ANTI-BAGHOLDER
3月前
SNBH nice news out on their merger.
https://www.otcmarkets.com/stock/SNBH/news/story?e&id=2978204
AIG Group operates eight factories and 170 distributors across 22 countries, supplying products to major U.S. and international big-box retailers and distributors, with several of their product lines holding Organic and Kosher certifications. In line with its business plan, AIG plans to launch a global, vertically integrated food and beverage manufacturing and distribution business, based on AIG Group’s proven, cash flow-positive product lines and business models.
https://www.otcmarkets.com/stock/SNBH/news/story?e&id=2978204
ANTI-BAGHOLDER
3月前
SNBH
AIG’s clients and partners encompass Voss Water, GLOW, Aramark, Archer Farms, AQUAhydrate, Kahlua, XS Energy, Hawaiian Tropic, Green Mountain Energy, PepsiCo, Microsoft, Nestle, Boeing, and Starbucks.
https://www.globenewswire.com/news-release/2023/08/22/2729397/0/en/Sentient-Brands-Holdings-Inc-Signs-Letter-of-Intent-with-Major-International-Food-and-Beverage-Products-Manufacturer.html
ANTI-BAGHOLDER
3月前
The AIG Shareholders represent a group of international, vertically integrated food and beverage manufacturing companies (“AIG Group”), comprising eight factories and 170 distributors across 22 countries, who market and sell products through various U.S. and international big-box retailers and distributors, with several product lines holding Organic and Kosher certifications. In line with its business plan, AIG intends to launch a global, vertically integrated food and beverage manufacturing and distribution business, based on AIG Group’s proven, cash flow-positive product lines and business models. The Company believes that, if the Share Exchange is consummated, AIG’s planned business venture would be synergistic with the Company’s existing product and brand development business and anticipates meaningful operation efficiency through the integration of the two organizations.
https://www.otcmarkets.com/filing/html?id=17823944&guid=AXL-knXj9h2jJth
Tsunamieater
3月前
The catch is that this "NewCo" needs to earn credibility with the street. We need to see what guidance, if any, the co. gives, regarding earnings, Revenues, Etc. and then monitor their ability to meet or exceed these estimates. I don't see any new stock being issued very soon for the deal and that is wonderful!
Tsunamieater
3月前
September 09 2024 - 9:00AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 3, 2024
SENTIENT BRANDS HOLDINGS INC.
On September 3, 2024, Sentient Brands Holdings Inc. (the “Company”) entered into a Share Exchange Agreement (the “Exchange Agreement”) with AIG, F&B, Inc., a Nevada corporation (“AIG”), and the owners (the “AIG Shareholders”) of 100% of the issued and outstanding shares of common stock of AIG (collectively, the “AIG Shares”), pursuant to which, upon the Closing (as defined below), the Company will acquire the AIG Shares from the AIG Shareholders in exchange for shares of common stock of the Company (the “Acquisition Shares”), which such Acquisition Shares will be issued by the Company to the AIG Shareholders in accordance with an Earnout Schedule (as defined below) as set forth in the Exchange Agreement (the “Share Exchange”). The closing of the Share Exchange (the “Closing”) is to take place on or before November 1, 2024 (the “Outside Closing Date”).
The AIG Shareholders represent a group of international, vertically integrated food and beverage manufacturing companies (“AIG Group”), comprising eight factories and 170 distributors across 22 countries, who market and sell products through various U.S. and international big-box retailers and distributors, with several product lines holding Organic and Kosher certifications. In line with its business plan, AIG intends to launch a global, vertically integrated food and beverage manufacturing and distribution business, based on AIG Group’s proven, cash flow-positive product lines and business models. The Company believes that, if the Share Exchange is consummated, AIG’s planned business venture would be synergistic with the Company’s existing product and brand development business and anticipates meaningful operation efficiency through the integration of the two organizations.