• Nightfood Holdings signed a non-binding LOI to acquire a 51% stake in Taiwan-based Jiun Jiang Enterprise via an all-stock share exchange.
• Initial valuation framework implies enterprise value of about $100 million at an approximately $20 million annual revenue run rate.
• Additional stock consideration would be tied to PCAOB-audited annual revenue milestones, stepping implied enterprise value up to about $1.2 billion at $400 million.
• Closing is contingent on due diligence, completion of PCAOB-audited U.S. GAAP financials, definitive agreements, required approvals, and Nightfood’s uplisting.
• Jiun Jiang’s management would continue running operations, with board representation reflecting Nightfood’s controlling interest.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NightFood Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-030036), on June 25, 2026, and is solely responsible for the information contained therein.