Stryve Foods Announces Public Offering

Healthy Snacking Platform Pricing Shares

PLANO, Texas, Nov. 08, 2024 (GLOBE NEWSWIRE) —

Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today announced the pricing of a public offering priced at-market according to Nasdaq rules of 3,670,886 shares of its Class A common stock and commons stock equivalents and warrants to purchase up to an aggregate of 7,341,722 shares of its Class A common stock at a combined public offering price of $0.79 per share (or prefunded warrant) and associated common warrants. Each share of Class A common stock (or prefunded warrant) is being sold together with two warrants each to purchase one share of Class A common stock.

Stryve Foods is making moves in the healthy snacking industry, offering consumers a convenient and nutritious option for on-the-go eating. With their innovative air-dried meat snacks, they are capturing the attention of health-conscious individuals looking for a protein-packed alternative to traditional snacks.

This public offering will provide Stryve Foods with the capital needed to fuel their growth and expansion plans. By pricing their shares at-market, the Company is ensuring transparency and fairness in the offering process, in line with Nasdaq rules.

Investors interested in the future of healthy snacking and the growing demand for protein-rich snacks may see this public offering as an opportunity to support a promising company in the industry. With the pricing set at $0.79 per share, Stryve Foods is making their stock accessible to a wide range of investors.

How Will This Affect Me?

As a consumer, the public offering by Stryve Foods could mean increased availability of their products in the market. With more capital at their disposal, the Company may expand their reach and introduce new flavors or product lines, giving you more options for healthy snacking.

How Will This Affect the World?

The public offering by Stryve Foods reflects the growing trend towards healthier snacking options in the food industry. By investing in a company like Stryve Foods, consumers are supporting a shift towards more nutritious and sustainable food choices, which could have a positive impact on overall public health and environmental sustainability.

Conclusion

Stryve Foods’ public offering marks a significant step for the Company in its mission to provide consumers with healthy and convenient snacking options. With the support of investors, Stryve Foods is well-positioned to continue leading the way in the air-dried meat snack industry, offering a tasty and nutritious alternative to traditional snacks.