Biltong

“With our recently announced wins regarding the distribution gains at Costco, Walmart, and 7-Eleven among others on the horizon, not only will this capital support our near-term growth, but it will also be key as we seek to advance our plans for a second facility and greatly expanding our capacity,” Joe Oblas, CEO of Stryve, remarked while adding, “We are paving the way for the growth of our brands in the future and are excited to be in a position to progress our mission of helping America snack better.” …

Stryve Foods, Inc., an emerging healthy snacking platform disrupting traditional snacking categories and a leader in the air dried meat snack industry in the United States, today announced new distribution representing more than 4,000 additional convenience store and retail locations, as well as increased penetration for its popular all-natural air-dried meat snacking brands, Stryve, Kalahari, and Vacadillos. …

In connection with the business combination announcement, the companies executed definitive agreements with institutional investors for an oversubscribed common stock PIPE of $42.5 million at $10.00 per share. …