Not for distribution to United States wire services or dissemination within the United States.
VANCOUVER, British Columbia, November 20, 2023 (GLOBE NEWSWIRE) — ELSE NUTRITION HOLDINGS INC. (BABY) (BABY) (0YL.F) (“Other” or the “Business”), the plant-based nutrition company for babies, toddlers and children, today announces, following its press release dated November 16, 2023, that the exercise price of the common stock subscription warrants (the “warrants subscription”) of the Company underlying the offering of The 13,000,000 units of the Company (the “Units”) which are sold in connection with the previously announced overnight offering of 5,005 Units 000 were increased from CA$0.45 to CA$0.485. The Company expects to close the offering of the Units on November 21, 2023. The Units are being offered pursuant to a prospectus supplement to the Company’s base shelf prospectus dated November 10, 2023. Please see the Company’s prior press release for more information on the offer.
About Else Nutrition Holdings Inc.
Else Nutrition Holdings Inc. BABYBABY0YL)) is an internationally expanding food and nutrition company focused on developing innovative, clean, plant-based food and nutrition products for infants, toddlers, children and adults. Its revolutionary, plant-based and soy-free formula is an alternative to ingredients specific to dairy-based formulas. Since launching its complete plant-based nutrition for toddlers, featuring whole foods, almonds, buckwheat and tapioca, the brand has received thousands of impactful testimonials and reviews from parents, gained the support of domestic retailers and achieved rapid sales growth.
Awards and Recognition:
“2017 Best Health and Diet Solutions” award at the Global Food Innovation Summit in Milan
#1 Best Seller on Amazon for Fall 2020 in New Baby & Toddler Formula
2021 “Best Dairy Alternative” Award at the World Plant-Based Expo
Nexty Award Finalist at Expo West 2022 in the Plant-Based Lifestyle Category
In September 2022, Else Super Cereal reached the rank of best-selling baby cereals of all brands on Amazon.
Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward-Looking Statements
This press release contains statements that may constitute “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements are generally identified by words such as “will” or similar expressions. Forward-looking statements contained in this press release include statements regarding the revised exercise price of the warrants. These forward-looking statements reflect current estimates, beliefs and assumptions, which are based on management’s perception of current conditions and expected future developments, as well as other factors that management believes are appropriate in the circumstances. No guarantee can be given that the above will prove to be accurate. Forward-looking statements made in this press release assume, among other things, that there will be no supply chain interruptions or failures due to COVID-19 and that the manufacturing, brokerage and supply logistics with the company will not end. . Actual results may differ from the estimates, beliefs and assumptions expressed or implied in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management’s expectations only as of the date of this press release. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.