Bettermoo(d) Announces Repricing of Warrants
(TheNewswire)
Vancouver, British Columbia, Canada – May 16, 2025– TheNewswire - bettermoo(d) Food Corporation (CSE: MOOO ), (OTCQB: MOOOF ), (Frankfurt: 0I5A ,WKN: A3D8PP ) (the “ Company ” or “ bettermoo(d) ”)announces the repricing of an aggregate of 3,094,231 common sharepurchase warrants (the “ Repriced Warrants ”) to a revised exerciseprice of $0.273 per Repriced Warrant, effective immediately (the“ WarrantRepricing ”). Under the policies of theCanadian Securities Exchange (the “ CSE ”), the WarrantRepricing is subject to the unanimous consent of the registeredholders of the outstanding Repriced Warrants.
As the Warrant Repricing will result in an exerciseprice lower than the market price of the Company’s common shares onthe date the warrants were issued, CSE policies require that, iffollowing the Warrant Repricing, for any ten consecutive trading daysthe closing price of the Company’s common shares on the CSE exceedsthe amended exercise price by 25%, the term of the Repriced Warrantsmust be amended to 30?days. The amended expiry date will beannounced by the Company by press release and the 30?day period willcommence seven days from the end of the ten consecutive trading dayperiod referred to above.
ABOUT BETTERMOO(D) FOOD CORPORATION
bettermoo(d) Food Corporation is an innovativeplant-based dairy alternative food and beverage company based inVancouver, British Columbia Canada, launching Moodrink ™ , a nutritious dairy-alternativebeverage with a revolutionary flavour. Moodrink ™ includes a blend of herbs andflowers similar to what cows ate, before the time of mass livestockproduction. Like rich dairy products, Moodrink ™ contains added healthy plant fatsand vitamins, so consumers don’t miss out. The “Moodrink” isjust the beginning of the revolution for the Vancouver baseddairy-alternative company, bettermoo(d).
Driven by the motto “What A Cow Eats and A HumanNeeds” bettermoo(d) seeks to produce dairy alternative products thatare good for both people and the planet – ensuring that all productsare nutritious and sustainably sourced, and that also emulate thegreat taste of traditional milk from the Alps regions of Switzerland,France and Austria. Working with food scientists, the Company’s goalis to conduct continuous food research and development programs withthe aim of rolling out a full line of dairy alternative products,including Moogurt and B u etter , as wellas many other products, that are better for YOU and better for theplanet.
ON BEHALF OF THE BOARD ofDIRECTORS
Nima Bahrami
Chief Executive Officer and Director
bettermoo(d) Food Corporation
For furtherinformation please contact:
Email: investors@bettermoodfoodcorporation.com
Website: www.bettermoo.com
Phone: 1-855-715-1865
Disclaimer for Forward-Looking Information.
This news release may containcertain forward looking statements and forward looking information(collectively, “Forward-Looking Statements”) within the meaning ofthe applicable Canadian and U.S. securities laws, including the UnitedStates Private Securities Litigation Reform Act of 1995. F orward-looking statements and informationcan be identified by the use of forward-looking terminology such as“intends” or “anticipates”, or variations of such words andphrases or statements that certain actions, events or results“may”, “could”, “should”, “would” or “occur”. Allstatements in this news release, other than statements of historicalfacts, including statements regarding future estimates, plans,objectives, timing, assumptions or expectations of future performanceare forward-looking statements and contain forward-lookinginformation, including, but not limited to, completion of the WarrantRepricing. Forward-looking statements are based on certain materialassumptions and analysis made by the Company and the opinions andestimates of management as of the date of this news release,including, but not limited to the assumption that the holders of theRepriced Warrants will consent to the Warrant Repricing.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 bematerially different from those expressed or implied by suchforward-looking statements or forward-looking information, including,but not limited to the risk that the holders of the Repriced Warrantswill not consent to the Repricing, stock market volatility and capitalmarket fluctuations, general market and industry conditions, as wellas those risk factors set forth in the Company’s filings on SEDAR+.Although management of the Company has attempted to identify importantfactors that could cause actual results to differ materially fromthose contained in forward-looking statements or forward-lookinginformation, there may be other factors that cause results not to beas anticipated, estimated or intended. There can be no assurance thatsuch statements will prove to be accurate, as actual results andfuture events could differ materially from those anticipated in suchstatements. Accordingly, readers should not place undue reliance onforward-looking statements and forward-looking information. Readersare cautioned that reliance on such information may not be appropriatefor other purposes. The Company does not undertake to update anyforward-looking statement, forward-looking information or financialoutlook that are incorporated by reference herein, except inaccordance with applicable securities laws.
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