M&A
confidence high
sentiment neutral
materiality 0.95
Next Meats Holdings completes acquisition of Next Meats Co., Ltd., ceases shell status
Next Meats Holdings, Inc.
- Former NMCO shareholders Ryo Shirai, Hideyuki Sasaki, Koichi Ishizuka receive ~439.98M shares; total outstanding now 500M shares.
- NMCO becomes wholly owned subsidiary; company ceases to be a shell company and will operate as holding company for NMCO and NextMeats France.
- Company retains ~40.6% voting control of Dr. Foods, Inc.; co-developing alternative foie gras product.
- Products include plant-based burger, gyudon, yakiniku, chicken; manufactured in JFS/HALAL-certified factories.