03/16/23 4:24 PMNasdaq : LFCR Lifecore Biomedical Signs Term Sheet with Existing Long-Term Customer to Expand CDMO RelationshipProvides $10 million upfront cash commitment to Lifecore for infrastructure preparation and production capacity preparation Customer to provide reimbursement for up to $15 million in capital expenditures to expand capacity Contemplates negotiation of multi-year amendment to extend and expandRHEA-AIvery positive
03/16/23 4:23 PMNasdaq : LFCR Lifecore Biomedical Announces Intent to Explore Strategic AlternativesLifecore Biomedical, Inc. (“Lifecore” or the “Company”), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that the Board of Directors of the Company (the “Board”) intends to initiate a process toRHEA-AIneutral
03/16/23 4:21 PMNasdaq : LFCR earningsLifecore Biomedical Reports Second Quarter Fiscal Year 2023 ResultsCompany Announces Intention to Explore Strategic Alternatives Signs Term Sheet with Key Customer to Materially Expand Commercial Relationship Expands Development Pipeline from 24 to 25 Active Projects as of Fiscal Second Quarter-end Subsequently Transitioned Three Projects to Commercialization withRHEA-AInegative
02/07/23 4:30 PMNasdaq : LFCR Lifecore Biomedical Announces Sale of Curation Foods’ Avocado Products BusinessLifecore Biomedical, Inc. (“Lifecore” or the “Company”), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that it has completed the sale of its Curation Food’sRHEA-AIneutral
01/11/23 4:35 PMNasdaq : LFCR Lifecore Biomedical Receives Notice from Nasdaq Regarding Delayed Quarterly ReportLifecore Biomedical, Inc. (“Lifecore” or the “Company”), announced today that it received a notice (“Notice”) on January 11, 2023 from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that the Company is not inRHEA-AIneutral
01/09/23 4:05 PMNasdaq : LFCR Lifecore Biomedical Raises Capital with Private Placement of Convertible Preferred Stock; Amends Credit Facilities$38.75 million Private Placement of Series A Convertible Preferred Stock to Support Working Capital and Capital Expenditures While Pursuing Ongoing Divestment Process of non-CDMO Assets Credit Facilities Amended to Increase Liquidity and Provide Financial Covenant Relief Nathaniel Calloway, PhD andRHEA-AIneutral
11/25/22 4:50 PMNasdaq : LFCR Lifecore Biomedical Raises Capital for Growth with Existing StockholderLifecore Biomedical, Inc. (“Lifecore” or the “Company”), a fully integrated contract development and manufacturing organization (“CDMO”), today announced the closing of aRHEA-AIneutral
11/14/22 9:01 AMNasdaq : LFCR, LNDC Lifecore Biomedical Announces Completion of Corporate Name ChangeLifecore Biomedical, Inc. (“Lifecore” or theRHEA-AIneutral