Halo Collective Inc. announced that it is strategically expanding into the functional beverage market with a proposed stock-based acquisition of private company operating as H2C Beverages ("H2C") and the entering into of a distribution and manufacturing agreement (the "Distribution Agreement") with Elegance Brands Inc. ("Elegance"). Pursuant to the terms of the Distribution Agreement, Elegance has agreed to purchase $30 million of Halo's H2C and Hushrooms branded products during the 24-month period following the launch of the products (the "Launch Period") and to distribute these products to retail outlets in respective legal states across the United States.
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5-day change | 1st Jan Change | ||
0.000001 USD | -.--% | -.--% | -.--% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
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-.--% | 150 | |
+44.33% | 294M | |
+80.81% | 234M | |
-21.14% | 162M | |
-14.29% | 146M | |
+100.80% | 113M | |
+11.54% | 97.54M | |
+150.00% | 75.33M | |
+74.69% | 80.36M | |
+133.33% | 62.9M |
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- Halo Collective Expands into Functional Beverages, Agrees to Acquire H2C Beverages and Establishes a $30 Million Distribution Agreement with Elegance Brands