Delisting Announcements - Nasdaq announced the delisting of Advanced Health Intelligence Ltd.'s American Depositary Shares, which were suspended on July 30, 2024, and have not traded since [1] - The ordinary shares and warrants of noco-noco Inc. will also be delisted, with suspension occurring on November 25, 2024 [1] - LuxUrban Hotels Inc.'s common and preferred stock will be delisted, suspended since January 17, 2025 [2] - SRIVARU Holding Limited's Class A ordinary shares and warrants will be delisted, suspended since January 22, 2025 [2] - Hudson Acquisition I Corp.'s common stock, unit, and rights will be delisted, suspended since January 24, 2025 [3] - Plum Acquisition Corp III's Class A ordinary shares, units, and warrants will be delisted, suspended since January 28, 2025 [3] - QT Imaging Holdings, Inc.'s common stock will be delisted, suspended since January 28, 2025 [4] - Procaps Group, S.A.'s ordinary shares and warrants will be delisted, suspended since February 4, 2025 [4] - Viracta Therapeutics, Inc.'s common stock will be delisted, suspended since February 4, 2025 [5] - Stryve Foods, Inc.'s common stock and warrants will be delisted, suspended since February 6, 2025 [5] - Alternus Clean Energy, Inc.'s Class A common stock will be delisted, suspended since February 12, 2025 [6] - T2 Biosystems, Inc.'s common stock will be delisted, suspended since February 12, 2025 [6] - Staffing 360 Solutions, Inc.'s common stock will be delisted, suspended since February 13, 2025 [7] - Bio-Path Holdings, Inc.'s common stock will be delisted, suspended since February 19, 2025 [7] - FutureTech II Acquisition Corp.'s Class A common stock, warrants, and units will be delisted, suspended since February 26, 2025 [8] - Valuence Merger Corp I's Class A ordinary shares, units, and warrants will be delisted, suspended since March 11, 2025 [8] - Cutera, Inc.'s common stock will be delisted, suspended since March 13, 2025 [9] - Patria Latin American Opportunity Acquisition Corp.'s Class A Ordinary Shares will be delisted, suspended since March 19, 2025 [10] - Goldenstone Acquisition Limited's common stock, warrants, rights, and units will be delisted, suspended since March 26, 2025 [11] - Benson Hill, Inc.'s common stock will be delisted, suspended since March 27, 2025 [11] - 23andMe Holding Co.'s Class A common stock will be delisted, suspended since March 31, 2025 [12] - Global Lights Acquisition Corp's ordinary shares, units, and rights will be delisted, suspended since April 7, 2025 [12] - Metal Sky Star Acquisition Corporation's ordinary shares, warrants, rights, and units will be delisted, suspended since April 9, 2025 [13]

Core Insights - Stryve Foods, Inc. reported preliminary financial results for FY 2024, indicating net sales of $21.0 million, an increase of 18.5% year-over-year [1][2] - The company achieved an adjusted EBITDA loss of $8.0 million, reflecting a 32.4% improvement compared to the previous year [2] - Significant balance sheet transformations are underway, including a reduction of current liabilities by $8.7 million and the elimination of over $10.2 million in future lease payments [4] Financial Performance - For FY 2024, Stryve incurred an operating loss of approximately $10.6 million, an improvement of 31.2% from the prior year [2] - Cash used in operating activities was approximately $7.9 million, compared to $7.4 million in FY 2023 [2] - In Q4 2024, net sales reached $4.5 million, up 57.5% from the same period in 2023 [3] Balance Sheet and Capital Structure - As of December 31, 2024, the company had a working capital deficit of approximately $15.0 million, up from $7.4 million in the previous year [2] - The company had approximately $16.4 million in indebtedness as of the same date [2] - The company plans to finance operations through equity offerings, debt financings, or strategic transactions until it can generate positive cash flow [5] Operational Developments - The company filed Form 12b-25, indicating delays in filing its Annual Report on Form 10-K due to working capital constraints [6] - Stryve is focused on high-protein, healthier snacking options, with products marketed under various brand names [7][8]

Core Insights - Stryve Foods, Inc. is launching four new high-protein meat snack products to cater to the growing consumer demand for clean, flavorful, and nutritious snacks [1][2][3] Product Launch - The new product lineup includes Stryve Original Brisket Slices, Stryve Grass-Fed Original, Stryve Grass-Fed Hickory, and Vacadillos Carne Asada [1][2] - The introduction of grass-fed beef in Stryve's offerings aligns with consumer preferences for sustainable and minimally processed protein sources [2] - Vacadillos Carne Asada is designed to provide an adventurous snacking experience with bold and authentic flavors [2] Market Strategy - The new products will be showcased at the Natural Products Expo West tradeshow starting March 5, 2025, and will be available to major retailers nationwide [3] - Stryve plans to offer these products online directly to consumers later in March 2025 [3] Company Overview - Stryve Foods specializes in premium air-dried meat snacks, focusing on high protein, great taste, and health [4] - The company aims to disrupt traditional snacking categories with products that are lower in sugar and carbohydrates while being higher in protein [4] - Stryve's products are marketed as Keto and Paleo diet-friendly, containing no added sugars or preservatives [4][6] Distribution Channels - Stryve distributes its products through major retail channels in North America, including grocery stores, convenience stores, and e-commerce platforms like Amazon and Walmart [5]