secwatch.observer — SEC 8-K summary
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Issuer:     STRYVE FOODS, INC. (—)
CIK:        0001691936
Form:       8-K
Filed at:   2024-04-01T23:59:59+00:00
Accession:  0001493152-24-012502
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stryve Foods Reports Full Year 2023 Results with Improved Adj. EBITDA Loss and 2024 Guidance
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- Full year 2023 net sales of $17.7 million, down from $29.9 million in 2022 due to strategic rationalization.
- Adjusted EBITDA loss improved 52.9% to ($11.8) million in 2023 from ($25.0) million in 2022.
- Fiscal 2024 net sales guidance set at $24 million to $30 million, implying 35% to 70% growth.
- Asset-based line of credit with Alterna Capital renewed through March 2026 with $8.0 million capacity.
- Company terminated ATM equity facility with Craig Hallum Capital and extended $4.1 million in bridge notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1691936/000149315224012502/0001493152-24-012502-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1691936/000149315224012502/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-012502

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