Nate's Food Company (NHMD)

[threebabiesbusy]

November 06 2023 - 12:07PM
Edgar (US Regulatory)

Item 8.01 Other Information

The Company was fully prepared and ready to complete the acquisition of JP Energy Group. Regrettably as of November 6, 2023, Section 3.01 of the acquisition agreement has not yet been satisfied, which prevented the closing from taking place as scheduled. The Company has received assurances that JP Energy Group is working to reconcile the conditions required for closing as per Section 3.01. The parties are working together towards their mutual interest of closing on the acquisition of JP Energy Group.

Form 8-K - Current report
November 17 2023 - 08:09AM
Edgar (US Regulatory)

Item 8.01 Other Information.

Nate Steck and John Park successfully wrapped up three days of productive in-person meetings, marking a significant milestone in their ongoing discussions. During these sessions, Nate's Food Co. played a pivotal role in orchestrating a $100,000 investment into JP Energy Partners, which was successfully executed on November 14, 2023.

The $100,000 investment in JP Energy Partners stands as a crucial component of the comprehensive transaction between the parties. Looking ahead, both parties have mutually committed to reconvene in person on November 28, 2023, with the clear objective of finalizing and officially closing the transaction.