09:50 AM EST - Coho Collective Kitchens Inc : Provides an update today on the acquisition of Purebread. Bakery Inc. that was previously announced on May 29, 2023. As announced on August 31, 2023, the Acquisition, a strategic move expected to bolster Coho's market presence, is now expected to close on or before September 19, 2023. Coho is also pleased to announce today that Purebread's existing owners have also agreed to receive a portion of the purchase price for Purebread in the form of a $1.5 million Vendor-Take-Back note issued by Coho Acquisition Corp. The VTB Note was negotiated between Coho and the Purebread Vendors to ensure a seamless transition and continued growth of Purebread following the date of the concurrent closings of the Offering and Acquisition. Coho Collective Kitchens Inc
shares V.COHO are trading unchanged at $0.22.
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