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Posted On: 06/18/2021 7:22:18 AM
Post# of 25588

$TQLB "Since the acquisition, American Metabolix has performed well ahead of expectations, driving stronger-than-expected brand awareness and sales growth relative to investments following integration. Distributors and consumers have responded powerfully as we put the brand in front of a wider audience, which is a terrific signal. We are also excited to see cash on hand at the company growing rapidly through the end of the quarter, now topping $500k. That will allow us to launch and grow the brand successfully from here."

