The latest update is out from Sadot Group ( (SDOT) ).
Sadot Group Inc. has raised $3.0 million through convertible notes to support its expansion into markets like Canada, Brazil, and potential ventures in Indonesia. This strategic financing move aligns with their long-term growth plans, allowing them to enhance their global food supply chain operations. With a conversion price set at $4.10 per share, this minimally dilutive capital raise is expected to fuel Sadot’s ambitious global expansion while maintaining financial stability.
Learn more about SDOT stock on TipRanks’ Stock Analysis page.