Barfresh Announces Non-Recourse Non-Dilutive Litigation Financing

Core Insights - Barfresh Food Group Inc. has secured multiple offers for non-recourse non-dilutive litigation financing to support its ongoing lawsuit, which has previously cost the company approximately $300,000 over the past two years [1] - The new financing arrangement will alleviate the need for additional cash from Barfresh to fund the lawsuit, potentially improving its operating margins [1] Company Overview - Barfresh Food Group Inc. specializes in the development, manufacturing, and distribution of ready-to-blend and ready-to-drink beverages, including smoothies, shakes, and frappes, primarily targeting the education market, foodservice industry, and restaurant chains [2] - The company utilizes a proprietary, patented system for its single-serving, on-site prepared products, which employs portion-controlled pre-packaged beverage ingredients to deliver freshly made frozen beverages that are quick, cost-efficient, and reduce waste [2]