On March 17, 2023, Blender Bites Limited closed the transaction. The company has announced that it has issued 410,850 units at a price of CAD 3.08 for the gross proceeds of CAD 1,265,420 in it's second and final tranche total. The company has raised CAD 1,999,998 in the total transaction.

The transaction included participation from Chelsie Hodge for 24,300 units for gross proceeds to the CAD 74,844 and Right Season Investments Corp. 137,332 units for gross proceeds of CAD 422,983. The company issued 4,109 shares of the company to a third party in consideration for administrative services rendered in connection with the second tranche.

All securities issued under the second tranche are subject to a statutory hold period of four months and a day expiring on July 18, 2023.