Business
The Very Good Food Company Announces Application to List on NASDAQ
The Very Good Food Company Announces Application to List on NASDAQ.
About this update from The Very Good Food Co Inc
[{"type":"text","content":"\nThe Very Good Food Company Inc. (TSXV: VERY.V) (OTCQB: VRYYF) (FSE: 0SI) (\"VERY GOOD\" or the \"Company\"), a leading plant-based food technology company, is pleased to announce that it has submitted an initial application to list on The Nasdaq Stock Market LLC (\"Nasdaq\"). The Company is pursuing a Nasdaq listing to enhance its investor profile with the goal of driving shareholder value. This initiative allows the Company to accelerate its business strategy focused on global expansion into the United States (“US“) and Europe, while attracting institutional and retail investors as well as potential M&A opportunities. VERY GOOD is seeking to further expand its retail and eCommerce footprint organically and through strategic business opportunities that complement its product category expansion and distribution plans. VERY GOOD submitted its application to list at the beginning of September and is in the final stages of Nasdaq’s review process.\n\n“A Nasdaq listing represents a significant milestone in our growth as a publicly-traded company,” said Mitchell Scott, CEO and Co-Founder of The Very Good Food Co. “We believe that listing in the US will unlock various opportunities to enhance corporate visibility, increase liquidity and broaden overall awareness of The Very Good Food Co. to a larger investor base while driving value for our shareholders.”\n\nThe listing of the Company's common shares (\"Shares\") on Nasdaq remains subject to the review and approval of the listing application and the satisfaction of all applicable listing and regulatory requirements, including approval of a registration statement to be filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”). The Company will continue to maintain the listing of its Shares on the TSX Venture Exchange under the symbol \"VERY\".\n\nAbout The Very Good Food Company Inc.\n\nThe Very Good Food Company Inc. is an emerging plant-based food technology company that produces nutritious and delicious plant-based meat and cheese products under VERY GOOD's core brands: The Very Good Butchers and The Very Good Cheese Co. www.verygoodfood.com\n\nOUR MISSION IS LOFTY, BADASS BUT BEAUTIFULLY SIMPLE: GET MILLIONS TO RETHINK THEIR FOOD CHOICES WHILE HELPING THEM DO THE WORLD A WORLD OF GOOD. BY OFFERING PL...