(TheNewswire)
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Vancouver, British Columbia, Canada – TheNewswire - December 1, 2025 – bettermoo(d) Food Corporation (CSE: MOOO), (OTCQB: MOOOF), (Frankfurt: 0I5A, WKN: A3D8PP) (the “Company” or “bettermoo(d)”) announces that its Board of Directors has resolved to cease the Company’s existing retail operations and initiate a comprehensive review to identify new business opportunities that may better support long-term shareholder value.
Following an extensive evaluation of the Company’s current activities, financial position, and prevailing market conditions, the Board has determined that continuing with the Company’s existing line of business is not commercially sustainable. As a result, bettermoo(d) will begin an orderly wind-down of its current operations effective immediately.
In conjunction with this transition, the Company intends to implement measures to reduce overall operating expenditures, preserve capital, and align its cost structure with its revised strategic direction. During this period, management will focus on evaluating alternative business sectors, potential new ventures, and strategic transactions that may provide improved prospects for future growth.
As part of the Company’s plan to reposition itself for prospective opportunities, the Company intends to consolidate its issued and outstanding common shares (“Shares”) at a ratio of four (4) pre-consolidation Shares to one (1) post-consolidation Share (the “Consolidation”).
Prior to the Consolidation, the Company has 12,584,394 Shares issued and outstanding. Following the Consolidation, there will be approximately 3,146,108 Shares issued and outstanding. No fractional Shares will be issued, and any fractions of a Share will be rounded to the nearest whole number of Shares. The exercise or conversion price and the number of Shares issuable under any of the Company’s outstanding convertible securities will be proportionately adjusted upon the Consolidation.
In accordance with the Company's Articles, the Consolidation will not require the approval of the shareholders. The Consolidation is subject to the acceptance of the Canadian Securities Exchange, and the Company will issue a further news release once the effective date of the Consolidation has been confirmed.
As a result of the Company’s current inactive status, the Company will be designated as an Inactive Issuer and effective December 2, 2025, its trading symbol will change from MOOO to MOOO.X. The addition of the suffix ‘.X’ to the trading symbol is a designation applied by the CSE and does not constitute a suspension of trading; the securities will continue to trade under the new symbol.
ABOUT BETTERMOO(D) FOOD CORPORATION
bettermoo(d) Food Corporation is an innovative beverage company focused on delivering high quality products through online and in-store retail platforms. Bettermoo(d) Food Corporation utilizes social media to deliver educational experiences for their customer base while demonstrating pioneering beverage technologies.
ON BEHALF OF THE BOARD of DIRECTORS
Nima Bahrami
Chief Executive Officer and Director
bettermoo(d) Food Corporation
For further information please contact:
Email: investors@bettermoodfoodcorporation.com
Website: www.bettermoo.com
Phone: 1-855-715-1865
Disclaimer for Forward-Looking Information.
This news release may contain certain forward looking statements and forward looking information (collectively, “Forward-Looking Statements”) within the meaning of the applicable Canadian and U.S. securities laws, including the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance are forward-looking statements and contain forward-looking information, including, but not limited to, the wind-down of its current operations, the implementation of measures to reduce overall operating expenditures, preservation of capital and alignment of its cost structure with its revised strategic direction; completion of the Consolidation; receipt of acceptance from the Canadian Securities Exchange; and designation of the Company as an Inactive Issuer. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this news release, including, but not limited to the assumption that the wind-down of its current operations will proceed as planned based on its implementation of certain measures; that the Consolidation will be completed on the stipulated timeline; and that the Company will be designated and trade as an Inactive Issuer. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including, but not limited to the risk of stock market volatility and capital market fluctuations, general market and industry conditions, as well as those risk factors set forth in the Company’s filings on SEDAR+. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.
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