Latest news with #functionalbeverage
Globe and Mail
3 days ago
- Business
- Globe and Mail
Arkay's Parent Company, Beyond Spirits, Launches Bold Acquisition Strategy Using Stock-for-Stock Merger Model
Miami, Florida--(Newsfile Corp. - August 11, 2025) - In a strategic move to expand its global footprint in the alcohol-free and functional beverage sectors, Beyond Spirits Inc., parent company of Arkay Beverages, announces the implementation of a stock-for-stock acquisition strategy, also known as a share exchange tender offer. Beyond Spirits Inc. This approach allows Beyond Spirits to use its own equity - rather than cash - to acquire complementary companies in the beverage, wellness, and distribution sectors. The company is actively engaging with businesses that align with Arkay's vision of a healthier, alcohol-free lifestyle. "Our mission is to consolidate and lead the alcohol-free beverage market globally," said Reynald Vito Grattagliano, Founder of Arkay and President of Beyond Spirits. "By leveraging our stock to acquire innovative, synergistic brands, we're accelerating growth without the burden of debt or dilution of operational focus." The move reflects a confident valuation of Beyond Spirits and a strategic understanding of current market dynamics, where consolidation and scale are critical to long-term success. The company aims to integrate operations, optimize distribution, and strengthen product portfolios through these mergers. Arkay Beverages, launched in 2011, pioneered the zero-proof spirits category and has since grown into a globally recognized brand with over $360 million in cumulative sales. Recently, Arkay made headlines with a prominent billboard in Times Square, viewed by more than 300,000 people daily, further reinforcing its leadership position in the mindful drinking movement. Companies interested in more information are invited to contact Beyond Spirits' corporate development team. About Beyond Spirits Inc. Beyond Spirits Inc. is a U.S.-based company specializing in innovative alcohol-free beverage solutions. As the parent company of Arkay Beverages, Beyond Spirits is committed to promoting health, innovation, and social responsibility in the global drinks industry.
Associated Press
04-08-2025
- Business
- Associated Press
BFCH Signs Binding LOI to Acquire EVERMIND(TM) Beverage - A Science-Supported Cognitive Health Platform
Accretive Acquisition Adds IP-backed Consumer Brand, Strengthens Balance Sheet, and Reinforces $0.01 Equity Benchmark Ahead of Eventual Uplisting and Expanded Capital Strategy CRESTVIEW, FL - August 4, 2025 ( NEWMEDIAWIRE ) - BitFrontier Capital Holdings, Inc. (OTC: BFCH), doing business as EVERMIND Holdings, Inc. ('EVERMIND'), today announced it has signed a binding Letter of Intent (LOI) to acquire ERApeutics, LLC, the developer of EVERMIND(TM) - a physician-formulated functional beverage platform for cognitive health. Designed as a creamy, plant-based protein shake, EVERMIND(TM) delivers both short- and long-term brain health benefits in one convenient daily ritual. The brand is shelf-stable, science-supported, and ready for commercialization. The transaction is structured as a $4,000,000 equity acquisition, based on the total issuance of 400,000,000 restricted common shares at a fixed price of $0.01 per share. This marks the Company's second major transaction executed at the $0.01 benchmark, following the previously disclosed $2 million convertible note settlement at the same price. 'This isn't just a beverage asset - it's a platform,' said Dr. Jordan Balencic, CEO of BitFrontier Capital Holdings, Inc. 'EVERMIND(TM) is shelf-stable, IP-backed, and commercialization-ready. I believe it's the next CELH of brain health. What Celsius did for metabolism, EVERMIND aims to do for mental clarity, mood, and cognitive performance. It's built to scale, to spin off, and to anchor our broader wellness ecosystem.' ERApeutics, LLC has raised $1.67 million in equity capital at a $4 million pre-money valuation, with a cap table that includes two institutional investors. The EVERMIND(TM) asset package includes six flagship proprietary nootropic and adaptogenic formulations, an R&D pipeline, academic research, registered trademarks, a fully integrated Shopify-based e-commerce stack ( ), and commercialization-ready branding. EVERMIND(TM) currently carries over $1.1 million in development-stage assets, reflecting the internal buildout of its formulations, regulatory preparation, and go-to-market strategy. These are non-cash contributions recorded on the company's books that represent meaningful brand equity and commercialization readiness. The EVERMIND(TM) roadmap also features a pipeline of complementary functional formats, such as light sparkling beverages, powders, and concentrated shots -each engineered for distinct cognitive use occasions. The acquisition is expected to materially strengthen BFCH's balance sheet by adding structured, IP-backed assets and aligning with the Company's OTCQB uplisting strategy. With the elimination of over $2 million in toxic convertible debt, total liabilities reduced to under $94,000, and multiple asset-based transactions priced at a fixed equity benchmark, BFCH is creating the financial and operational foundation necessary for future institutional engagement. 'We're building a balance sheet that meets the standards of institutional capital,' added Balencic. 'From fixed-price asset acquisitions to disciplined equity structuring, every move we're making supports our OTCQB uplisting roadmap and broader capital markets strategy. The $0.01 benchmark, now used in both debt resolution and asset acquisition, is more than symbolic. It's a contractual reference point guiding how we build value. BFCH is no longer a distressed vehicle -it's a reset platform, positioned for growth.' The functional beverage space continues to attract institutional attention. Recent transactions -such as Keurig Dr Pepper's $300M valuation investment in Poppi, Coca-Cola's majority stake in Health-Ade, and Unilever's acquisition of Liquid I.V. -validate growing investor appetite at the intersection of wellness, flavor, and function. EVERMIND(TM) positions BFCH to participate in this momentum with a differentiated, brain-first platform. The transaction is expected to close within 60 to 90 days, subject to standard confirmatory due diligence and final documentation. Upon completion, EVERMIND(TM) will operate as a wholly owned subsidiary of EVERMIND Labs, with future spin-off optionality. View the Investor Pitch: Access the investor deck that helped EVERMIND(TM) raise $1.6 million from 28 investors, including two institutional funds. About BitFrontier Capital Holdings, Inc. (d/b/a EVERMIND Holdings, Inc.) BitFrontier Capital Holdings, Inc. (OTC: BFCH), doing business as EVERMIND Holdings, Inc., is a Wyoming-based public company executing a strategic platform model across human optimization, cognitive performance, and longevity-focused innovation. Through its three core divisions - EVERMIND Labs (consumer products), EVERMIND Technologies (IP & diagnostics), and EVERMIND Manufacturing (production infrastructure) - the Company is focused on acquiring, incubating, and scaling high-impact assets in emerging wellness and performance categories. Following the elimination of toxic debt and the addition of IP-backed operating assets, BFCH is transitioning from legacy status into a structurally reset vehicle, positioned for capital formation, uplisting, and future growth. Led by its CEO and controlling shareholder, Dr. Jordan P. Balencic, the Company is committed to a disciplined turnaround, transparent governance, and long-term value creation. No assurances can be made regarding the timing or success of future developments. Safe Harbor Statement: This press release contains forward-looking statements within the meaning of applicable federal securities laws, including statements regarding the Company's strategy, future operations, planned acquisitions, and anticipated timelines. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, the possibility that the proposed acquisition may not close as expected, delays in integration, capital constraints, and changes in market or regulatory conditions. Forward-looking statements speak only as of the date of this release. The Company undertakes no obligation to update or revise these statements except as required by law. Contact: Jordan P. Balencic, D.O. 813-693-1377 [email protected] View the original release on
Associated Press
19-06-2025
- Business
- Associated Press
Deadless Made Its Trade Show Debut at BevNET Live
PHILADELPHIA, June 19, 2025 (GLOBE NEWSWIRE) -- Deadless, the bold, woman-owned functional sparkling beverage brand, made its trade show debut last week at BevNET Live NYC—a premier gathering of the beverage industry's most innovative and influential leaders. Founded by Josie Deadless after her personal battle with cancer, the brand was born from a deep desire to reclaim vitality and help others do the same. Her story and mission resonated strongly with the crowd. Deadless was selected as a semifinalist in the New Beverage Showdown, where 12 emerging brands pitched their products to a panel of expert judges on Wednesday, June 11. The brand stood out not only for its compelling origin story—which was met with an enthusiastic cheer from the audience—but also for its unapologetically bold flavors: Bloody Berry, Citrus Sinner, and Evil Island. Each is infused with 600mg of adaptogens and nootropics designed to promote mental clarity, calm energy, and resilience to stress. Attendees and judges praised Deadless for its authenticity and innovation. 'It feels like a badge brand which can gather together a tribe,' said David De La Garza, Senior Director of New Revenue Streams at The Coca-Cola Company North America. Rachel Krupa, Founder of The Goods Mart, echoed enthusiasm, adding, 'I love the packaging!' In just its first year, Deadless has secured distribution in over 50 specialty shops and independent retailers across the country. The brand continues to expand its direct-to-consumer presence through its website and Amazon, while also gaining traction in the on-premise space throughout the Philadelphia area and beyond. Deadless isn't just a drink. It's a rebellion against burnout, a tribute to resilience, and a toast to feeling alive. For more information, contact: Gary Strack Founder & President Night Owl Public Relations [email protected] A photo accompanying this announcement is available at
Daily Mail
09-05-2025
- Health
- Daily Mail
Tired of sugary sodas? Electrolyte-packed, ZERO-sugar and calorie drinks are the refreshment you've been waiting for
Why go for a cola when you can go for a functional beverage filled with electrolytes instead? Wet Hydration makes delicious flavored water packed with electrolytes, vitamins, and other ingredients, depending on which flavor you choose. There are multiple different flavors available, including Blackberry Melon, Watermelon Lime, Peach Pineapple, and Orange Mango. Wet Hydration This electrolyte-packed drink is available in four flavors: Blackberry Melon, Watermelon Lime, Peach Pineapple, and Orange Mango. Shop them in a 12-pack for just $33, or try the variety pack to give all four a go. Each one contains slightly different ingredients, but every can has zero sugars and fat, and comes packed with electrolytes. $32.99 Shop Each can also contains zero grams of fat, calories, or sugar. Plus, it is naturally flavored, so you'll never have to worry about the contents of these electrolyte beverages. On the website, you can choose to buy a 12-pack of each individual flavor for $39.99, or tantalize your tastebuds with the variety pack, which will get you a tasting of all four. And, while it's built for everyday hydration, you can also use it as a pre-workout boost or a post-workout recovery companion — to recover all those electrolytes you just lost. The best part is that Wet Hydration is great for people of all ages — even kids. The only flavor that contains caffeine (and it's natural caffeine, at that) is the Blackberry Melon flavor, so feel free to choose that one if you're looking for an afternoon boost — but keep it away from the kiddos. The brand also just appointed Randy Smith as its new Vice President of Sales, in an effort to grow the brand even more, so hopefully we can expect more flavors in the future! In the meantime, shop each of the four available flavors below and find your favorite can!
