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Cult Food Science Updates Continuous Disclosure Record and Provides Corporate Update on Noochies Following OSC Staff Review
Thenewswire· 2026-02-11 23:40
Core Viewpoint - CULT Food Science Corp. is actively addressing compliance issues with the Ontario Securities Commission by filing previously disclosed material agreements and is focused on reshaping the global food industry through investments in lab-grown meat and cellular agriculture [1][2][10]. Group 1: Filings and Compliance - The company has filed certain material agreements on its SEDAR+ profile at the request of the Ontario Securities Commission staff, which were previously disclosed but not filed or required correction [1][2]. - On May 20, 2025, the company filed an Intellectual Property Purchase Agreement and related agreements, which were previously disclosed but not formally filed [3]. - Additional material agreements, including consulting and advisory agreements, were filed on July 13, 2025, which had also been disclosed in the continuous disclosure record but not previously filed [4]. Group 2: Financial Agreements - On December 29, 2025, the company filed various Debt Settlement Agreements, SAFE Instruments, and Share Exchange and Joint Venture Agreements, all of which had been disclosed but not filed [5]. - The company acknowledges that due to these refilings, it will be placed on the Ontario Securities Commission's public Refilings and Errors list for three years [7]. Group 3: Business Operations - The company's subsidiary, Further Foods Inc., has ceased operations of its Noochies! brand due to an inability to secure financing, and is evaluating strategic options for the brand [8]. - CULT Food Science's current operations involve managing a global investment portfolio that includes investments in over a dozen lab-grown meat and cellular agriculture startups, with ongoing monitoring and evaluation of new investment opportunities [9]. Group 4: Company Overview - CULT Food Science is a disruptive food technology investment platform focused on the commercialization of lab-grown meat and cellular agriculture, aiming to reshape the global food industry while enhancing long-term shareholder value [10].
CULT Food Science Appoints new CFO
Thenewswire· 2025-12-03 13:50
Core Insights - CULT Food Science Corp. has appointed Mitchell Jackman as the new CFO, effective immediately, succeeding Steve Vanry who resigned on the same day [1][4]. Company Overview - CULT Food Science is a disruptive food technology investment platform focused on pioneering the commercialization of lab-grown meat and cellular agriculture to reshape the global food industry [5]. - The company's investment strategies include acquiring equity, debt, or other securities of both public and private companies, financing in exchange for royalties, and acquiring businesses or assets [5]. - CULT Food Science aims to enhance long-term shareholder value through active stewardship and innovation while reshaping the global food system [5]. New CFO Profile - Mitchell Jackman has over 10 years of experience in management and financial consulting for public issuers, with a background in various management roles across different sectors [2]. - He is a founding partner of Cavalry Advisory Group, focusing on financial reporting, compliance, and strategic business assistance [2]. - As a Chartered Professional Accountant, Jackman has played a key role in executing strategic visions through accurate financial reporting and compliance [3].