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Nightfood Holdings has signed a letter of intent to acquire a 51% interest in Jiun Jiang Enterprise through an all-stock transaction, with consideration structured around verified revenue performance.
The proposed deal sets enterprise value benchmarks ranging from $100 million to $1.2 billion, making the final valuation contingent on what Jiun Jiang Enterprise's books actually show.
Deal Structure: Stock for Milestones, Not a Fixed Price The transaction carries no fixed purchase price in the conventional sense.
Instead, the all-stock consideration scales against performance-based milestones, with enterprise value benchmarks spanning a twelvefold range — from $100 million at the low end to $1.2 billion at the ceiling.
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