The Very Good Food Company Commences Trading on the NASDAQ Capital Market
2021年10月13日 - 8:00PM
ビジネスワイヤ(英語)
- VERY GOOD’s common shares now trading on Nasdaq as of
Wednesday, October 13, 2021 under the ticker symbol “VGFC”.
The Very Good Food Company Inc. (TSXV: VERY.V) (NASDAQ: VGFC)
(FSE: 0SI) ("VERY GOOD" or the "Company"), a leading
plant-based food technology company, is pleased to announce that it
has begun trading its common shares on the Nasdaq Capital Market
("Nasdaq") under the ticker symbol “VGFC”. VERY GOOD
will retain its listing on the TSX Venture Exchange under the
symbol "VERY".
Torys LLP advised VERY GOOD with respect to the Nasdaq
listing.
Marketing & Investor Relations Update
VERY GOOD today also announced that it has retained OneFluent
Inc. ("OneFluent") to provide investor relations services
pursuant to a campaign agreement (the "Agreement").
OneFluent has been engaged to assist with expanding investor
awareness of VERY GOOD and the Company’s business through one or
more social media influencer campaigns. OneFluent holds shares of
VERY GOOD. The Agreement provides for an initial term of one month
following completion of which VERY GOOD and OneFluent have the
option to mutually extend the OneFluent Agreement, unless otherwise
terminated in accordance with its terms. Cash compensation for
OneFluent's services will be USD$12,995 per month, plus taxes. VERY
GOOD has paid an influencer spend amount for the campaign in the
aggregate amount of USD$250,000. OneFluent is arm's length to VERY
GOOD and has no interest, directly or indirectly, in VERY GOOD or
our securities and has no right or intent to acquire such an
interest. OneFluent will not receive any securities of VERY GOOD as
compensation. VERY GOOD will pay any compensation owing to
OneFluent from available working capital.
About The Very Good Food Company Inc.
The Very Good Food Company Inc. is an emerging plant-based food
technology company that produces nutritious and delicious
plant-based meat and cheese products under VERY GOOD's core brands:
The Very Good Butchers and The Very Good Cheese Co.
www.verygoodfood.com
OUR MISSION IS LOFTY, BADASS BUT BEAUTIFULLY SIMPLE: GET
MILLIONS TO RETHINK THEIR FOOD CHOICES WHILE HELPING THEM DO THE
WORLD A WORLD OF GOOD. BY OFFERING PLANT‑BASED FOOD OPTIONS SO
DELICIOUS AND NUTRITIOUS, WE’RE HELPING THIS KIND OF DIET BECOME
THE NORM.
Forward-Looking Information
This news release contains forward-looking information,
including “forward-looking statements” within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and
Section 21E of the Securities Exchange Act of 1934, as amended, for
the purpose of providing information about management's current
expectations and plans relating to the future. Readers are
cautioned that reliance on such information may not be appropriate
for other purposes. Any such forward-looking information may be
identified by words such as "proposed", "expects", "intends",
"may", "will", and similar expressions. Forward looking information
contained or referred to in this news release includes statements
relating but not limited to VERY GOOD’s commencement of trading on
Nasdaq, VERY GOOD’s new ticker symbol on Nasdaq, the benefits to be
provided to the Company by a Nasdaq listing, opportunities for VERY
GOOD's growth, VERY GOOD’s exposure to international investors, the
liquidity of its securities and any regulatory or other approvals
required in connection therewith as well as the plans and
expectations for VERY GOOD’s marketing and investor relations
campaigns. Forward-looking information is based on a number of
factors and assumptions which have been used to develop such
information, but which may prove to be incorrect including, but not
limited to, material assumptions with respect to VERY GOOD’s
ability to maintain a listing on Nasdaq, the condition of capital
markets, the availability of sufficient financing on reasonable
terms to fund VERY GOOD's capital and operating requirements, the
continued strong demand for VERY GOOD's products, the successful
placement of VERY GOOD’s products in retail stores and continued
e-Commerce growth, VERY GOOD’s ability to successfully enter new
markets and manage its international expansion, VERY GOOD’s ability
to increase production capacity and obtain the necessary production
equipment, the availability of labour as well as the accuracy of
construction schedules and cost estimates for the commissioning of
production lines at VERY GOOD’s Rupert and Patterson facilities and
the timely receipt of required permits, VERY GOOD’s relationship
with its suppliers, distributors and third-party logistics
providers, and the Company's ability to position VERY GOOD
competitively. Although the Company believes that the expectations
reflected in such forward-looking information are reasonable, undue
reliance should not be placed on forward-looking information
because VERY GOOD can give no assurance that such expectations will
prove to be correct. Risks and uncertainties that could cause
actual results, performance or achievements of VERY GOOD to differ
materially from those expressed or implied in such forward-looking
information include, among others, the impact of, uncertainties and
risks associated with the ongoing COVID-19 pandemic, negative cash
flow and future financing requirements to sustain and grow
operations, limited history of operations and revenues and no
history of earnings or dividends, expansion of facilities,
competition, availability of raw materials, dependence on senior
management and key personnel, general business risk and liability,
regulation of the food industry, change in laws, regulations and
guidelines, compliance with laws, unfavourable publicity or
consumer perception, product liability and product recalls, risks
related to intellectual property, difficulties with forecasts,
management of growth and litigation. For a more comprehensive
discussion of the risks faced by VERY GOOD, please refer to VERY
GOOD's most recent Annual Information Form filed with Canadian
securities regulatory authorities at www.sedar.com and as an
exhibit to the Registration Statement filed with the SEC at
www.sec.gov. The forward-looking information in this news release
reflects the current expectations, assumptions and/or beliefs of
the Company based on information currently available. Any
forward-looking information speaks only as of the date on which it
is made and, except as may be required by applicable securities
laws, VERY GOOD disclaims any intent or obligation to update any
forward-looking information, whether as a result of new
information, future events or results or otherwise. The
forward-looking information contained in this news release is
expressly qualified by this cautionary statement.
None of the Nasdaq, TSX Venture Exchange, the SEC or any other
securities regulator has either approved or disapproved the
contents of this news release. None of the Nasdaq, the TSX Venture
Exchange or its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange), the SEC or
any other securities regulator accepts responsibility for the
adequacy or accuracy of this news release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211013005353/en/
Mitchell Scott Chief Executive Officer The Very Good Food
Company Inc.
Kevan Matheson Corporate Communications and Investor Relations
Email: invest@verygoodbutchers.com Phone: +1 855-472-9841
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