e85afd974e925445b3f24f65ec376d","claim":"NightFood Holdings, Inc. completed an acquisition involving Victorville Treasure Holdings, LLC for $31,000,000 (closed 2025-08-27).","evidence_excerpt":"On August 27, 2025, Nightfood Holdings, Inc. (“NGTF” or the “Company”), Victorville Treasure Holdings, LLC, a California limited liability company (“Victorville”), SBZ Investment Industry Inc., a California corporation, Nuo Wei Zhang, Siyuan Li and Jue Wang (each a “Seller” and, collectively the “Sellers”), entered into a share exchange agreement (the “Agreement”) whereby the Company will acquire Victorville from the Sellers. Pursuant to the terms of the Agreement, the Company purchased 100% of the issued and outstanding membership interests (the “Membership Interests”) of Victorville from the Sellers for a total purchase price of $31,000,000 (the “Purchase Price”)","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1593001/000164117225026392/0001641172-25-026392-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Victorville Treasure Holdings, LLC"},{"label":"Consideration","value":"$31,000,000"},{"label":"Closing","value":"2025-08-27"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}