Blender Bites Limited (CNSX:BITE) entered into LOI to acquire Advanced Sports Nutrition Inc. on October 19, 2023. As of November 3, 2023, Blender Bites Limited entered into a share purchase agreement to acquire Advanced Sports Nutrition Inc. Pursuant to the agreement, the company will acquire all of the issued and outstanding common shares of Advanced Sports Nutrition in exchange for 2.013333 million common shares of the company. The LOI contemplates that the acquisition of ASN will proceed via share exchange, with the current shareholders of ASN receiving shares of the Company in exchange for all of the issued and outstanding share capital of ASN. Completion of the proposed acquisition of ASN remains subject to a number of conditions, including the satisfactory completion of due diligence, receipt of any required regulatory approvals and the negotiation of definitive documentation. The acquisition cannot be completed until these conditions have been satisfied.

Blender Bites Limited (CNSX:BITE) completed the acquisition of Advanced Sports Nutrition Inc. on November 16, 2023.