Business
Restart Life Sciences Executes Definitive Agreement to Acquire Holy Crap Foods
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2026) - Restart Life Sciences Corp. (CSE: HEAL) (FSE: HN30) (OTC Pink: NMLSF) ("Restart Life" or the "Company") is pleased to announce that, further to its news release dated December 22, 2025, it has entered into a share purchase agreement (the "Definitive Agreement") among Holy Crap Foods Inc. ("Holy Crap") and Happy Belly Coffee Inc. (the "Vendor"), a subsidiary of Happy Belly Food Group Inc. (CSE: HBFG) that owns all of the issued..
About this update from Restart Life Sciences Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - February 13, 2026) - Restart Life Sciences Corp. (CSE: HEAL) (FSE: HN30) (OTC Pink: NMLSF) ("Restart Life" or the "Company") is pleased to announce that, further to its news release dated December 22, 2025, it has entered into a share purchase agreement (the "Definitive Agreement") among Holy Crap Foods Inc. ("Holy Crap") and Happy Belly Coffee Inc. (the "Vendor"), a subsidiary of Happy Belly Food Group Inc. (CSE: HBFG) that owns all of the issued and outstanding shares of Holy Crap, dated February 12, 2026, for the acquisition of 100% of the issued and outstanding shares of Holy Crap (the "Acquisition").","length":719,"tagName":"p"},{"type":"text","content":"The execution of the Definitive Agreement follows the completion of due diligence by both parties and supersedes the previously announced binding letter of intent.","length":163,"tagName":"p"},{"type":"text","content":"Subject to the satisfaction or waiver of customary closing conditions, the Company anticipates the closing of the Acquisition to occur within the next ten (10) business days.","length":174,"tagName":"p"},{"type":"text","content":"Pursuant to the Definitive Agreement, Restart Life will acquire all of the issued and outstanding shares of Holy Crap from the Vendor for a purchase price of $1,000,000 in cash, subject to customary working capital adjustments. Any post-closing adjustments will be determined in accordance with the terms set forth in the Definitive Agreement.","length":343,"tagName":"p"},{"type":"text","content":"The Acquisition includes the Holy Crap portfolio of brands and its British Columbia-based manufacturing facility. Upon closing, Holy Crap is expected to operate as a wholly owned subsidiary of Restart Life.","length":206,"tagName":"p"},{"type":"text","content":"Management believes the acquisition aligns with Restart Life's stated strategy of acquiring and developing revenue-generating, health-focused consumer brands within the broader wellness category.","length":199,"tagName":"p"},{"type":"text","content":"The inclusion of Holy Crap's manufacturing facility is expected to provide operational flexibility for both existing and future product lines. Restart Life intends to maintain Holy Crap's existing operations while evaluati...