Streetbeat News

BFYW

Better For You Wellness Inc

Industry

Drilling Oil and Gas Wells

Open

0.00

Mkt cap

279K

Volume

101K

High

0.00

P/E Ratio

-0.05

52-wk high

0.01

Low

0.00

Div yield

N/A

52-wk low

0.00

Better For You Wellness, Inc. (OTC:BFYW) has completed an asset purchase agreement with The Ideation Lab, LLC, acquiring rights to brands including the Stephen James Curated Coffee Collection (SJCCC). The $3 million deal involves 300,000 series A preferred shares at $0.01 each, minimizing shareholder dilution. SJCCC is already in sales channels like Kroger and Amazon. The acquisition aims to expand BFYW's presence in the wellness industry and is expected to enhance shareholder value and profitability. BFYW's stock traded lower by 11.72% at $0.0057 following the announcement.

Portfolio Pulse from Jelena Martinovic

December 06, 2023 | 6:38 pm

Better For You Wellness, Inc. (BFYW) is set to acquire The Ideation Lab (TIL) and its subsidiaries, including Jordre Well and its CBD coffee brand, in a deal valued at $3 million. The transaction will be conducted entirely in BFYW stock, with TIL shareholders receiving preferred shares. TIL's products have secured sales channels at Kroger (KR), Amazon (AMZN), and various resorts and retailers. The transaction is expected to conclude by November 15, 2023.

Portfolio Pulse from Maureen Meehan

September 19, 2023 | 10:00 am

Insiders at AIM ImmunoTech Inc. (AIM), BrightRock Gold Corp. (BRGC), and Better For You Wellness, Inc. (BFYW) have recently purchased shares in their respective companies. AIM ImmunoTech has begun a Phase 2 study for post-COVID treatment, BrightRock Gold has completed hyperspectral field work at the Midnight Owl Lithium project, and Better For You Wellness is launching a new coffee collection at Kroger.

Portfolio Pulse from Lisa Levin

July 18, 2023 | 11:18 am

Insiders at ZeroFox Holdings, BrightRock Gold Corp, and Better For You Wellness have recently purchased shares in their respective companies. ZeroFox's director acquired 51,000 shares, BrightRock's CEO bought 114,052 shares, and Better For You Wellness's CEO purchased 7,500 shares. These transactions indicate the insiders' confidence in their companies' prospects.

Portfolio Pulse from Lisa Levin

July 13, 2023 | 1:21 pm

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