Business
Health Logic Enters Into Letter Agreement With Better Butchers In Respect Of A Proposed Reverse Takeover
(TheNewswire) Vancouver, British Columbia – May 11, 2026 - TheNewswire – He...
About this update from Health Logic Interactive Inc
[{"type":"text","content":"Health Logic Enters Into Letter Agreement With Better Butchers In Respect Of A Proposed Reverse Takeover\n(TheNewswire)\n\n\nVancouver, British Columbia – May\n11, 2026 - TheNewswire – Health Logic\nInteractive Inc. (“Health Logic” or\nthe “Company”) (NEX: CHIP.H) is pleased to\nannounce that it has entered into a letter agreement dated May 11,\n2026 (the “LOI”) with The Better Butchers Inc. (“Better Butchers”),\npursuant to which Health Logic intends to acquire all of issued and\noutstanding common shares of Better Butchers (the \"BB Shares\") in\nexchange for newly issued common shares in the capital of Health Logic\n(“HL Shares”) in accordance with a share exchange expected to be\ncarried out by way of a three-cornered amalgamation as an arm's\nlength transaction (the “Transaction”). \n\n\nHarrison Ross, CEO of Health Logic stated, \"The proposed Transaction represents a\ncompelling opportunity for Health Logic's shareholders to\nparticipate in the early growth trajectory of Better Butchers, a\ncompany well positioned with product-market fit in the rapidly\nexpanding alternative protein category.\" \n\n\nMitchell Scott, CEO of Better Butchers stated,\n\"We're excited to\nbring Health Logic's shareholders and the Canadian capital\nmarkets along for what comes next in our business development. The\nBetter Butchers was built on a simple belief: that plant-based protein\nshould taste incredible, be genuinely clean, and not make compromises.\nWith a growing combined market opportunity exceeding US$133 billion\nacross North America and Europe, the timing couldn't be better.\nOur oyster mushroom and pea protein blend delivers 21g of protein per\nserving – high in fibre and iron, gluten free, allergen free, no\naftertaste, no added colours or flavours. We're building the\nalternative protein butcher shop of the future, starting with\nmushrooms\"\n\n\nThe Better Butchers Inc.\n\n\nThe Better Butchers is a private, Canadian company\nincorporated on September 26, 2022 pursuant to the Business Corporations Act (British Columbia), and headquartered in Vancouver, British\nColumbia.\n\n\nThe Better Butchers is focused on crafting the next\ngeneration of premium plant-based meat alternatives under its flagship\nForager's FinestTM pro...