Core Insights - Eshbal Functional Food has acquired a 55% stake in Dare to Be Different Foods (D2BD), a US-based low-carb and gluten-free food company, for a total value of C$756,000 ($0.15 per share) [1][2][3] Group 1: Acquisition Details - The acquisition includes a cash payment of $248,000, with $26,000 paid at closing and the remainder to be settled in monthly installments of at least $18,500 over the next year [2][3] - Eshbal plans to purchase additional shares from existing D2BD shareholders for $180,000, to be paid through 1,200,000 Eshbal shares priced at $0.15 each [3] - The deal also allows for the issuance of additional shares if D2BD meets certain performance targets within two years post-closing [3] Group 2: Company Background and Strategy - D2BD, founded in 2012, specializes in low-carb and gluten-free frozen products, including crusts, crisps, and gnocchi made from broccoli and cauliflower [2] - Eshbal aims to expand its presence in North America, having previously completed a reverse takeover with Hakken Capital Corp, which led to its listing on the TSX Venture Exchange [4] - Eshbal's CEO has indicated that the company is focusing on acquisitions in North America to drive growth and aims to triple revenue within the next two years [5]