ESG Inc. signs LOI for $10M acquisition of Panco Foods; suspends production ~3 months for EPA compliance

ESG Inc.

LOI proposes 100% equity purchase of Panco Foods Inc. for ~$10M in common stock; non-binding with 45-day exclusivity.
Advisor agreement with Craft Capital Management LLC for M&A/financing; 6-month term, success fees on financing raised.
Production suspended at primary facility since Oct 17 for EPA compliance installation; no fresh mushroom sales in September 2025.
Suspension expected ~3 months; company does not currently expect material impairment but will assess in next filing.

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