Stryve Foods, Inc. (“Stryve” or “the Company”)
(NASDAQ: SNAX), the premium air-dried meat snack company that is
conquering the intersection of high protein, great taste, and
health under the brands of Braaitime, Kalahari, Stryve, and
Vacadillos continues to expand distribution nationwide.
Vacadillos, the fastest growing brand in the
meat snacks category delivering on-trend Latin inspired offerings,
is capitalizing on its momentum and has expanded its presence with
the rollout of its newest products. Vacadillos’ newest flavor of
Carne Seca, Chipotle Honey, is seasoned with bold
flavors using ingredients that consumers know. These thinly sliced
strips of flavorful steak, air-dried and seasoned to perfection,
bring the ultimate blend of sweet and heat to the franchise.
In addition, the Company’s research and
development team has created NEW air-dried meat sticks in popular
Chili Lime and Habanero flavors.
These breakthroughs will delight consumers with superior taste to
compliment the healthy delivery from the Company’s innovative
air-dried processes. All three items are now available
nationwide at leading convenience store chain, 7-Eleven, in a
feature display dedicated to the brand.
“Our mission at Stryve Foods
has been about expanding the meat snack category with
better-for-you options, while setting a new, higher standard of
taste. We are excited to partner with 7-Eleven as we bring
innovative, customer favorite solutions that enable category
growth,” said Chris Boever, Chief Executive Officer of
Stryve Foods.
About Stryve Foods, Inc.Stryve
is a premium air-dried meat snack company that is conquering the
intersection of high protein, great taste, and health under the
brands of Braaitime, Kalahari, Stryve, and Vacadillos is a healthy
snacking and food company that manufactures, markets and sells
highly differentiated healthy snacking and food products that is
planned to disrupt traditional snacking and CPG categories.
Stryve’s mission is “to help Americans eat better and live happier,
better lives.” Stryve offers convenient products that are lower in
sugar and carbohydrates and higher in protein than other snacks and
foods. Stryve’s current product portfolio consists primarily of
air-dried meat snack products marketed under the Stryve®,
Kalahari®, Braaitime®, and Vacadillos® brand names. Unlike beef
jerky, Stryve’s all-natural air-dried meat snack products are made
of beef and spices, are never cooked, contain zero grams of sugar*,
and are free of monosodium glutamate (MSG), gluten, nitrates,
nitrites, and preservatives. As a result, Stryve’s products are
Keto and Paleo diet friendly. Further, based on protein density and
sugar content, Stryve believes that its air-dried meat snack
products are some of the healthiest shelf-stable snacks available
today. Stryve also markets and sells human-grade pet
treats under the brand Two Tails, made with simple, all-natural
ingredients and 100% real beef with no fillers, preservatives, or
by-products.
Stryve distributes its products in major retail
channels, primarily in North America, including grocery, club
stores and other retail outlets, as well as directly to consumers
through its ecommerce websites and through the Amazon platform. For
more information about Stryve, visit www.stryve.com or follow us on
social media at @stryvebiltong.
* All Stryve air-dried products contain zero
grams of added sugar, with the exception of the Chipotle Honey
flavor of Vacadillos, which contains one gram of sugar per
serving.
Cautionary Note Regarding
Forward-Looking StatementsCertain statements made herein
are “forward-looking statements” within the meaning of the “safe
harbor” provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements may be identified by the use of
words such as “anticipate”, “may”, “will”, “would”, “could”,
“intend”, “aim”, “believe”, “anticipate”, “continue”, “target”,
“milestone”, “expect”, “estimate”, “plan”, “outlook”, “objective”,
“guidance” and “project” and other similar expressions that predict
or indicate future events or trends or that are not statements of
historical matters, including, but not limited to, statements
regarding Stryve’s plans, strategies, objectives, targets and
expected financial performance. These forward-looking statements
reflect Stryve’s current views and analysis of information
currently available. This information is, where applicable, based
on estimates, assumptions and analysis that Stryve believes, as of
the date hereof, provide a reasonable basis for the information and
statements contained herein. These forward-looking statements
involve various known and unknown risks, uncertainties and other
factors, many of which are outside the control of Stryve and its
officers, employees, agents and associates. These risks,
uncertainties, assumptions and other important factors, which could
cause actual results to differ materially from those described in
these forward-looking statements, include: (i) the inability to
achieve profitability due to commodity prices, inflation, supply
chain interruption, transportation costs and/or labor shortages;
(ii) the ability to recognize the anticipated benefits of the
Business Combination or meet financial and strategic goals, which
may be affected by, among other things, competition, supply chain
interruptions, the ability to pursue a growth strategy and manage
growth profitability, maintain relationships with customers,
suppliers and retailers and retain its management and key
employees; (iii) the risk that retailers will choose to limit or
decrease the number of retail locations in which Stryve’s products
are carried or will choose not to carry or not to continue to carry
Stryve’s products; (iv) the possibility that Stryve may be
adversely affected by other economic, business, and/or competitive
factors; (v) the effect of the COVID-19 pandemic on Stryve; (vi)
the possibility that Stryve may not achieve its financial outlook;
(vii) risks around the Company’s ability to continue as a going
concern and (viii) other risks and uncertainties described in the
Company’s public filings with the SEC. Actual results, performance
or achievements may differ materially, and potentially adversely,
from any projections and forward-looking statements and the
assumptions on which those projections and forward-looking
statements are based.
Investor Relations
Contact:Three Part Advisors, LLCSandy
Martin or Phillip
Kuppersmartin@threepa.com or pkupper@threepa.com214-616-2207
or 817-778-8339
A photo accompanying this announcement is
available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/de01f4a6-30de-48c7-99d2-6beabdf44115
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