Business
Restart Life Sciences Signs Binding LOI to Acquire The Holy Crap Foods Portfolio of Brands and Manufacturing Plant
Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - Restart Life Sciences Corp. (CSE: HEAL) (FSE: HN30) (OTC Pink: NMLSF) ("Restart" or the "Company") is pleased to announce that it has signed a binding letter of intent dated December 21st, 2025 (the "LOI"), which sets out the proposed terms by which the Company would acquire 100% of the shares of Holy Crap Foods Inc. ("Holy Crap"), from Happy Belly Food Group Inc. (CSE: HBFG) (the "Acquisition"). Upon closing of the Acquisition,
About this update from Restart Life Sciences Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - Restart Life Sciences Corp. (CSE: HEAL) (FSE: HN30) (OTC Pink: NMLSF) ("Restart" or the "Company") is pleased to announce that it has signed a binding letter of intent dated December 21st, 2025 (the "LOI"), which sets out the proposed terms by which the Company would acquire 100% of the shares of Holy Crap Foods Inc. ("Holy Crap"), from Happy Belly Food Group Inc. (CSE: HBFG) (the "Acquisition"). Upon closing of the Acquisition, Restart would acquire the "Holy Crap" Foods portfolio of brands and a co-packer production facility in British Columbia, which will serve as the official production partner for the Company's "Brain Balls" and other product lines.","length":804,"tagName":"p"},{"type":"text","content":"The Acquisition is a strategic move that management believes greatly accelerates the Company's development roadmap. Holy Crap is a recognized leader in the health food industry and has a proven track record of success in the production and distribution of health-conscious, clean-label food products. Management believes that the Acquisition will be highly positive for vertical integration, as it would allow the combined entity to control more stages of the supply chain and could lead to reduced transaction costs, improved operational efficiencies, better quality control, and enhanced market responsiveness.","length":616,"tagName":"p"},{"type":"text","content":""We believe that this Acquisition is a cash-flow positive accretive opportunity for Restart, as we start our Company's 2026 multi-branded growth strategy to acquire and develop profitable brands in the health and wellness, science informed, better for you brand category. In addition to acquiring the Holy Crap revenue-generating and profitable health and wellness brand, the Acquisition also comes with a manufacturing co-packer facility that we intend to utilize to streamline and consolidate future brand acquisitions and organic brand development for realized product economies of scale, labor efficiently and combined purchasing power for raw goods - leading to an overall reduction of manufacturing costs. This is the first of many more to come as we execute on our strategic 2026 roadmap," said Steve Loutskou, Chief ...