Home Bistro Inc. (OTCPK:HBIS) acquired Model Meals, LLC for $2.1 million on July 6, 2021. The majority of the consideration shall be payable in restricted shares of Home Bistro Inc. Post completion, Model Meals, LLC has become wholly owned subsidiary of Home Bistro Inc. Model Meals, LLC has reported gross revenues of $2.2 million in 2020. Camille May and Danika Brysha will be retained as Chief Financial Officer and Chief Executive Officer respectively. Home Bistro Inc. (OTCPK:HBIS) completed the acquisition of Model Meals, LLC on July 6, 2021. As part of the transaction, Model Meals received 2,008,310 shares of restricted common stock of Home Bistro Inc. and $60,000.