Nightfood Holdings, Inc. announced that it expects to receive $0.7 million in funding from Mast Hill Management, LLC
October 10, 2022
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Nightfood Holdings, Inc. announced a private placement of convertible note for gross proceeds of $700,000 on October 11, 2022. The transaction will include participation from Mast Hill Fund, L.P., a fund managed by Mast Hill Management, LLC.
Nightfood Holdings, Inc. is engaged in manufacturing and distributing snack products specifically formulated for nighttime snacking to help consumers satisfy nighttime cravings in a healthier and sleep-friendly way. The Company's operations are conducted by its two subsidiaries: Nightfood, Inc. (Nightfood) and MJ Munchies, Inc. (Munchies). Nightfood is in the business of manufacturing, marketing and distributing snacks specially formulated and promoted for evening consumption. Nightfood is formulated with tryptophan, vitamin B6, calcium, magnesium, and zinc, protein and prebiotic fiber. Nightfood ice cream is available in nine flavors, such as Full Moon Vanilla, Midnight Chocolate, Cold Brew Decaf, After Dinner Mint Chip, Milk & Cookie Dough, Cherry Eclipse, Bed and Breakfast, and others. Munchies has built an intellectual property portfolio that includes protection regarding the use of the Half-Baked mark in the State of California relating to certain cannabis-related products.