Barfresh Food Group Inc (BRFH)

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Barfresh completes reverse stock split at 1:13 ratio for uplisting

Dec. 29, 2021 8:49 AM ETBarfresh Food Group, Inc. (BRFH)By: Khyathi Dalal, SA News Editor

Barfresh Food (OTCQB:BRFH) completed a reverse stock split of its shares at a ratio of 1-for-13; stock will commence trading on post-split basis on Dec.29 under the temporary trading symbol "BRFHD".
The D letter will be removed within 20 business days if the stock is still trading on the OTCQB on listing of stock on National Exchange, whichever comes first.

The reverse stock split is intended to fulfill the stock price requirements for initial listing on a National Exchange.
The split will reduce the number of shares of the company's common stock outstanding from ~167.8M shares to ~12.9M shares

"We will enter 2022 with more than double the number of schools selling our product and many additional channels including restaurants and military beginning to reorder products. The month of December will be the largest recorded month of sales in our company history and we expect our Q4 to exceed $2M in revenue," CEO Riccardo Delle Coste commented.
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