Eat & Beyond Eyes Strategic Expansion, Initiates $12.5

Vancouver, B.C., Oct. 17, 2022 (GLOBE NEWSWIRE) — Eat & Beyond Global Holdings Inc. (CSE: EATS) (OTCQB: EATBF) (FSE: 988) (“Eat & Beyond” or the “Company”), an investment issuer focused on food technology and the global plant-based and alternative protein sector, announced on October 11, 2022 that it has initiated an at-the-market offering of its common shares for proceeds of up to $12.5 million, to be distributed exclusively by Research Capital Corporation.

Eat & Beyond’s portfolio spans a broad cross-section of the sector including consumer products, food service, technology, and more. This includes plant-based protein, dairy alternatives, adaptogenic beverages, cultured meat and milk, cellular agriculture technology, supplements, sustainable packaging, and more.

“There is significant innovation taking place in the food sector, which has the unique distinction of being a sector that every person on the planet interacts with daily; we all have to eat, and consequently, it is something that matters to everyone,” said Eat & Beyond CEO, Michael Aucoin. “Eat & Beyond was created to give retail investors, who may be everyday accredited or non-accredited individuals, access to participate in the growth of the early stage companies in this important sector that they otherwise may not be able to invest in.”

Eat & Beyond makes equity investments in companies following rigorous assessment by its team of advisors and industry experts, and also works closely with select portfolio companies with the goal of rapidly accelerating their growth.

“We believe that this sector has the potential to continue to deliver strong returns, above and beyond what the broader market will see, while at the same time help to create a cleaner, healthier, and more sustainable future,” added Aucoin. “We are encouraged by the progress of a number of our current portfolio companies that are growing revenue, increasing product distribution, and making significant…