Smart for Life Reports Significant Balance Sheet Improvement; Achieves Over $9.4 Million in Positive Net Stockholders' Equity Following Successful Restructuring Efforts [Yahoo! Finance]
Smart for Life, Inc. (SMFL)
Company Research
Source: Yahoo! Finance
MIAMI, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (OTC: SMFL) (“Smart for Life” or the “Company”), a distinguished leader in the Health & Wellness sector specializing in the marketing and manufacturing of nutritional supplements and foods, today announced significant progress in strengthening its balance sheet following a series of restructuring initiatives over the past several quarters. The Company has significantly improved its financial position, transitioning from negative net stockholders' equity to over $9.4 million in positive net stockholders' equity as of September 20, 2024. The Company also announced that it has successfully filed its 2023 annual report on Form 10-K with the U.S. Securities and Exchange Commission. This financial turnaround was primarily achieved through the elimination of over $15 million in debt and interest, underscoring Smart for Life's commitment to building long-term value for shareholders. The Company's leadership has been focused on
Show less
Read more
Impact Snapshot
Event Time:
SMFL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SMFL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SMFL alerts
High impacting Smart for Life, Inc. news events
Weekly update
A roundup of the hottest topics
SMFL
News
- Smart for Life Reports Significant Balance Sheet Improvement; Achieves Over $9.4 Million in Positive Net Stockholders' Equity Following Successful Restructuring EffortsGlobeNewswire
- Smart For Life Announces Participation at the H.C. Wainwright 26th Annual Global Investment ConferenceGlobeNewswire
- Smart for Life to Attend the Newtopia Now 2024 Conference in Colorado [Yahoo! Finance]Yahoo! Finance
- Smart for Life to Attend the Newtopia Now 2024 Conference in ColoradoGlobeNewswire
- Smart for Life Provides Update on Prospective Acquisitions [Yahoo! Finance]Yahoo! Finance
SMFL
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form NT
- 10/15/24 - Form 8-K
- SMFL's page on the SEC website