Yuengling's Ice Cream binding LOI to acquire Revolution expires; new non-binding LOI signed

Frequency Holdings, Inc

Prior binding LOI to acquire Revolution Desserts expired; parties signed a new non-binding LOI.
Revolution owns Gelato Fiasco, Sweet Scoops, Art Cream, and SoCo Creamery brands.
Founder Robert Carlson and Charles Green (ex-Ben & Jerry's) will remain post-close.
Green led Ben & Jerry's national/international expansion; Carlson helped relaunch Yuengling's in 2014.

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