other material
confidence high
sentiment neutral
materiality 0.60
Next Meats Holdings incorporates French subsidiary; updates on NMCO acquisition and Form 10-Q delay
Next Meats Holdings, Inc.
- Incorporated NextMeats France as wholly owned sub on 9/17/2021 to distribute alt-meat products in Europe.
- Acquisition of Next Meats Co., Ltd. pending; NMCO shareholders to receive ~487.4M NXMH shares via cancellation/exchange.
- Audit by BF Borgers CPA PC ongoing; effective time of acquisition not yet occurred.
- Form 10-Q for period ended July 31, 2021 not filed; missed NT 10-Q extension, expects to file next week.