01:31:14 EDT Thu 26 May 2022
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or Name

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Nabati Foods Global Inc
Symbol MEAL
Shares Issued 45,416,897
Close 2022-01-18 C$ 0.37
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Nabati Foods lists Eggz, Cheeze at the Grocery Outlet

2022-01-19 09:40 ET - News Release

Mr. Michael Aucoin reports


Nabati Plant Eggz, Nabati Foods Global Inc's proprietary, plant-based liquid egg alternative, and Nabati Cheeze are now for sale in 189 the Grocery Outlet locations across California.

The Grocery Outlet has supplied customers, retailers and distributors for over 20 years with a wide range of high-quality, competitively priced products.

"We are thrilled to be partnering with the Grocery Outlet to expand access for our customer base in the California market," said Nabati Foods interim chief executive officer Michael Aucoin.

Nabati Plant Eggz is the only plant-based liquid egg alternative made by a Canadian company, and the only plant-based liquid egg alternative that is free of both soy and gluten. It offers the same consistency, taste and texture as a traditional chicken egg, but is made using lupin and pea protein. It is sold in liquid form in 355-millilitre bottles. Each serving of Nabati Plant Eggz has just 100 calories, with six grams of protein, two grams of fibre and no cholesterol. The product is also high in vitamin A, vitamin E, riboflavin, niacin, vitamin b12 and pantothenic acid. Nabati Cheeze Shreds are sold in 320-gram (11.28-ounce) packages. Each one-fourth cup serving has only 70 calories, is low in sodium and has zero cholesterol or sugar.

All Nabati Foods products are kosher, vegan, egg-free, dairy-free, gluten-free and non-GMO (genetically modified organism).

DTC eligibility

The company's OTCPK listed common shares under the symbol MEALF are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the United States.

The DTC is a subsidiary of the Depository Trust & Clearing Corp., and manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered DTC eligible. This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.

About Nabati Foods Global Inc.

Nabati Foods Global is the owner of Nabati Foods Inc., a family-founded food technology company offering whole, natural, plant-based, gluten- and soy-free foods for health-conscious consumers. Nabati Foods was founded in 2014 and has four signature product lines, including dairy-free cheesecakes, cheese alternatives, plant-based meats and a plant-based liquid egg alternative. Nabati Foods products are distributed throughout Canada, the United States, and internationally through e-commerce, grocery, food service and industrial channels.

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