Nightfood Holdings

Nightfood Holdings

Closed: Oct. 2023

About this raise

Nightfood Holdings is raising funds through Reg A+ crowdfunding with Dalmore Group as the Broker-Dealer. The company is focused on tackling the nighttime snacking problem with its specialized snacks. The snacks of Nightfood are formulated by sleep and nutrition experts and have a sleep-friendly profile for people snacking at night. Nightfood snacks are largely available in hotel chains and trusted hotel brands, including Holiday Inn, Courtyard by Marriott, Best Western, Hyatt Palace, Crowne Plaza, Westin, and many more. Sean Folkson founded Nightfood Holdings in 2013. The current crowdfunding campaign has a maximum target of $7.5 million. The campaign proceeds will be used for sales, marketing, business development, legal services, research and development, product development, administrative costs, and working capital.

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Investment Overview

Invested this round: $192,076

Deal Terms

Total Commitments

Platform
Dalmore Group
Start Date
10/24/2022
Close Date
10/24/2023
Min. Goal
$900
Max Goal
$7,500,000
Min. Investment

$900

Security Type

Equity - Common

Company Stage

Growth Stage

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.50

Pre-Money Valuation

$60,000,000

Company & Team

Company

Year Founded
2013
Industry
Food, Beverage, & Restaurants
Tech Sector
Foodtech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Tarrytown, New York
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Sean Folkson
Title
CEO

Financials

 Revenue
$443,538
 Monthly Burn
$210,273
 Runway
1.3 months

Balance Sheet

Cash and Cash Equivalents

$280,877

Accounts and Notes Receivable

$93,674

Total Assets

$843,879

Accounts Payable & Accrued Liabilities

$578,303

Long Term Debt

$0

Total Liabilities

$578,303

Total Stockholders' Equity

$265,579

Total Liabilities and Equity

$843,879

Statement of Comprehensive Income Information

Total Revenues

$443,538

Costs & Expenses Applicable to Rev

$2,372,873

Depreciation and Amortization

$275,423

Net Income

$-2,523,277

Earnings Per Share - Basic

$-0.03

Earnings Per Share - Diluted

$-0.03

Auditor: Gries and Associates, LLC
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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/24/2023 Dalmore Group $60,000,000 $192,076 Equity - Common Funded RegA+
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Add to portfolio
Nightfood Holdings on Dalmore Group 2022
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $60,000,000
Price per Share: $1.50

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Warning: according to the close date for this deal, Nightfood Holdings may no longer be accepting investments.

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