EAT & BEYOND ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT OF UNITS AND ANNOUNCES DEBT SETTLEMENT

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Not for distribution on US NewsWIRE services or for publication in the United States

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VANCOUVER, British Columbia, Jan. 17, 2025 (GLOBE NEWSWIRE) — Eat & Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988) (“Eating and beyond“or”a company“), an investment issuer focused on the sustainability and alternative protein sector, announces that further to its news releases dated November 28, 2024 and January 15, 2025, the Company is pleased to announce that it has closed the previously announced non-brokered private placement of units of the Company (“Units“) by issuing 11,141,090 units at a price of C$0.0825 per unit for gross proceeds to the Company of C$919,140.00 (“an offer“).

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Each unit consists of one common share (eachShare“) and an order to buy one share (each “noteEach Warrant entitles the holder to acquire one additional share at a price of C$0.11 per share, for a period of 24 months from the date of issuance.

The Company plans to use the proceeds from the offering for general corporate purposes, marketing and future investment opportunities such as pursuing its crypto strategy including potential investments in Solana, Dogecoin and other currencies. See the new issue dated November 13, 2024 to learn about the company’s expansion strategy. These investments will be fully disclosed before any transactions are initiated.

Concurrent with the closing of the Offering, the Company issued 3,030,303 shares at a deemed issue price of C$0.0825 per share to settle outstanding good faith debt in the aggregate amount of C$250,000 (“religion“”) due to the service provider (“)Creditor“).

All securities issued in connection with the Offering and to the Creditor are subject to a statutory hold period of four months plus one day from the date of issue in accordance with applicable securities legislation which expires on 18 May 2025.

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About Eat Beyond

Eat & Beyond is an investment entity that identifies and makes equity investments in global companies that develop and commercialize innovative food technology and sustainability. Led by a team of industry experts, Eat & Beyond is the first source of its kind in Canada, providing individual investors with a unique opportunity to participate in the growth of a broad range of opportunities in the alternative food and sustainability sectors, and access to companies that are leading efforts towards a smarter, safer food supply. .

Learn more: https://eatbandeyond.com/

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved of the contents of this news release.

For more information: For more information, please contact Young Pan, CEO, young@poseesg.com.

This press release contains “forward-looking information” that is subject to a number of assumptions, risks and uncertainties, many of which are beyond the Company’s control. Forward-looking statements may include, but are not limited to, the use of proceeds and funds available after the completion of the offering, and are subject to all risks and uncertainties that typically occur in such events. Investors are cautioned that any such statements are not guarantees of future events and that actual events or developments may differ materially from those anticipated in the forward-looking statements. These forward-looking statements represent management’s best judgment based on currently available information. No securities regulatory body has approved or disapproved the contents of this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law.

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