TORONTO, July 14, 2021
/CNW/ -- Flow Beverage Corp. (the "Company" or "Flow®") is
pleased to announce that its common shares begin trading on the TSX
opening this morning under the ticker symbol "FLOW".
The Company will be celebrating its listing with CEO,
Maurizio Patarnello, and Flow
Founder and Executive Chairman, Nicholas
Reichenbach, virtually ringing the TSX opening bell at
9:30 a.m. ET today. The bell-ringing
ceremony is available by webcast at Flow's LinkedIn:
https://www.linkedin.com/company/flow-hydration/.
Reichenbach stated, "Today's listing of Flow as a public company
on the TSX is the result of the last seven years of incredibly hard
work and dedication by the Flow team, the enduring support of our
loyal shareholders, numerous celebrity influencers and brand
ambassadors, our retail partners, and our incredible customers.
It's a very exciting time for Flow as we are now fully capitalized
for our next stage of growth. We look forward to welcoming a host
of new investors to the Flow family who support our mission to make
products that are healthier for our customers and the planet."
Patarnello added, "Flow's entrance into the public markets is a
major milestone that will help us focus on our growth strategy. We
will continue investing in expanding distribution, increasing
velocity, and our burgeoning direct-to-consumer model. We aim to
increase brand awareness and establish Flow as a leading premium
'better-for-you beverage' brand in North
America. Flow has tapped directly into the modern consumer's
desire for high quality sustainably packaged water and functional
beverage products. The wave of support we have been receiving from
our shareholders, retail and distribution partners, and our
consumers, is further encouragement that we can take Flow to the
next level."
Flow is one of the fastest-growing premium water brands in
North America.
For more information, Flow Beverage's Annual Information Form,
MD&As, and further filings are available on SEDAR at:
http://www.sedar.com/.
About Flow
Flow is a premium alkaline spring water company with a
diversified line of health and wellness-oriented beverage products
sold online and at retailers throughout North America. Flow's premium alkaline spring
water is offered in original unflavored and a range of
award-winning organic flavors, in sizes ranging from 330-ml to
1-liter.
Due to its unique artesian spring sources, Flow products contain
naturally occurring electrolytes and essential minerals, and its
original and flavored water products have an alkaline pH. As part
of its ongoing innovation into functional "better-for-you"
beverages, Flow recently introduced a new line of collagen-infused
waters with natural flavors.
Founded in 2014 by serial, mission-driven entrepreneur
Nicholas Reichenbach, Flow is highly
dedicated to sustainability and is a B-Corp Certified company with
a purpose to "bring wellness to the world through the positive
power of water." Flow set out to be a sustainable brand, packaging
its products in up to 75% renewable-resource-based Tetra Pak™
cartons utilizing sustainable operations.
Flow beverage products are available online at
flowhydration.com, and are sold at over 20,000 stores across
the United States and Canada, including Target, Walmart, Costco,
Whole Foods Market, Loblaws, Sobeys, Metro, Shoppers Drug Mart, CVS
Pharmacy, Farm Boy, Sprouts Farmers Market, Safeway, Wegmans,
Harris Teeter, Sam's Club, Giant
Eagle, Bristol Farms, Raley's, Vitamin Shoppe, and Duane Reade, among others.
Follow Flow on social media: Instagram
(https://www.instagram.com/flow/); Twitter
(https://twitter.com/FlowHydration); and Facebook
(facebook.com/FlowHydration).
For more information on Flow, please visit Flow's investor
relations site at: investors.flowhydration.com
Cautionary Statement
This press release may contain
"forward-looking statements" within the meaning of applicable
Canadian securities legislation. Such forward-looking statements
include, but are not limited to, information with respect to our
objectives and the strategies for achieving those objectives, as
well as information with respect to our beliefs, plans,
expectations, anticipations, estimates and intentions.
Forward-looking statements are typically identified by the use of
words such as "may", "would", "should", "could", "expect",
"intend", "estimate", "anticipate", "plan", "foresee", "believe",
or "continue", although not all forward-looking statements contain
these words. Forward-looking statements are provided for the
purposes of assisting the reader in understanding Flow and its
business, operations, prospects, and risks at a point in time in
the context of historical and possible future developments, and the
reader is therefore cautioned that such information may not be
appropriate for other purposes. Forward-looking statements are
based on assumptions and are subject to a number of risks and
uncertainties, many of which are beyond our control, which could
cause actual results to differ materially from those that are
disclosed in or implied by such forward-looking statements. Those
risks and uncertainties include the following: impact and spread of
COVID-19; ability to achieve and manage growth; failure to expand
sales capabilities; changes in consumer preferences; criticism of
packaged water; maintain brand image and product quality;
constrained or unavailable spring water sources; inability to
package products; increased competition; accurately estimating
demand; maintaining relationships with distributors and vendors;
changing retail landscape; incorrect product design or development;
product information misrepresentation; revenues derived entirely
from packaged beverages; increases in costs or shortages of
materials; fluctuation of quarterly operating results; no assurance
of profitability; fluctuations in foreign currency; changes in
government regulation; contamination or recalls of ingredients or
end products; loss of intellectual property rights; litigation;
future tax rates; catastrophic events; climate change; seasonal
business; dependence on key information systems and third-party
service providers; ability to securely maintain confidential
information; maintaining and upgrading information technology
systems; conflict of interest; dual class share structure;
potential volatility of share price; no assurance of active market
for shares; lack of dividends; global financial condition;
publication of inaccurate or unfavourable research and reports;
operating history; and management and conflict of interests.
Consequently, all of the forward-looking statements contained
herein are qualified by the foregoing cautionary statements, and
there can be no guarantee that the results or developments that we
anticipate will be realized or, even if substantially realized,
that they will have the expected consequences or effects on our
business, financial condition or results of operation. Unless
otherwise noted or the context otherwise indicates, the
forward-looking statements contained herein are provided as of the
date hereof, and we do not undertake to update or amend such
forward-looking statements whether as a result of new information,
future events or otherwise, except as may be required by applicable
law.
SOURCE Flow Beverage Corp.
