Eshbal Functional Food Amends Deal to Acquire Majority Interest in Dare to Be Different Foods

Reuters01-13

Eshbal Functional Food Amends Deal to Acquire Majority Interest in Dare to Be Different Foods

Eshbal Functional Food Inc. has amended its agreement to acquire a majority interest in Dare to be Different Foods, Inc. (D2BD), a U.S.-based company specializing in gluten-free, vegetable-forward food products. Under the updated terms, Eshbal will also acquire additional assets related to D2BD’s business from Marvin Jemal, the managing director of D2BD, for US$360,000, to be paid through the issuance of 2,400,000 Eshbal common shares at a deemed price of US$0.15 per share. Shares that may be issued upon reaching certain performance milestones will be priced at the higher of the closing trading price prior to the announcement of Eshbal’s annual results or US$0.11 per share. The transaction is expected to close on or about January 15, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eshbal Functional Food Inc. published the original content used to generate this news brief via CNW (Ref. ID: C3371) on January 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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