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Home Bistro, Inc. Announces Updated Research Report by Goldman Small Cap Research

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Home Bistro, Inc. (OTC PINK:HBIS) announced an updated research report published by Goldman Small Cap Research on December 8, 2021. The report provides insights into the company's growth objectives and market outlook, focusing on its celebrity chef-inspired meal offerings and their distribution model. Home Bistro emphasizes sustainable practices and high-quality ingredients through its Model Meals brand. The company warns that forward-looking statements regarding future performance are subject to various risks and uncertainties, urging caution among investors.

Positive
  • Goldman Small Cap Research has published an updated report, providing insights into Home Bistro's growth potential.
  • Home Bistro offers gourmet ready-made meals inspired by celebrity chefs, which may boost its market appeal.
Negative
  • Forward-looking statements in the PR caution that actual results may differ significantly from expectations.
  • Concerns about capital access and fundraising for ongoing operations may impact future performance.

MIAMI BEACH, FL / ACCESSWIRE / December 8, 2021 / Home Bistro, Inc. (OTC PINK:HBIS) ("Home Bistro" or the "Company") a leading online platform that offers celebrity chef-inspired, gourmet ready-made and lifestyle meals, today announced that Goldman Small Cap Research has published an updated research report on the Company. To view the report, along with disclosures and disclaimers, or to download it in its entirety, please visit: https://bit.ly/31FZX6h.

About Goldman Small Cap Research:

Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and microcap stock research reports, articles, stock market blogs, and popular investment newsletters. For more about Goldman Small Cap Research please visit https://www.goldmanresearch.com/.

Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.

About Home Bistro, Inc.

Home Bistro is a leading online platform, www.homebistro.com, that provides for the creation, production, and distribution of direct-to-consumer, heat-to-eat, celebrity chef inspired gourmet meals, which currently include inspirations developed by "Iron Chef" Cat Cora, "Hungry Fan" Chef Daina Falk, Master Chef Claudia Sandoval and soon to launch celebrity chefs Ayesha Curry, Roblé Ali and Richard Blais.

Home Bistro's Model Meals lifestyle brand www.modelmeals.com is a Whole30 and Paleo approved, ready-to-eat, meal prep service, offering a weekly rotating menu that is prepared by professional chefs, using only the highest quality ingredients available, sourced responsibly and locally, and delivered in sustainable, eco-friendly packaging.

Forward-Looking Information

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budgets", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. More particularly and without limitation, this news release contains forward-looking statements and information concerning the Company's growth objectives and industry outlook (as described herein). Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. These forward-looking statements include, among others, statements about the Company's future financial performance, the impact of management changes, any organizational restructuring and the sufficiency of capital resources to fund its ongoing operating requirements; statements about the Company's expectations regarding the capitalization, resources and ownership structure; and any other statements other than statements of historical fact. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that the Company makes due to a number of important factors, including (i) risks related to the combined entity's access to existing capital and fundraising prospects to fund its ongoing operations, and (ii) other business effects, including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in tax and other laws, regulations, rates and policies, including the impact of COVID-19 on the broader market. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release relating to the Company may be found in the Company's periodic filings with the Securities and Exchange Commission, including the factors described in the sections entitled "Risk Factors", copies of which may be obtained from the SEC's website at www.sec.gov. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

CONTACT:
Zalmi Duchman, CEO
zalmi@homebistro.com
Ph: 631.694.1111

SOURCE: Home Bistro, Inc.



View source version on accesswire.com:
https://www.accesswire.com/676490/Home-Bistro-Inc-Announces-Updated-Research-Report-by-Goldman-Small-Cap-Research

FAQ

What does Home Bistro, Inc. do?

Home Bistro, Inc. is an online platform offering celebrity chef-inspired gourmet meals and lifestyle food options.

What is the recent update regarding Home Bistro, Inc.?

On December 8, 2021, Goldman Small Cap Research published an updated report on Home Bistro, providing insights into the company's market strategies.

What stock symbol is Home Bistro, Inc. associated with?

Home Bistro, Inc. trades under the stock symbol HBIS.

What are the growth objectives mentioned in Home Bistro's PR?

The PR discusses Home Bistro's plans for expansion and the importance of its celebrity chef partnerships.

What issues does Home Bistro face according to their press release?

The company faces risks related to capital access and fundraising, which may affect its ongoing operations.

HOME BISTRO INC

OTC:HBIS

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90
640.19k
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Packaged Foods
Consumer Defensive
United States of America
Miami Beach