Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, has received approval to list its common shares on the Canadian Securities Exchange (CSE).
The common shares will commence trading under the trading symbol “EATS” on November 17.
“We created Eat Beyond to make it easy to invest in the future of food, and provide retail investors with access to the very best companies in the sector,” says Patrick Morris, CEO of Eat Beyond.
“The space has seen enormous interest from the market for brands such as Beyond Meat, but that was really just the tip of the iceberg,” he continues.
“The diverse range of innovation taking place in this sector is staggering.”
Diversifying portfolio comprises novel F&B food tech
Eat Beyond is the first investment issuer in Canada focused solely on identifying and acquiring equity in diverse global companies in the F&B sector.
Eat Beyond is the first investment issuer in Canada focused solely on identifying and acquiring equity in diverse global companies in the F&B sector.The investment issuer’s scope of interest covers plant-based proteins, fermented proteins, cultured proteins/agriculture, food tech, consumer packaged goods, cellular agriculture and other experimental F&B projects.
Eat Beyond’s portfolio comprises The Very Good Food Company (VGF), a plant-based specialist that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives including The Very Good Butcher products.
The value of Eat Beyond Global Holdings’ recent investment in VGF, was recently reported to have ballooned more than 800 percent following its stock market launch.
Food tech company Eat JUST Inc. is another company within Eat Beyond’s portfolio. A food technology company and the makers of JUST Egg. JUST products are currently available in most major grocery chains in the US and for purchase online.
Also in this list of companies, TurtleTree is the first company in the world producing cow’s milk and human breast milk from cell cultivation.
Eat Beyond’s portfolio also includes Nabati Foods Inc, SingCell Tx, Good Natured and Greenspace Brands Inc.
Start-ups are expected to play a critical role in post-COVID-19 recovery efforts in addition to providing the solutions to the many future food challenges faced by society, particularly in light of the rapid onset of climate change.
A recent report on financing in the F&B sector highlighted that innovation has been particularly hard hit due to curtailed R&D funding.
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