Item 8.01 Other Events.

Yuengling's Ice Cream Corporation ("Yuengling's") has signed a binding Letter of Intent ("LOI") to acquire Revolution Desserts, LLC ("Revolution"). Revolution owns or licenses the Gelato Fiasco, Sweet Scoops, Art Cream, and SoCo Creamery brands. Revolution was founded by Robert Carlson and, in addition to Mr. Carlson, is currently being run by Charles Green. Mr. Carlson and Mr. Green will remain with Yuengling's post close, which is expected to occur by the end of March, 2022.

Mr. Green has 40+ years in the ice cream, logistics, and consumer packaged goods (CPG) industries. He is best known for his time at Ben & Jerry's where he led the company's national and international expansion. Since leaving Ben & Jerry's/Unilever, Mr. Green has worked with a number of other ice cream brands such as Steve's Ice Cream, Ample Hills, and Jenni's.

Mr. Carlson has more than 30+ years in the frozen desserts business. Prior to Revolution, Mr. Carlson helped relaunch Yuengling's Ice Cream in 2014. Before Yuengling's, Mr. Carlson was involved with numerous companies such as Sunkist Frozen, Brigham's Ice Cream and Ben & Jerry's.







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