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Eat & Beyond (CSE:EATS) eyes strategic expansion, initiates $12.5 million offering

Finance, The Market Online Deal Room
CSE:EATS
17 October 2022 11:45 (EST)

Eat & Beyond Global Holdings (EATS) has announced that it has initiated an at-the-market offering of its common shares for proceeds of up to $12.5 million.

The offering of common shares will be distributed exclusively by Research Capital Corporation.

Eat & Beyond’s portfolio spans a broad cross-section of the sector, including consumer products, food service, technology, and more.

“There is significant innovation taking place in the food sector, which has the unique distinction of being a sector that every person on the planet interacts with daily; we all have to eat, and consequently, it is something that matters to everyone,” noted Eat & Beyond CEO, Michael Aucoin.

“Eat & Beyond was created to give retail investors, who may be everyday accredited or non-accredited individuals, access to participate in the growth of the early stage companies in this important sector that they otherwise may not be able to invest in,” he added.

Eat & Beyond makes equity investments in companies following a rigorous assessment by its team of advisors and industry experts and also works closely with select portfolio companies with the goal of rapidly accelerating their growth.

Eat & Beyond Global Holdings is an investment issuer that makes it easy to invest in the future of food.

Eat & Beyond identifies and makes equity investments in global companies that are developing and commercializing innovative food tech as well as plant-based and alternative food products.

Eat & Beyond Global Holdings Inc. was unchanged at C$0.11 at 11:15 ET.


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