Barfresh Announces Non-Recourse Non-Dilutive Litigation Financing
Barfresh Food Group Inc. (BRFH)
NASDAQ:AMEX Investor Relations:
barfresh.com/investors/corporate/management
Company Research
Source: GlobeNewswire
LOS ANGELES, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the “Company” or “Barfresh”) (Nasdaq: BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, received multiple offers to fund its lawsuit on a non-recourse non-dilutive basis based on the merits of its legal case. The Company entered into an agreement with a well-known alternative asset investment firm and the Company’s litigation counsel, Boesch Law Group, to provide non-recourse non-dilutive litigation financing. Barfresh has spent approximately $300,000 over the past two years for this lawsuit which affected its operating margins. This new non-recourse non-dilutive financing removes the need for additional cash from the Company to fund this pending lawsuit. About Barfresh Food Group Barfresh Food Group Inc. (Nasdaq: BRFH) is a developer, manufacturer and distributor of ready-to-blend and ready-to-drink beverages, including smoothies, shakes and frappes, primarily for the education market
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News
- Smoothies Market to Grow by USD 664.85 Million (2023-2027), Driven by More Outlets, AI's Impact on Trends - Technavio Report [Yahoo! Finance]Yahoo! Finance
- Barfresh Food Group, Inc. (NASDAQ: BRFH) was upgraded by analysts at Greenridge Global from a "hold" rating to a "buy" rating. They now have a $4.50 price target on the stock.MarketBeat
- Barfresh Food Group, Inc. (BRFH) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Barfresh Provides Second Quarter 2024 Results and Business UpdateGlobeNewswire
- Barfresh to Host Business Update Call on August 14, 2024GlobeNewswire
BRFH
Sec Filings
- 9/11/24 - Form 8-K
- 8/14/24 - Form S-8
- 8/14/24 - Form 10-Q
- BRFH's page on the SEC website