Nightfood Holdings Highlights Robotics Progress in Shareholder Update
Nightfood details new robotics agreements, pharma deployments and governance upgrades it says support a broader AI automation platform and possible uplisting.
Rhea-AI Summary
Nightfood Holdings (NGTF), doing business as TechForce Robotics, issued a shareholder update outlining recent milestones in manufacturing expansion, pharmaceutical automation, connected robotics and corporate governance.
TechForce signed a strategic supply and development agreement with Taiwan-based JJ Enterprise and is evaluating up to approximately 100,000 square feet of additional manufacturing capacity in Taiwan and the United States. Nightfood previously announced a nonbinding letter of intent to acquire a 51% controlling interest in JJ Enterprise through an all-stock transaction. In pharmaceutical automation, TechForce advanced to Phase 2 of its collaboration with Oncotelic Therapeutics, deploying its PUR-E robot at SAPU Bio’s OEB-5 sterile injectable cGMP facility alongside its LIM-E system. The Company is also developing a proprietary Robotic Connective Network and signed an LOI with NBR Intelligence to evaluate a multi-site factory automation program with a planning target of up to 5,000 robotic systems.
Nightfood reported corporate changes including an independent board majority, three exchange-standard committees, the appointment of Yury Pyatigorsky as CFO and formation of a six-member Industry Advisory Board, and indicated these steps could support a potential future listing on a national securities exchange.
Positive
- Strategic deal with JJ Enterprise plus evaluation of ~100,000 sq. ft. added manufacturing capacity across Taiwan and the United States
- Nonbinding LOI to acquire 51% of JJ Enterprise via all-stock transaction, potentially adding in-house manufacturing and development capabilities
- Advanced to Phase 2 pharmaceutical automation with Oncotelic, deploying PUR-E at SAPU Bio’s OEB-5 sterile injectable cGMP facility
- LOI with NBR Intelligence to evaluate multi-site factory automation targeting up to 5,000 robotic systems
- Established independent board majority, three standing committees and appointed a new CFO, aligning governance with national exchange standards
- Formed a six-member Industry Advisory Board to support business development, operations, sales, marketing and leadership
Negative
- Planned 51% JJ Enterprise acquisition remains subject to definitive agreements, due diligence, PCAOB-compliant audits, approvals and other closing conditions
- NBR Intelligence quantities, pricing and schedule are nonbinding planning estimates and do not represent purchase orders or contracted revenue
- Company reiterates that NBR-related quantities, pricing and timing are preliminary and not guaranteed future revenue or backlog
News Explained
The update adds no committed NBR orders and does not close the proposed JJ deal; any all-stock ownership effect remains conditional.
The proposed JJ Enterprise acquisition has not closed: the company says it still requires definitive agreements, due diligence, audits, approvals and other closing conditions.
Because the stated consideration is all stock, a completed transaction would increase the share count and reduce existing holders’ percentage ownership absent offsetting changes.
The NBR letter of intent remains a nonbinding planning estimate of up to 5,000 robotic systems, not a purchase order, backlog, contracted revenue or guaranteed future revenue.
The stated resolution points are definitive acquisition agreements and closing approvals for JJ Enterprise, plus binding orders or contracted revenue for NBR.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Recent milestones broaden TechForce Robotics’ reach while strengthening its technology, leadership and governance foundation
IRVINE, Calif., Sept. 03, 2026 (GLOBE NEWSWIRE) -- via IBN -- Nightfood Holdings, Inc. (OTCQB: NGTF), doing business as TechForce Robotics (“TechForce” or the “Company”), today provided shareholders with an update on recent accomplishments that have expanded its commercial opportunities, broadened its technology platform and strengthened its leadership and governance structure.
Together, these milestones reflect Nightfood’s expansion from its hospitality robotics base into a broader AI-powered enterprise automation platform spanning pharmaceutical, semiconductor, industrial and connected robotic operations.
Recent accomplishments include:
- Advanced manufacturing: TechForce entered into a strategic supply and development agreement with Taiwan-based Jiun Jiang Enterprise Co., Ltd. (“JJ Enterprise”). The companies are evaluating up to approximately 100,000 square feet of additional manufacturing capacity across Taiwan and the United States. Nightfood also previously announced a nonbinding letter of intent to acquire a
51% controlling interest in JJ Enterprise through an all-stock transaction. - Pharmaceutical automation: TechForce advanced to Phase 2 of its joint development collaboration with Oncotelic Therapeutics, Inc. (OTCQB: OTLC), deploying its PUR-E autonomous support robot at SAPU Bio’s OEB-5 sterile injectable cGMP facility. PUR-E joined LIM-E, which supported the completed Phase 1 objectives focused on materials logistics and internal transport.
- Connected robotic operations: The Company highlighted the development of its proprietary Robotic Connective Network and patent-pending technology designed to allow robotic fleets and connected devices to coordinate tasks across different systems.
- Industrial deployment opportunity: TechForce signed an LOI with NBR Intelligence Pte. Ltd. to evaluate a multi-site factory automation program with a nonbinding planning target of up to 5,000 robotic systems.
- Corporate readiness: Nightfood established an independent board majority and three standing committees whose composition meets applicable national securities exchange standards. The Company also appointed Yury Pyatigorsky as chief financial officer and formed a six-member Industry Advisory Board with experience across business development, operations, sales, marketing and organizational leadership.
The proposed JJ Enterprise acquisition remains subject to definitive agreements, due diligence, PCAOB-compliant audits, applicable approvals and other closing conditions. The NBR quantities, pricing and schedule are nonbinding planning estimates and do not constitute purchase orders, backlog, contracted revenue or guaranteed future revenue.
“These accomplishments reflect steady execution across technology, commercial development and corporate readiness,” said Jimmy Chan, CEO of Nightfood Holdings. “We are expanding the markets we can serve, but our priorities remain practical: advance each program through clear milestones, convert opportunities into commercial results and maintain the discipline required for our next stage as a public company.”
Nightfood plans to continue advancing its previously announced commercial opportunities, pharmaceutical automation program and connected robotics technology while strengthening the operational, financial and governance foundation that could support a potential listing on a national securities exchange. Shareholders can review the Company’s announcements and SEC filings at www.nightfoodholdings.com.
The proposed JJ Enterprise acquisition remains subject to definitive agreements, due diligence, audits, approvals and other closing conditions. NBR quantities, pricing and timing are preliminary estimates and do not represent purchase orders, backlog or contracted revenue.
About Nightfood Holdings, Inc.
Nightfood Holdings, Inc. (OTCQB: NGTF), doing business as TechForce Robotics, is building an AI-powered enterprise robotics and automation platform focused on transforming how organizations automate physical operations. Through the development, acquisition, and commercialization of intelligent technologies, the Company is creating an integrated platform that combines autonomous robotics, artificial intelligence, software, and Robotics-as-a-Service (RaaS) to enable connected, intelligent workflows across commercial and industrial environments.
The Company's strategy extends beyond individual robotic systems to developing the technology infrastructure that allows robots, AI, sensors, and enterprise software to operate as coordinated intelligent networks. By integrating hardware, software, and recurring service offerings, Nightfood seeks to accelerate enterprise adoption of autonomous automation while creating scalable, recurring revenue opportunities.
For more information, visit www.nightfoodholdings.com or www.techforcerobotics.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements regarding the proposed acquisition of a controlling interest in JJ Enterprise, potential manufacturing expansion, contemplated pilot and scaled deployments with NBR, pharmaceutical automation initiatives, development and commercialization of the Robotic Connective Network, future growth opportunities, the Company’s potential listing on a national securities exchange and other future events and developments.
Forward-looking statements are based on management’s current expectations, estimates, projections, beliefs and assumptions and are subject to significant risks and uncertainties. These risks include the nonbinding nature of the proposed JJ Enterprise acquisition and NBR commercial terms, the Company’s ability to complete due diligence and audits, negotiate definitive agreements, obtain financing and required approvals, achieve pilot acceptance, commercialize its technologies, satisfy applicable listing requirements and address other risks described in its filings with the U.S. Securities and Exchange Commission. There can be no assurance that any proposed transaction, deployment or national securities exchange listing will be completed.
Forward-looking statements speak only as of the date made. The Company undertakes no obligation to update or revise them, except as required by law.
Investor Relations and Media Contacts
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FAQ
What is the strategic agreement between TechForce Robotics and JJ Enterprise mentioned by NGTF?
TechForce entered a strategic supply and development agreement with Taiwan-based JJ Enterprise. The companies are evaluating up to approximately 100,000 square feet of additional manufacturing capacity across Taiwan and the United States to support TechForce’s advanced manufacturing needs.
Is Nightfood Holdings (NGTF) planning to acquire a stake in JJ Enterprise?
Nightfood previously announced a nonbinding LOI to acquire a 51% controlling interest in JJ Enterprise through an all-stock transaction. The proposed acquisition is subject to definitive agreements, due diligence, PCAOB-compliant audits, required approvals and other closing conditions.
How is TechForce Robotics expanding into pharmaceutical automation according to the NGTF update?
TechForce advanced to Phase 2 of its collaboration with Oncotelic Therapeutics, deploying its PUR-E autonomous support robot at SAPU Bio’s OEB-5 sterile injectable cGMP facility. PUR-E joins the LIM-E robot, which supported completed Phase 1 logistics and internal transport objectives.
What is the LOI with NBR Intelligence that Nightfood Holdings (NGTF) disclosed?
TechForce signed an LOI with NBR Intelligence to evaluate a multi-site factory automation program, with a nonbinding planning target of up to 5,000 robotic systems. The company states these quantities, pricing and schedule are preliminary estimates and not purchase orders or contracted revenue.
What governance and leadership changes did Nightfood Holdings (NGTF) report?
Nightfood established an independent board majority, created three standing committees aligned with national exchange standards, appointed Yury Pyatigorsky as chief financial officer and formed a six-member Industry Advisory Board to support growth and corporate readiness.
How could these developments affect Nightfood Holdings (NGTF) stock listing plans?
Nightfood stated that advancing its commercial programs, pharmaceutical automation and connected robotics, along with strengthening operational, financial and governance foundations, could support a potential listing on a national securities exchange in the future.