bettermoo(d) Announces Cancellation of Warrants and Options

Core Viewpoint - bettermoo(d) Food Corporation has voluntarily cancelled a total of 408,902 common share purchase warrants and 88,125 stock options, which does not affect the number of common shares outstanding [1][4]. Group 1: Cancellation Details - The cancelled Warrants were issued through private placements on December 15, 2023, February 1, 2024, March 1, 2024, August 30, 2024, and April 21, 2024, with exercise prices of $1.092 and $1.20 per share, expiring between December 15, 2028, and April 21, 2030 [2]. - The cancellation of the 88,125 Options was done with the written consent of certain holders, in accordance with the Company's equity incentive plan [3]. Group 2: Current Status - After the cancellations, the Company has 941,073 Warrants and 25,000 Options remaining outstanding [4]. - The cancellation was voluntary, and no consideration was paid by the Company for these cancellations [3]. Group 3: Company Overview - bettermoo(d) Food Corporation is an innovative beverage company focused on high-quality products through online and in-store retail platforms, utilizing social media for customer education and showcasing beverage technologies [5].