Investment
Features
FeesSafety
Academy
More
Pluang+

Nightfood signs LOI to acquire 51% of Jiun Jiang, boosting semiconductor and AI manufacturing platform.

Company Fundamentals
25 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Nightfood Holdings announced a non-binding Letter of Intent to acquire a 51% controlling stake in Jiun Jiang Enterprise, a Taiwan-based manufacturer specializing in semiconductor automation and advanced manufacturing systems. The deal, structured as an all-stock transaction with performance-based consideration tied to audited revenue milestones, aims to create a diversified platform at the intersection of semiconductor manufacturing, AI infrastructure, and robotics. This acquisition leverages Jiun Jiang’s established operations and customer base, with plans to expand production capacity and U.S. manufacturing capabilities. The transaction is subject to due diligence, definitive agreements, and regulatory approvals, with Nightfood targeting significant revenue growth and profitability over the next five years.

More News

Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...

Market News
Bullish
38 minutes ago
Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...

Company Fundamentals
Bullish
38 minutes ago
Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...

Company Fundamentals
Bullish
38 minutes ago
Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...

Market News
Bullish
1 hour ago
$1.7B invested to deploy Bloom Energy fuel cells powering AI cloud infrastructure for Nebius.

$1.7B invested to deploy Bloom Energy fuel cells powering AI cloud infrastructure for Nebius.

Industrial Development Funding (IDF) and Oaktree have committed $1.7 billion to support Bloom Energy's fuel cell technology for building AI cloud infrastructure for Nebius. This project will provide dedicated behind-the-meter power to meet the high c...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App