STOCK TITAN

WILDPACK BEVERAGE INC - WLDPF STOCK NEWS

Welcome to our dedicated page for WILDPACK BEVERAGE news (Ticker: WLDPF), a resource for investors and traders seeking the latest updates and insights on WILDPACK BEVERAGE stock.

Wildpack Beverage Inc. (WLDPF) is a leading middle market co-packer in the US specializing in canned goods manufacturing and packaging. The company recently announced the closing of an amendment to its term loan with Sandton Capital Solutions Master Fund V, LP, providing an additional loan tranche of US$5,000,000. This loan will enhance liquidity to support operations and work towards achieving cash flow positive operations. Wildpack operates out of six facilities in the US, offering sustainable aluminum can filling, decorating, packaging, brokering, and logistics services to brands nationwide.

Rhea-AI Summary

Wildpack Beverage Inc. (OTCQB: WLDPF) has announced a rescheduling of its year-end 2021 financial results webcast. The event will now occur on May 3, 2022, at 8:30am ET. Management, including CEO Mitch Barnard and CFO Ryan Mason, will discuss the financial results and provide an outlook for 2022. Investors can register for the webcast online. Wildpack operates in beverage manufacturing and packaging, emphasizing sustainable practices and digital innovation across various U.S. locations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Wildpack Beverage Inc. (OTCQB: WLDPF) reported a record month in March 2022, with a 19% increase in orders compared to its previous best month. The company also achieved a historical high in new customer conversions, reaching 31, and recorded a 22% month-over-month growth in label and sleeve printing. Can throughput rose to 19 million, up 15% from February. Additionally, Wildpack successfully raised $5 million through debentures, aimed at expanding its operations. The company is focused on sustainable beverage manufacturing and anticipates releasing its year-end financial results on May 2, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.8%
Tags
none
-
Rhea-AI Summary

Wildpack Beverage Inc. (OTC: WLDPF) has announced the pricing of its overnight marketed public offering of convertible debenture units at C$1,000 each, aiming to raise total gross proceeds of C$5 million. Each unit includes an 8% convertible unsecured debenture convertible into common shares at $1.00, maturing in four years, and 500 warrants permitting purchase at $1.50 for two years. Closing is anticipated on March 31, 2022, pending regulatory approvals. Funds will be used for acquiring strategic canning-related businesses and general working capital.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Wildpack Beverage Inc. (OTC: WLDPF) announced a proposed overnight marketed public offering of convertible debenture units valued up to C$5 million, led by Roth Canada. Each unit includes an 8% convertible debenture maturing in four years and 500 common share purchase warrants. The offering's terms are indicative and will be finalized based on market conditions. The closing is anticipated around March 31, 2022, pending regulatory approvals. Proceeds will support acquisitions, capital expenditures, and general working capital.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Wildpack Beverage has achieved DTC eligibility for its common shares, enhancing its listing on the OTCQB Venture Market. This eligibility simplifies the investment process for retail clients using mobile applications, thus potentially increasing investor access. DTC eligibility is expected to enhance liquidity for Wildpack's shares by facilitating electronic clearing and settlement. Operating primarily in beverage contract packing, Wildpack aims to provide sustainable packaging solutions and has facilities across the U.S., including locations in Baltimore and Las Vegas.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
none
-
News
Rhea-AI Summary

Wildpack Beverage Inc. (OTCQB: WLDPF) has filed a final short form base shelf prospectus allowing it to distribute securities worth up to US$150 million over the next 25 months. This prospectus enables the company and associated security holders to issue common shares, debt securities, and other financial instruments, enhancing financial flexibility as Wildpack continues to scale its operations. CEO Mitch Barnard expressed optimism regarding the agility the shelf provides, which will support Wildpack's data-driven capital deployment strategy.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.84%
Tags
none
Rhea-AI Summary

Wildpack Beverage Inc. reported record-breaking performance in February 2022, achieving a 28% increase in monthly orders compared to its previous best month. The company saw a 75% rise in can throughput, totaling 16.5 million, and had a 117% increase in its order pipeline. Wildpack also ranks #1 for five key search terms on Google, reflecting its enhanced digital marketing efforts. Trading commenced on the OTCQB under the ticker WLDPF on February 21, 2022. Additionally, the company is pursuing sustainability by eliminating plastic from production.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.81%
Tags
none
-
Rhea-AI Summary

Wildpack Beverage Inc. (OTC: WLDPF) announced the acceptance of its Normal Course Issuer Bid (NCIB) by the TSX Venture Exchange, allowing the company to repurchase up to 5,049,096 common shares over a 12-month period starting March 3, 2022. This represents 5% of Wildpack's outstanding shares as of February 28, 2022. CEO Mitch Barnard expressed confidence that the current share price does not reflect Wildpack's true value. Purchases will be conducted by Stifel Nicolaus Canada Inc., with shares bought under this NCIB returned to treasury for cancellation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Wildpack Beverage Inc. has commenced trading on the OTCQB® Venture Market under the symbol 'WLDPF' as of February 23, 2022. This move aims to facilitate easier access for U.S. investors to Wildpack's securities. The company, engaged in beverage manufacturing across six U.S. locations, has initiated a digital marketing campaign costing US$45,000 for three months and subsequently US$15,000 monthly. The listing aligns with Wildpack's operational growth and investor accessibility strategy, while Stifel GMP and Fasken Martineau DuMoulin LLP serve as financial and legal advisors, respectively.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.96%
Tags
none
News
Rhea-AI Summary

Wildpack Beverage Inc. (OTC: WLDPF) announced significant operational advancements in January 2022. The company achieved a record 9.1% increase in monthly orders and a 23.3% growth in its order pipeline. With a can throughput of 9.4 million, it is on track to reach 300 million this year. Key leadership hires were made, bolstering operations. Additionally, Wildpack is focusing on technology development and environmental sustainability with initiatives aimed at eliminating plastics by 2024 and transitioning to renewable resources by 2025.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.95%
Tags
none

FAQ

What is the current stock price of WILDPACK BEVERAGE (WLDPF)?

The current stock price of WILDPACK BEVERAGE (WLDPF) is $0.005 as of December 19, 2024.

What is the market cap of WILDPACK BEVERAGE (WLDPF)?

The market cap of WILDPACK BEVERAGE (WLDPF) is approximately 714.4K.

What does Wildpack Beverage Inc. specialize in?

Wildpack Beverage Inc. specializes in manufacturing and packaging canned goods for the middle market in the US.

What recent announcement did Wildpack make regarding its term loan?

Wildpack announced the closing of an amendment to its term loan with Sandton Capital Solutions Master Fund V, LP, providing an additional loan tranche of US$5,000,000.

How many facilities does Wildpack operate in the US?

Wildpack operates out of six facilities in Baltimore, Maryland; Grand Rapids, Michigan; Atlanta, Georgia; Longmont, Colorado; Sacramento, California; and Las Vegas, Nevada.

What services does Wildpack offer to brands?

Wildpack offers sustainable aluminum can filling, decorating, packaging, brokering, sleeve/label printing services, and logistics to brands throughout the United States.

When did Wildpack commence trading on the TSX Venture Exchange?

Wildpack commenced trading on the TSX Venture Exchange under the symbol 'CANS' on May 19, 2021.

WILDPACK BEVERAGE INC

OTC:WLDPF

WLDPF Rankings

WLDPF Stock Data

714.43k
69.35M
30.78%
5.95%
Specialty Business Services
Industrials
Link
United States of America
Vancouver