Nightfood
Holdings (NGTF) Issues Shareholder Update on Imminent Strategic
Acquisitions and Rapid Expansion in AI-Powered Hospitality
Automation
TARRYTOWN,
NY -- March 27, 2025 -- InvestorsHub NewsWire -- Nightfood
Holdings, Inc. (OTCQB:
NGTF) is revolutionizing the hospitality industry by combining
artificial intelligence (AI)-powered robotics with strategic hotel
acquisitions and is excited to update shareholders on significant
imminent milestones in its strategic expansion.
The
team is working diligently to finalize the acquisitions of
Carryout Supplies (S W
C Group) and
Skytech Automated Solutions, Inc. in
the very near term. The Carryout Supplies acquisition, which
represents a key strategic step in expanding Nightfood's presence
in the hospitality supply chain, is expected to close
imminently.
Concurrently,
the Company is advancing swiftly toward the closing of its planned
acquisition of Skytech Automated Solutions, a leading provider of
robotics and AI-driven solutions for the hospitality industry.
Skytech recently launched its Laundry Helper robot at a second
location, underscoring the scalability and impact of its automation
technology. The Skytech closing is anticipated to follow shortly
after the completion of the Carryout Supplies
transaction.
These
acquisitions highlight Nightfood's strategic vision, positioning
the Company as a prominent innovator at the intersection of
advanced AI and hospitality automation, significantly expanding its
market presence and competitive positioning.
Nightfood
continues actively evaluating further strategic opportunities to
enhance its innovative market leadership, demonstrating a clear
commitment to aggressive, value-driven expansion.
Jamie
Steigerwald, chairman of Nightfood Holdings, stated
enthusiastically: "We're incredibly excited about the closings of
these strategic acquisitions, especially Skytech, which
strategically positions Nightfood as a rising leader in AI and
robotics within the hospitality sector. This is a transformative
moment for our Company and our shareholders, bringing substantial
opportunities for growth and shareholder value
creation."
About Nightfood Holdings, Inc. (OTCQB: NGTF)
Nightfood
Holdings, Inc. is revolutionizing the hospitality industry by
combining AI-powered robotics with strategic hotel acquisitions.
The Company's innovative approach uses advanced automation
technology to significantly improve hotel efficiency, reduce
operating costs, and address labor challenges. With its dual focus
on owning hotel properties and offering Robotics-as-a-Service
(RaaS), NGTF is strategically positioned to capitalize on the
rapidly growing global service robotics market, which is expected
to surpass $170 billion by 2030. This integrated business model
provides scalable revenue streams and positions NGTF as a leader in
hospitality automation.
Forward-Looking Statements
This
press release contains forward-looking statements regarding future
events and Nightfood Holdings' expected performance. These
statements are subject to risks and uncertainties, and actual
results may differ materially from expectations. Investors are
encouraged to review the Company's SEC filings for additional
information.
For
more information on Nightfood Holdings, Inc. (OTCQB: NGTF), please
visit
www.nightfoodholdings.com.
Investor & Media Contacts
Investor
Relations Contact: Nightfood Holdings, Inc.
Email:
ir@nightfoodholdings.com.
Media
Relations Contact:
Email:
media@nightfoodholdings.com.
Phone:
(866) 261-7778
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