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Forbidden Foods Ltd Releases Restricted Shares Post-Acquisition

Story Highlights
  • Forbidden Foods Ltd is a health-focused company with brands like Blue Dinosaur® in Australia and the USA.
  • The company will release 89,722,221 shares from escrow, linked to an acquisition, enhancing share liquidity.
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Forbidden Foods Ltd Releases Restricted Shares Post-Acquisition

Forbidden Foods Ltd ( (AU:FFF) ) has shared an update.

Forbidden Foods Ltd has announced the release of 89,722,221 fully paid ordinary shares from voluntary escrow, effective 26 March 2025. This release is linked to the acquisition of Oat Milk Goodness, completed in September 2024, and does not affect the company’s issued capital, potentially impacting its market positioning by increasing share liquidity.

More about Forbidden Foods Ltd

Forbidden Foods Ltd (ASX: FFF) is a health & wellness food company focused on providing clean, sustainable, and healthy products. Its core brand, Blue Dinosaur®, is marketed in Australia and the USA.

Average Trading Volume: 5,449,861

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$4.98M

For an in-depth examination of FFF stock, go to TipRanks’ Stock Analysis page.

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