On February 27, 2023, Bettermoo(d) Food Corporation closed the transaction. The company issued 8,632,566 units for gross proceeds of CAD 2,848,747.05. The company amended the terms of the transaction.

The company will issue 12,121,212 units for gross proceeds of CAD 4,000,000. Arms-length finders in connection to the transaction, received fees in the aggregate amount of CAD 119,297.29 in cash and 355,507 share purchase warrants. The company issued 86,326 shares to a third-party in consideration for administrative services rendered in connection with the transaction.

Pursuant to applicable securities laws, all securities are subject to a statutory hold period of four months and a day expiring on June 28, 2023. The transaction included participation from Right Season Investments Corp. for 3,030,303 units for gross proceeds of CAD 1,000,000 and other investors.