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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.
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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) announces a successful trial run of its Plant-Powered Complete Nutrition for Kids products, targeting a growing demand for clean label, organic, plant-based nutrition. An independent study shows over 80% purchase intent among 800 U.S. mothers. The new nutrition shakes, boasting 50% less sugar than competitors, will be available online in early Q2. CEO Hamutal Yitzhak emphasizes the company's goal to disrupt a market dominated by high-sugar options, providing healthier options for children in North America.
Else Nutrition Holdings Inc. has partnered with Thrive Market to distribute its plant-based Complete Nutrition for Toddlers to over 500,000 members starting February 2021. This agreement marks a strategic entry into the U.S. natural foods market, catering to parents seeking healthier nutrition alternatives for their children. CEO Hamutal Yitzhak expressed excitement about this collaboration, emphasizing shared values in promoting accessible, healthy living. Thrive Market offers a diverse range of healthy products through a membership model, enhancing its commitment to social responsibility.
Else Nutrition Holdings Inc. (TSXV:BABY, OTCQX:BABYF) has engaged Power Digital as its digital marketing agency. This partnership aims to strengthen Else's U.S. marketing efforts through paid advertising, influencer programs, and public relations initiatives. Power Digital, known for its data-driven approach and impressive client list, will support the brand's growth in plant-based nutrition. CEO Hamutal Yitzhak expressed confidence in Power Digital's ability to elevate Else's presence in the market.
Else Nutrition Holdings (TSXV:BABY, OTCQX:BABYF) has announced a strategic capital increase of C$4 million via its subsidiary NewH2 Limited, boosting their total investment in Else to C$9.75 million. The funds will support the marketing and development of plant-based baby nutrition products in North America and globally. Additionally, Else closed a bought deal public offering that raised C$20.7 million. Following these transactions, NewH2 will hold approximately 11.6% of Else's outstanding shares. The company's products are now available on its e-store and will soon be on Amazon.
Else Nutrition Holdings Inc. (TSXV:BABY, OTCQX:BABYF) has completed an upsized bought deal public offering, raising approximately CAD$20.7 million. The offering involved issuing 9,200,000 Units at CAD$2.25 each, with each Unit consisting of one common share and half a warrant, exercisable at CAD$3.25 until October 6, 2022. A concurrent private placement raised an additional CAD$5 million, totaling CAD$25.7 million in gross proceeds. The funds will be utilized for marketing, distribution, inventory, and corporate purposes.
Else Nutrition Holdings announced its CEO, Hamutal Yitzhak, will present at VirtualInvestorConferences.com on October 8, 2020, at 4:00 PM ET. This follows their recent $25M CAD financing and the launch of their Amazon and website distribution. The company focuses on plant-based nutrition alternatives for infants and children and has secured various US distribution agreements. An archived webcast will be available for those unable to attend live. Investors are encouraged to pre-register for the event.
Else Nutrition Holdings Inc. (TSXV:BABY, OTCQX:BABYF) will host a presentation on October 8, 2020, at 4:00 PM ET on VirtualInvestorConferences.com. CEO Hamutal Yitzhak will discuss the company's developments, including a recent CAD $25M financing and distribution agreements in the U.S. A recorded version will be available post-event. Investors are advised to pre-register for updates. Else focuses on plant-based alternatives to dairy nutrition for infants and children, with significant backing from major investors like H&H Global Group.
Else Nutrition Holdings (TSXV:BABY, OTCQX:BABYF, FSE:0YL) will participate in the Lytham Partners Virtual Investor Growth Conference on October 6, 2020, at 9:00 AM ET. The event will include a presentation and fireside chat, accessible via a webcast on their investor relations page. Additionally, Else management will engage in virtual one-on-one meetings from October 12-15, 2020. The company specializes in plant-based baby nutrition products and aims to provide clean alternatives to dairy formulas. For more details, visit elsenutrition.com.
Else Nutrition Holdings Inc. (OTCQX:BABYF) has launched its plant-based, soy-free toddler nutrition products on Amazon.com, responding to a surge in online grocery demand during the COVID-19 pandemic. This strategic move allows for greater consumer accessibility, as online grocery sales have seen substantial growth. The product is available in single and 4-pack options priced at $36 and $136, respectively. Else continues to explore additional retail channels, capitalizing on the increasing demand for clean, non-dairy nutrition alternatives.
Else Nutrition Holdings (OTCQX:BABYF) announces a distribution agreement with KeHE Distributors to roll out its plant-based toddler nutrition products across the US starting October 2020. This partnership allows Else to leverage KeHE's extensive network of over 16 distribution centers serving 30,000 retail outlets, enhancing the availability of its Plant-Based Complete Nutrition for Toddlers. The initiative aims to provide a healthy alternative to dairy-based formulas, marking a significant step in Else’s market expansion strategy.