Brief: Flow Beverage Enters Manufacturing Agreement With Beatbox, With The Potential To Deliver Up To $115 Million In Revenue Throughout The 5-Year Term
16/11/2023 12:04
Nov 16 (Reuters) - Flow Beverage Corp FLOW.TO :
* FLOW BEVERAGE CORP. ENTERS INTO MANUFACTURING AGREEMENT
WITH
BEATBOX, WITH THE POTENTIAL TO DELIVER UP TO $115 MILLION IN
REVENUE THROUGHOUT THE 5-YEAR TERM
* FLOW BEVERAGE CORP - MANUFACTURING AGREEMENT BETWEEN FLOW
AND
BEATBOX HAS FIVE-YEAR TERM WITH CONTRACTUAL TAKE-OR-PAY
COMMITMENTS
* FLOW BEVERAGE CORP - FLOW ENTERS MARKET FOR CO-PACKAGING
OF
ALCOHOL-BASED BEVERAGES
* FLOW BEVERAGE -ENTERS INTO A $5 MILLION SENIOR SECURED
TERM LOAN
WITH NFS LEASING TO SUPPORT CO'S CAPITAL EXPENDITURE AND WORKING
CAPITAL REQUIREMENTS
Source text for Eikon: ID:nBw5NV2dFa
Further company coverage: FLOW.TO
((Reuters.Briefs@thomsonreuters.com;))
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