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Smart for Life to Host a Conference Call to Discuss Ceautamed Worldwide Acquisition, Positive Developments, and New Strategic Initiatives

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Smart for Life, Inc. (Nasdaq: SMFL) announced a conference call on August 10, 2022, at 4:15 PM ET to discuss its acquisition of Ceautamed Worldwide and new strategic initiatives. The call will provide insights into the company’s growth strategy, which includes a buy-and-build approach aimed at aggregating companies generating $300 million in revenue over the next three years. Smart for Life operates five subsidiaries and is focused on developing proprietary nutritional products to drive growth.

Positive
  • Acquisition of Ceautamed Worldwide expected to enhance market position.
  • Strategic initiatives aimed at achieving $300 million in revenues within 36 months.
Negative
  • No specific financial metrics provided regarding the acquisition's impact.
  • Potential challenges in integrating acquired companies.

MIAMI, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the health & wellness sector, marketing and manufacturing nutritional foods and supplements worldwide, today announced it will host a conference call on Wednesday, August 10, 2022, at 4:15 P.M. Eastern Time (ET) to discuss the Ceautamed Worldwide acquisition, positive developments, and new strategic initiatives.

The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 354190. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2911/46336 or on the Company’s Investors section of the website: https://smartforlifecorp.com/investor-center/.

A webcast replay will be available on the company’s Investors section of the website through August 10, 2023. A telephone replay of the call will be available approximately one hour following the call, through Wednesday August 24, 2022, and can be accessed by dialing +1 877-481-4010 for U.S. callers or +1 919-882-2331 for international callers and entering access code 46336.

About Smart for Life, Inc.

Smart for Life, Inc. (Nasdaq: SMFL) is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on Health & Wellness. Structured as a publicly held global holding company, the Company is executing a buy-and-build strategy with serial accretive acquisitions creating a vertically integrated company with an objective of aggregating companies generating a minimum of $300 million in revenues within the next thirty-six months. To drive growth and earnings, Smart for Life is developing proprietary products as well as acquiring other profitable companies, encompassing brands, manufacturing and distribution channels. The Company currently operates five subsidiaries including Doctors Scientific Organica, Nexus Offers, Bonne Santé Natural Manufacturing, GSP Nutrition and Ceautamed Worldwide. For more information about Smart for Life, please visit: www.smartforlifecorp.com.

Video regarding the Company’s manufacturing facility at Bonne Santé Natural Manufacturing is available at: www.bonnesantemanufacturing.com/video.

Investor material and a Fact Sheet with additional information about Smart for Life is available at: www.smartforlifecorp.com/investor-center.

Forward-Looking Statements

This press release may contain information about our views of future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations of Smart for Life’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although Smart for Life believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Smart for Life does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. No assurances can be made that Smart for Life will successfully acquire its acquisition targets. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause Smart for Life’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our filings with the Securities and Exchange Commission.

Disclaimer

The information provided in this press release is intended for general knowledge only and is not a substitute for professional medical advice or treatment for specific medical conditions. Always seek the advice of your physician or other qualified health care provider with any questions you may have regarding a medical condition. This information is not intended to diagnose, treat, cure or prevent any disease.

Investor Relations Contact

Crescendo Communications, LLC
Tel: (212) 671-1021
SMFL@crescendo-ir.com


FAQ

What is the purpose of the Smart for Life conference call on August 10, 2022?

The conference call aims to discuss the acquisition of Ceautamed Worldwide and new strategic initiatives.

When will Smart for Life's conference call take place?

The conference call is scheduled for August 10, 2022, at 4:15 PM ET.

What is the significance of the acquisition of Ceautamed Worldwide by SMFL?

The acquisition aims to enhance Smart for Life's market position and contribute to its revenue growth strategy.

How does Smart for Life plan to achieve $300 million in revenues?

The company plans to implement a buy-and-build strategy by acquiring profitable companies.

What are the expected outcomes of the conference call?

Investors can expect insights into growth strategies and updates on the acquisition and other initiatives.

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Medicinal Chemicals & Botanical Products
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