Eat & Beyond Proposes Exciting New Name and Investment Direction
Vancouver, BC — Eat & Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988) has recently announced a significant proposal for a name change as part of their evolving investment strategy. This proposed shift aims to better align the company with its renewed focus on advancing digital and blockchain technologies.
Proposed Name Change to Digital Asset Technologies Inc.
Pending shareholder approval, the company plans to transition its name from "Eat & Beyond Global Holdings Inc." to "Digital Asset Technologies Inc." This change not only signifies a new identity but also highlights the company's dedication to emerging technologies while still supporting its mission of investment in innovative and impactful businesses.
Along with the name change, the trading symbol on the Canadian Securities Exchange is set to change to "DATT." Detailed information about this transition, including the effective date and new identifiers for the company’s shares, will be shared in future communications.
Young Bann, the CEO, expressed enthusiasm about this transition, stating, "The proposed name change marks a meaningful step in the Company’s continued evolution. It reflects our expanded focus on digital innovation, including blockchain technologies and responsible AI solutions. We believe this new identity better represents the direction of the Company and our broader investment objectives."
Enhancements to the Investment Policy
Historically, Eat & Beyond has invested primarily in the food technology and sustainability sectors, which continue to be vital to the company’s foundation. However, the new investment strategy also emphasizes an expansion into blockchain and related technologies.
The updated policy will now include investments in:
- Tokenization of Real-World Assets: Engaging in projects utilizing blockchain to represent physical assets digitally.
- Decentralized Infrastructure: Focusing on technologies that enhance open and distributed systems.
- Advanced Trading Analytics: Supporting tools and platforms that improve data analysis and decision-making within financial markets.
This strategic shift is set to support advancements in AI, blockchain, Web3, fintech, and broader ICT sectors. The company's goal is to identify successful ventures that merge technological advancements with real-world solutions, aiming for both early and growth-stage investments.
Commitment to Innovation and Sustainability
Eat & Beyond remains committed to identifying ventures that not only drive technological innovation but also offer practical solutions with a positive social impact. The company seeks to provide essential capital and strategic guidance necessary for these ventures to flourish in an ever-changing technological environment.
For additional insights into the Company’s updated Investment Policy, interested parties are encouraged to visit their website at www.eatandbeyond.com.
Both the proposed name change and the amendments to the investment policy are pending approval from the Canadian Securities Exchange and the Company’s shareholders.
About Eat & Beyond
Eat & Beyond is an investment issuer publicly traded that focuses on equity investments globally in companies at the forefront of food tech and technology innovation. With a team of industry specialists, Eat & Beyond offers investors unique access to a diverse range of opportunities across alternative food, sustainability, and technology markets. With its subsidiary Liquidlink AI Corp, the company is committed to blockchain developments, emphasizing innovations such as real-world asset tokenization and decentralized infrastructure.
Frequently Asked Questions
What is the proposed name for Eat & Beyond after the change?
The proposed name change is to "Digital Asset Technologies Inc.".
What new ticker symbol will the company adopt?
Post-name change, the trading symbol will change to "DATT" on the Canadian Securities Exchange.
How will the investment policy change?
The investment policy will now include a focus on blockchain technologies alongside existing investments in food tech and sustainability.
What areas of technology will the new strategy focus on?
The new strategy emphasizes blockchain, artificial intelligence, Web3, and fintech sectors, aiming for substantial societal impacts.
Who can be contacted for more information?
For further inquiries, stakeholders can reach out to Young Bann, CEO, at young@purposeesg.com.
