BFYW - Popular Coffee Collection To Boost Ohio Wellness Company's Position In Market | Benzinga
Ohio-based Better For You Wellness, Inc. (OTC: BFYW) announced on Tuesday the successful closure of its previously announced asset purchase agreement with The Ideation Lab, LLC and its subsidiaries.
This deal marks a significant milestone for the company, positioning it for growth in the $1.5 trillion wellness industry, BFYW said.
The Ideation Lab, founded in 2019, has been at the forefront of innovation in various wellness segments, including functional beverages, skincare, personal care, pet lifestyle and women's mental wellness products.
TIL has distinguished itself through visionary leadership and centralized administrative operations, ensuring optimal efficiency in its endeavors.
The Transaction
The transaction is valued at $3 million and it leverages BFYW series A preferred shares.
The issuance of 300,000 series A ...