Else Nutrition Receives Conditional Approval to Graduate to the Toronto Stock Exchange
Else Nutrition Holdings Inc. (TSXV: BABY) (OTCQX: BABYF) has received conditional approval to list its common shares and warrants on the Toronto Stock Exchange (TSX), with final approval dependent on meeting customary conditions by January 20, 2022. This move aims to broaden institutional investor reach and improve capital market access. Upon final approval, Else will delist from the TSX Venture Exchange, retaining its trading symbols. The company focuses on plant-based nutrition products and has received accolades for its toddler formula, being a top seller on Amazon.
- Conditional approval for listing on the TSX enhances institutional investor reach.
- Listing on a premier exchange like TSX may improve capital market access.
- None.
VANCOUVER, British Columbia, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Else Nutrition Holdings Inc. (TSXV: BABY) (OTCQX: BABYF) (FSE: 0YL) (the “Company” or “Else”), is pleased to announce it has received conditional approval to list its common shares and warrants on the Toronto Stock Exchange (“TSX”).
Final approval of the TSX listing is subject to the Company meeting certain customary conditions of the TSX on or before January 20, 2022. Upon receiving final approval from the TSX, Else intends to issue a news release confirming the date upon which its common shares and warrants will commence trading on the TSX. At that time, Else’s common shares and warrants will be concurrently delisted from the TSX Venture Exchange. The trading symbol for the common shares and warrants of the Company on TSX will remain unchanged as “BABY”, “BABY.WT” and BABY.WT.A”.
“This is a significant milestone for the Company. We believe the graduation to the TSX, one of the premier exchanges for publicly traded companies, will broaden our reach among institutional investors and improve our access to the capital markets.” Commented Hamutal Yitzhak, CEO & Co-Founder of Else Nutrition. “Else is at an exciting point in its growth and we are excited to have been elevated to the TSX and look forward to sharing our story and growth strategy with a new audience of international investors.” She added.
About Else Nutrition Holdings Inc.
Else Nutrition GH Ltd. is an Israel-based food and nutrition company focused on developing innovative, clean and plant-based food and nutrition products for infants, toddlers, children, and adults. Its revolutionary, plant-based, non-soy, formula is a clean-ingredient alternative to dairy-based formula. Else Nutrition (formerly INDI) won the “2017 Best Health and Diet Solutions” award at the Global Food Innovation Summit in Milan. Else Plant-Based Complete Nutrition for Toddlers was recently ranked as the #1 Top seller in the baby and toddler formula category on Amazon. The holding company, Else Nutrition Holdings Inc., is a publicly traded company, listed as TSX Venture Exchange under the trading symbol BABY and is quoted on the US OTC Markets QX board under the trading symbol BABYF and on the Frankfurt Exchange under the symbol 0YL. Else’s Executives include leaders hailing from leading infant nutrition companies. Many of Else advisory board members had past executive roles in companies such as Mead Johnson, Abbott Nutrition, Plum Organics and leading infant nutrition Societies, and some of them currently serve in different roles in leading medical centers and academic institutes such as Boston Children’s Hospital, Pediatrics at Harvard Medical School, USA, Tel Aviv University, Schneider Children’s Medical Center of Israel, Rambam Medical Center and Technion, Israel and University Hospital Brussels, Belgium.
For more information, visit: elsenutrition.com or @elsenutrition on Facebook and Instagram.
Media Contact
Erin Jundef
Brilliant PR
erinj@brilliantpr.com
For more information, contact:
Mrs. Hamutal Yitzhak, CEO, Co-Founder & Director
ELSE Nutrition Holdings Inc.
E: hamutaly@elsenutrition.com
P: +972(0)3-6445095
Mr. Sokhie Puar, Director of Else Nutrition
E: sokhiep@elsenutrition.com
P: 604-603-7787
US Investor Relations Contact:
Lytham Partners, LLC
Mr. Ben Shamsian
New York | Phoenix
E: shamsian@lythampartners.com
P: 646-829-9701
TSX Venture Exchange
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) 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 legislation. Forward-looking statements are typically identified by words such as “will”, “expect” or similar expressions. Forward-looking statements in this press release include statements with respect to the anticipated dates for filing the Company’s financial disclosure documents. Such 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 management believes are appropriate in the circumstances. No assurance can be given that the foregoing will prove to be correct. Forward-looking statements made in this press release assume, among others, the expectation that listing on the FSE will create additional liquidity and attract additional investors in the European market. 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 any forward-looking statements, which reflect management’s expectations only as of the date of this press release. The Company disclaims any 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.
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