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Else Nutrition Holdings Inc. (BABYF) delivers plant-based nutritional solutions through innovative products for children and adults. This dedicated news hub provides investors and stakeholders with essential updates about corporate developments and market activities.
Access authoritative information including quarterly earnings announcements, regulatory filings, and strategic partnership updates. Our curated collection features official press releases about product launches, retail expansions, and nutritional research breakthroughs.
Discover updates about BABYF's clean-ingredient formulations, distribution network growth, and sustainability initiatives. Content types include financial performance reports, executive leadership changes, and regulatory milestone achievements.
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Else Nutrition Holdings Inc. (BABYF) announced an agreement to establish a specialized manufacturing site for processing its proprietary demineralized buckwheat, essential for its infant formula. The company completed the development of its production process and aims to produce the first batch in Q1 2022. The processing will adhere to strict quality controls without chemicals, maintaining the ingredient's natural composition. CEO Hamutal Yitzhak emphasized this development as a significant step toward launching the world's first clean label, plant-based, dairy-free, and soy-free infant formula.
Else Nutrition Holdings Inc. (BABYF) announced the addition of two new products, Else Plant-Based Kids Shakes, at Sprouts Farmers Market following a successful pilot launch. Over the past 10 months, sales velocity of Else Toddler Nutrition has surpassed industry averages at 1.2 UPSPW. The new shakes, made from organic ingredients, are designed for children's growth and contain 50% less sugar than competitors. The announcement signifies strong retailer support and an expectation of accelerated sales growth.
ELSE NUTRITION HOLDINGS INC. (BABYF) announced its recognition at the Plant Based World Expo in New York City, winning the World Plant Based 2021 Award for its Plant-Based Complete Nutrition for Toddlers, noted as the Best Dairy Product Alternative. The award highlights innovation in the plant-based food sector, with Else recognized among many candidates. CEO Hamutal Yitzhak expressed gratitude for the honor and shared positive feedback from parents regarding the product. This follows Else's earlier success as the #1 Best Seller on Amazon in its category in Fall 2020.
Else Nutrition Holdings Inc. (TSX-V: BABY, OTCQB: BABYF) has announced its participation in the Lytham Partners Winter 2021 Investor Conference from December 13-16, 2021. The company will host a webcasted Fireside Chat discussing its vision for 2022 on December 13 at 11:00 am ET, available on their website. Additionally, Else Nutrition will conduct 1x1 virtual investor meetings. Known for its plant-based nutrition products, the company aims to enhance engagement with investors during this event.
Else Nutrition Holdings Inc. (BABYF) has announced the opening of a dedicated U.S. office in Westerville, Ohio, to support strong growth in product sales. Former Abbott Executive Mike Glick has joined as General Manager and VP, overseeing operations across North America. The new office currently employs five people and aims to double its workforce within a year, reflecting anticipated growth. Westerville's strategic location and favorable living conditions are expected to aid in talent acquisition and operational success.
Else Nutrition Holdings Inc. (BABYF) has announced significant progress on Amazon, now launching a European unified account to market its plant-based baby nutrition products across multiple countries, including the UK, Germany, and France. This move opens access to over 300 million potential customers. The onboarding process has already begun, with plans to launch in early 2022. CEO Hamutal Yitzhak expressed optimism about this venture, anticipating positive performance similar to their success in the US market.
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.
Else Nutrition Holdings Inc. (TSX-V: BABY, OTCQB: BABYF) announced the issuance of 962,475 stock options to directors, officers, employees, and consultants at a price of CDN$1.65 per share. These options have a five-year exercise period and will vest over a 36-month and 24-month timeline for different portions. With this grant, the total stock options issued by Else amounts to 7,797,925, representing 7.48% of total shares outstanding. This strategic move aligns with the company’s rolling stock option plan to incentivize its workforce.
Else Nutrition Holdings Inc. (BABYF) will host a virtual investor conference on November 18, 2021, at 11 am EST, due to COVID-19 travel restrictions. Registration is open to retail and institutional investors via the company's website. CEO Hamutal Yitzhak expressed enthusiasm for the company's progress and upcoming developments to share with stakeholders. Else Nutrition focuses on plant-based nutrition products for infants and children, with notable achievements including being a top seller on Amazon.
