bettermoo(d) Halted Pending Announcement of Transaction
Rhea-AI Summary
bettermoo(d) Food Corporation has requested a trading halt for its common shares on the Canadian Securities Exchange effective June 15, 2022. This action is intended to facilitate an orderly announcement regarding a significant transaction involving the company. Trading is expected to resume shortly after the announcement. bettermoo(d) Food focuses on innovative beverage solutions using online and in-store retail, along with social media for customer engagement. The company emphasizes pioneering beverage technologies.
Positive
- Company is preparing for a significant transaction announcement that could impact market perception.
- Focus on innovative beverage technologies could enhance brand positioning.
Negative
- Trading halt may indicate uncertainty or potential volatility regarding the upcoming transaction.
News Market Reaction – MOOOF
On the day this news was published, MOOOF declined 75.00%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
VANCOUVER, BC / ACCESSWIRE / June 15, 2022 / bettermoo(d) Food Corporation (CSE:MOOO)(OTCQB:MOOOF)(Frankfurt:0I5, WKN:A3DNBE) (the "Company" or "bettermoo(d) Food") announces that it has requested that trading be halted in its common shares on the Canadian Securities Exchange, effective as of the open of markets on June 15, 2022, to facilitate the orderly announcement of a transaction involving the Company. The Company anticipates the announcement will be issued shortly, following which trading is expected to resume.
ABOUT BETTERMOO(D) FOOD CORPORATION
bettermoo(d) Food Corporation is an innovative beverage company focused on delivering high quality products through online and in-store retail platforms. Bettermoo(d) Food Corporation utilizes social media to deliver educational experiences for their customer base while demonstrating - pioneering beverage technologies.
ON BEHALF OF THE BOARD of DIRECTORS
Steve Pear
Chief Executive Officer and Director
bettermoo(d) Food Corporation
For further information please contact:
Email: investors@bettermoodfoodcorporation.com
Website: www.bettermoo.com
Phone: 1-855-715-1865
The CSE does not accept responsibility for the adequacy or accuracy of this release.
This news release may contain certain forward looking statements and forward looking information (collectively, "Forward-Looking Statements") within the meaning of the applicable Canadian and U.S. securities laws, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein including, without limitation, statements with respect to the anticipated announcement of a transaction, are forward-looking statements. When or if used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.
SOURCE: bettermoo(d) Food Corporation
View source version on accesswire.com:
https://www.accesswire.com/705239/bettermood-Halted-Pending-Announcement-of-Transaction
FAQ
Why has bettermoo(d) Food Corporation requested a trading halt for MOOOF?
When will trading for bettermoo(d) Food Corporation resume after the halt?
What type of company is bettermoo(d) Food Corporation?
What is the trading symbol for bettermoo(d) Food Corporation?
