Newage, inc. announces review of strategic alternatives

Salt lake city, june 08, 2022 (globe newswire) -- newage, inc . (nasdaq: nbev) (the “company”), the utah-based direct-to-consumer (d2c) organic and healthy products company, today announced that its board of directors has initiated a process to evaluate potential strategic alternatives to maximize shareholder value. as part of the process, the board will consider a full range of strategic alternatives including available financing alternatives, a potential financial restructuring or a reorganization, merger, sale or other strategic transaction.
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