false
0001593001
0001593001
2024-10-01
2024-10-01
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
October 1, 2024
NIGHTFOOD HOLDINGS, INC.
(Exact name of the
registrant as specified in its charter)
Nevada |
|
000-55406 |
|
46-3885019 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
520 White Plains Road - Suite 500
Tarrytown, New York 10591
(Address of principle executive offices) (Zip code)
Registrant’s telephone number, including
area code: (888) 888-6444
Not Applicable
(Former name or address if changed since last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14A-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14D-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class: |
|
Trading Symbol(s) |
|
Name of each exchange on which registered: |
Not applicable |
|
Not applicable |
|
Not applicable |
Indicate by check mark whether the registrant
is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure
On October 1, 2024, Nightfood Holdings, Inc. (the
“Company”) issued a press release announcing that the Company signed a letter of intent to acquire Stratford Education Group
Inc., doing business as the Los Angeles Cooking School, to integrate robotics and automation with world-class culinary training.
A copy of the press release is furnished herewith
as Exhibit 99.1.
The information in this Item 7.01 disclosure,
including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange
Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section. In addition, the
information in this Item 7.01 disclosure, including Exhibits 99.1, shall not be incorporated by reference into the filings of the Company
under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf of the undersigned hereunto
duly authorized.
Date: October 1, 2024
NIGHTFOOD HOLDINGS, INC. |
|
|
|
By: |
/s/ Lei Sonny Wang |
|
Name: |
Lei Sonny Wang |
|
Title: |
Chief Executive Officer |
|
2
Exhibit 99.1
Nightfood Signs Letter of Intent to Acquire Los Angeles Cooking
School, Integrating Automation and Robotics with World-Class Culinary Training
Tarrytown, NY – October 1, 2024 – Nightfood Holdings, Inc.
(OTCQB: NGTF), an acquisition and development holding company, announced today that it has signed a Letter of Intent (LOI) to acquire
Stratford Education Group Inc., doing business as the Los Angeles Cooking School.
The Los Angeles Cooking School is renowned for its exceptional culinary
training and education programs. Course offerings are being expanded to include state-of-the-art training for hospitality and food service
operators wanting to leverage robotics and automation solutions.
The vision is to establish the Los Angeles Cooking School as the world-class
leader in integration of food preparation automation, robotics, and AI. This powerful synergy is what Management envisioned when the initiative
to acquire both Future Hospitality and Los Angeles Cooking School was conceived in late 2023.
The Robotics-as-a-Service business model of Future Hospitality is a
unique and robust approach to lowering the barriers of entry to automation within the foodservice, restaurant, and hospitality industry.
By providing training for integration and implementation, Nightfood’s vertical integration can provide a competitive advantage in
this fast-growing space.
Sonny Wang, CEO of Nightfood Holdings, Inc., commented, “The
acquisition of the Los Angeles Cooking School marks an important milestone in our growth strategy. We see tremendous leverage in pioneering
a platform where culinary education meets the future in automation technology. By making it easier to integrate automation, AI, and robotics,
we will empower food entrepreneurs to launch and scale the technology needed to survive and thrive in the marketplace of the future.”
Christopher Becker, President of Stratford Education Group,
shared, “Human creativity and touch will never disappear. But automation, robotics, and AI are a major part of the future of the
culinary arts. Working with Future Hospitality the Los Angeles Cooking School will deliver world-class training in this new space, allowing
Nightfood to provide an end-to-end solution unmatched in the industry.”
The transaction is subject to customary closing conditions, including
the execution of definitive agreements and necessary regulatory approvals.
About Nightfood Holdings, Inc.
Nightfood Holdings Inc. (OTCQB: NGTF) is a forward-thinking holding company dedicated to identifying and capitalizing on explosive
market trends within the hospitality, food services, consumer packaged goods and commercial real estate sectors. Our mission is to create
unparalleled upside potential in industries ripe for innovation and growth by leading newly emerging categories and seizing opportunities
in markets undergoing transformational upheaval.
Through our subsidiary, Future Hospitality Ventures Holdings, Inc.
we are at the forefront of introducing and deploying AI-enabled robotics products, revolutionizing operational efficiencies and customer
experiences across restaurants, foodservice operations, and hospitality on a Robotics-as-a-Service model.
About Stratford Education Group, Inc. dba Los Angeles Cooking School
The Los Angeles Cooking School, established in 2020, is a world-class culinary education
institution. With a focus on hands-on learning and practical skills, the school has earned a reputation for excellence in culinary training
and education. That reputation and experience is now being applied training in robotics, automation, and AI as the future of the culinary
arts.
Forward-Looking Statement Disclaimer
This press release contains forward-looking statements,
as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties. Forward-looking
statements can be identified through the use of words such as “anticipates,” “expects,” “intends,” “plans,”
“believes,” “seeks,” “estimates,” “guidance,” “may,” “can,” “could”,
“will”, “potential”, “should,” “goal” and variations of these words or similar expressions. Readers
are cautioned not to place undue reliance on these forward-looking statements, which reflect Nightfood’s current expectations and
speak only as of the date of this release. Actual results may differ materially from Nightfood’s current expectations depending
upon a number of factors. These factors include, among others, adverse changes in general economic and market conditions, competitive
factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product
offerings and market changes, risks associated with managing the growth of the business. Except as required by law, Nightfood does not
undertake any responsibility to revise or update any forward-looking statements whether as a result of new information, future events
or otherwise. More detailed information about Nightfood and the risk factors that may affect the realization of forward-looking statements
is set forth in Nightfood’s filings with the Securities and Exchange Commission (“SEC”). Investors and security holders
are urged to read these documents free of charge on the SEC’s website at http://www.sec.gov.
Media Contact:
Contact:
Nightfood Holdings Inc.
Media Relations
Email: media@nightfood.com
Phone: (886) 261-7778
v3.24.3
X |
- DefinitionBoolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
+ Details
Name: |
dei_AmendmentFlag |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionFor the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
+ Details
Name: |
dei_DocumentPeriodEndDate |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:dateItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
+ Details
Name: |
dei_DocumentType |
Namespace Prefix: |
dei_ |
Data Type: |
dei:submissionTypeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 1 such as Attn, Building Name, Street Name
+ References
+ Details
Name: |
dei_EntityAddressAddressLine1 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 2 such as Street or Suite number
+ References
+ Details
Name: |
dei_EntityAddressAddressLine2 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Definition
+ References
+ Details
Name: |
dei_EntityAddressCityOrTown |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCode for the postal or zip code
+ References
+ Details
Name: |
dei_EntityAddressPostalZipCode |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the state or province.
+ References
+ Details
Name: |
dei_EntityAddressStateOrProvince |
Namespace Prefix: |
dei_ |
Data Type: |
dei:stateOrProvinceItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityCentralIndexKey |
Namespace Prefix: |
dei_ |
Data Type: |
dei:centralIndexKeyItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIndicate if registrant meets the emerging growth company criteria.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityEmergingGrowthCompany |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCommission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
+ Details
Name: |
dei_EntityFileNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:fileNumberItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTwo-character EDGAR code representing the state or country of incorporation.
+ References
+ Details
Name: |
dei_EntityIncorporationStateCountryCode |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarStateCountryItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityRegistrantName |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityTaxIdentificationNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:employerIdItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionLocal phone number for entity.
+ References
+ Details
Name: |
dei_LocalPhoneNumber |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 13e -Subsection 4c
+ Details
Name: |
dei_PreCommencementIssuerTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 14d -Subsection 2b
+ Details
Name: |
dei_PreCommencementTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 14a -Subsection 12
+ Details
Name: |
dei_SolicitingMaterial |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Securities Act -Number 230 -Section 425
+ Details
Name: |
dei_WrittenCommunications |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
Nightfood (QB) (USOTC:NGTF)
Historical Stock Chart
From Oct 2024 to Nov 2024
Nightfood (QB) (USOTC:NGTF)
Historical Stock Chart
From Nov 2023 to Nov 2024