- Restaurants services are facing growing pressure for efficiency, which can be accomplished by the integration of robotics into daily performance
- Nightfood Holdings has acquired Future Hospitality Ventures Holdings, an emerging leader in Robots-as-a-Service for restaurants, subsequently appointing Sonny Wang as CEO of NGTF to lead expansion and growth
Nightfood Holdings (OTCQB: NGTF), a previously under-the-radar holding company focused on acquisitions in the hospitality, food service, and CPG sectors, has announced a two-pronged strategic move. This initiative targets both the operational efficiency of the hospitality sector and the growing consumer demand for sleep-focused wellness products. While seemingly disparate on the surface, a closer examination reveals a potentially synergistic approach with the potential to unlock significant shareholder value.
The recent acquisition of Future Hospitality Ventures Holdings, Inc., a California-based robotics company focused on Robots-as-a-Service (“RaaS”), positions Nightfood at the forefront of automation solutions for the food service industry. This move comes at a critical time, as rising minimum wages put pressure on…
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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