EAT & BEYOND GLOBAL HLD - EATBF STOCK NEWS

Eat Beyond Global Holdings Inc. (OTCPK: EATBF) announced its investment in Beyond Moo Foods, a company specializing in oat-based dairy alternatives like yogurt and spreads. The dairy alternative market is projected to reach $45 billion by 2027 with a CAGR of 11.2%. Beyond Moo products are free of dairy, gluten, and preservatives. Both companies see strong growth potential, as the oat milk market has grown over 300% in one year. The CEO of Eat Beyond emphasized the alignment of Beyond Moo's offerings with consumer demand for high-quality, innovative food products.

Eat Beyond Global Holdings Inc. (CSE: EATS, OTCPK: EATBF) announced that its portfolio company, Daydream Drinks, has secured distribution agreements with major retailers such as Sobeys, Metro Ontario, and Choices Market. Daydream's products are now available in 170 Loblaws and Superstores across Canada. The Ontario-based company specializes in functional beverages, creating Canada's first hemp-infused sparkling water. The global functional beverages market is projected to grow significantly, reaching US$216.7 billion by 2028.

Eat Beyond Global Holdings Inc. announced that its portfolio company, TurtleTree, has opened a new 24,000 square-foot R&D facility in California. This facility will focus on precision fermentation technology, particularly for producing lactoferrin, a valuable milk ingredient. CEO Michael Aucoin emphasized the significance of this expansion, bringing cell-based dairy products closer to market. The location offers access to a robust ag-tech ecosystem, collaborating with educational institutions and industry partners to enhance product development.

Eat Beyond Global Holdings (OTCPK: EATBF) announced that its portfolio company, Nabati Foods Global Inc., has been approved to list its common shares on the Canadian Securities Exchange (CSE), trading under the symbol MEAL as of October 4, 2021. Nabati Foods specializes in plant-based, gluten-free foods and has significantly grown its manufacturing capacity by 5X with a new facility in Edmonton. CEO Michael Aucoin emphasized Nabati's innovation and diverse revenue streams across various channels.

Eat Beyond Global Holdings Inc. (OTCPK: EATBF) announced that its portfolio company, Eat Just's GOOD Meat division, secured US$97 million in financing, contributing to a total of US$267 million in funding for the cultured meat sector. This financing will support the establishment of a commercial facility in Qatar and a processing site for JUST Egg. The company anticipates regulatory approvals soon, with Qatar poised to be the second country allowing GOOD Meat sales, following Singapore. CEO Michael Aucoin emphasized the unique opportunity for cultured meat to reshape food systems sustainably.

Eat Beyond Global Holdings Inc. (CSE: EATS, OTCPK: EATBF) has announced the launch of its portfolio company Nabati Foods Global Inc.'s plant-based liquid egg product, Nabati Plant Eggz™, in the U.S. and Canada. The product became available online on August 23 in Canada and August 30 in the U.S., with future retail availability planned at Sobeys and Whole Foods. The egg alternative mimics the taste and texture of chicken eggs, is allergen-free, and offers nutritional benefits including low calories and high protein content. CEO Michael Aucoin emphasized the innovative nature of the product.

Eat Beyond Global Holdings Inc. (CSE: EATS, OTCPK: EATBF) has announced its portfolio company TurtleTree Labs will collaborate with Solar Biotech to enhance the production of cell-based milk. This partnership aims to scale biomanufacturing to make sustainable, cost-competitive products. The non-dairy milk market is forecasted to reach $38 billion by 2024, growing at a CAGR of 14%. CEO Michael Aucoin highlighted the significance of efficient production in driving mainstream adoption of cultured products, underscoring the environmental benefits of cell agriculture.

Eat Beyond Global Holdings Inc. (CSE: EATS, OTCPK: EATBF) announces its portfolio company, The Very Good Food Company (TSXV: VERY), is increasing production at its Rupert, Vancouver facility, which now outputs four times the volume of its previous facility. The facility aims for 60,000 lbs daily by Q1 2022. Additionally, a second line for gluten-free products will launch in Q4 2021, targeting a broader consumer base. Initial production will also begin at the California facility in September, enhancing the company's capacity to cater to the growing demand for plant-based foods.

Eat Beyond Global Holdings Inc. (CSE: EATS, OTCPK: EATBF) announced its portfolio company Zoglo's Incredible Food Corp has launched 12 new plant-based products following its public listing on July 26, 2021. Zoglo's, with a 25-year brand history, offers plant-based foods including appetizers and meat substitutes, distributed in over 700 Canadian retail stores like Walmart and Loblaws. The company completed a $6.75 million private placement to support its growth and plans to leverage consumer feedback for product innovation.