Nightfood Holdings (OTCQB: NGTF) (“TechForce Robotics”) issued a shareholder letter outlining what management called one of the most pivotal quarters in the Company’s history, driven by two major hotel acquisitions and rapid progress across its robotics operations. The Company closed on the Victorville Holiday Inn in Victorville, Calif., which is being redeveloped into an AI Hospitality Innovation Hub for piloting robotics in housekeeping, food service, and guest management, along with the $52.8 million acquisition of the Rancho Mirage Hilton Garden Inn in Rancho Mirage, Calif., a flagship site for its Robotics-as-a-Service model. Together, the transactions resulted in $91.5 million in additional temporary equity, strengthened the balance sheet, and advanced the Company’s strategy of pairing real estate assets with proprietary robotics deployment to validate ROI, support future financing and uplisting objectives, and accelerate automation adoption across hospitality and adjacent sectors.
To view the full press release, visit https://ibn.fm/YczOj
About Nightfood Holdings inc.
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. As automation rapidly becomes the standard rather than a trend in hospitality, Nightfood is committed to setting that standard — delivering intelligent solutions that enhance guest experiences and streamline operations.
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 technology-driven hospitality solutions.
NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF
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