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MIAMI BEACH, FL/ACCESSWIRE/September 8, 2022/ Home Bistro, Inc. (OTC PINK:HBIS), (“Home Bistro” or the “Company”), a celebrity chef and lifestyle-inspired ready-meal delivery platform, today announced that he had applied to list his shares of common stock on the Nasdaq Capital Market.
Home Bistro CEO Zalmi Duchman said, “We believe the move from OTC to the Nasdaq Capital Market will increase Home Bistro’s visibility, improve our stock trading liquidity, and broaden the company’s awareness on financial markets. A Nasdaq listing should also attract more investors and help create greater shareholder value.”
He added: “Over the past year, we have worked closely with our investment bankers to strategize and structure a potential equity offering in conjunction with our proposed listing, which, if it is achieved, should provide us with the capital to grow our business significantly, both organically and through potential acquisitions.”
The company’s common stock will continue to trade on the OTC under its current symbol, HBIS, during the Nasdaq review process, and until the company receives approval for trading on the Nasdaq. »
About Home Bistro, Inc.
Home Bistro is a leading direct-to-consumer online platform, www.homebistro.com, that creates and distributes ready-to-eat gourmet meals inspired by celebrity chefs, which currently includes culinary offerings from “Iron Chef” Cat Cora, TV Host and Bestselling Cookbook Author Ayesha Curry, Chef “Hungry Fan” Daina Falk, “Master Chef” Claudia Sandoval, “Top-Chef All-Star” Richard Blais, Chef “Vegan + Sustainable Priyanka Naik, celebrity pastry chef and dessert Melanie Moss, and soon to be cast celebrity chef Robl Ali.
Lifestyle brand Model Meals by Home Bistro www.modelmeals.com is a Whole30 and Paleo approved ready-to-eat meal prep service, offering a weekly rotating menu that is prepared by professional chefs, using only the ingredients of the highest quality available, sourced responsibly. and locally, and delivered in sustainable and environmentally friendly packaging.
This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “anticipates”, “expects” or “does not expect”, “proposed”, “is planned “, “budget”, “planned”, “estimates”, “plans”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these words and expressions , or by the use of words or phrases indicating that certain actions, events or results may, might, might occur or be achieved.In particular, and without limitation, this press release contains forward-looking statements and information regarding company growth goals and industry prospects (as described herein). Forward-looking statements consist of statements that are not purely historical, including statements regarding beliefs, plans, expectations or int thoughts about the future. These forward-looking statements include, among other things, statements about the future financial performance of the Company, the impact of changes in management, any organizational restructuring and the adequacy of capital resources to fund its ongoing operational needs; statements about the Company’s expectations regarding capitalization, resources and ownership structure; and any other statements other than statements of historical fact. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the Company’s forward-looking statements due to a number of important factors, including (i) risks relating to the combined entity’s access to existing capital and prospects for raising funds to fund its ongoing operations, and (ii) other business effects, including the effects of industry, market, economic, political or regulatory conditions, currency exchange rates and interest rates, and changes in tax and other laws, regulations, rates and policies, including the impact of COVID-19 on the broader market. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous known and unknown, general and specific assumptions, risks and uncertainties, which contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not be achieved.
The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Detailed information regarding factors that could cause actual results to differ materially from the results expressed or implied by statements in this press release about the Company may be found in the Company’s periodic filings with the Securities and Exchange. Commission, including the factors described in the sections entitled “Risk Factors”, copies of which may be obtained on the SEC’s website at www.sec.gov. Further, the Company undertakes no obligation to comment on any expectations or statements made by third parties with respect to the matters discussed above.
Zalmi Duchman, CEO
THE SOURCE: Home Bistro, Inc.
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