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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 the release of an updated research report by Goldman Small Cap Research. The report is accessible through this link. Home Bistro operates an online platform that offers gourmet meals prepared by celebrity chefs, including Cat Cora and Ayesha Curry. Their Model Meals brand provides a Whole30 and Paleo approved meal prep service. The company warns that forward-looking statements in the release involve risks, including fundraising prospects and the impact of COVID-19 on business operations.

Positive
  • The updated research report by Goldman Small Cap Research could enhance investor interest in Home Bistro.
  • The collaboration with celebrity chefs may drive consumer engagement and brand recognition.
Negative
  • The company faces risks related to fundraising and access to capital for ongoing operations.
  • Potential impacts of COVID-19 could affect market performance and business growth.

MIAMI BEACH, FL / ACCESSWIRE / August 18, 2021 / Home Bistro, Inc. (OTC PINK:HBIS) ("Home Bistro" or the "Company") announced today 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/3j2CYbL.

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 and soon to launch celebrity chefs Ayesha Curry, Roblé Ali and Claudia Sandoval.

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/660276/Home-Bistro-Inc-Announces-Updated-Research-Report-by-Goldman-Small-Cap-Research

FAQ

What does the updated research report by Goldman Small Cap Research cover for HBIS?

The report evaluates Home Bistro's business model, growth prospects, and market position.

Who are the celebrity chefs associated with Home Bistro?

Celebrity chefs include Cat Cora, Ayesha Curry, Roblé Ali, and Claudia Sandoval.

What is the significance of the updated research report for investors in HBIS?

It could provide insights into the company's future performance and potential investment value.

What risks does Home Bistro face according to the press release?

The company faces fundraising risks and market impacts due to COVID-19.

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