Yuengling's Ice Cream acquires Revolution Desserts for cash, note, preferred stock plus $2M capital

Frequency Holdings, Inc

Acquires 100% of Revolution Desserts; brands include Gelato Fiasco, Sweet Scoops, Art Cream, SoCo Creamery.
Total consideration: $80k cash (already advanced), $155k promissory note, plus Preferred Stock.
Buyer commits up to $2M of growth capital to Revolution post-close.
Closing subject to conditions including SEC approval of Reg. 1-A; date unknown.
Robert Carlson and Charles Green to remain with Yuengling's after closing.

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