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Happy Belly Food Group ( (TSE:HBFG) ) has shared an announcement.
Happy Belly Food Group has successfully closed its sixth consecutive above-market non-brokered private placement, raising $500,000 to support its growth strategy. This funding boosts the company’s ability to pursue both organic and inorganic growth, including strategic M&A opportunities, and aims to accelerate its path to cash flow positivity.
More about Happy Belly Food Group
Happy Belly Food Group Inc. is a leading consolidator of emerging food brands, focusing on building a portfolio that includes categories such as coffee, tea, bubble tea, energy drinks, and refreshers.
YTD Price Performance: 5.11%
Average Trading Volume: 19,793
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $116.3M
Learn more about HBFG stock on TipRanks’ Stock Analysis page.