RKDA - Mergers and acquisitions

DAVIS, Calif., May 17, 2021 /PRNewswire/ -- Arcadia Biosciences, Inc.® (NASDAQ:RKDA), a leader in science-based approaches to enhancing the quality and nutritional value of crops and food ingredients, today released its financial and business results for the first quarter of 2021. "With our acquisition of select assets of Lief Holdings, LLC and Live Zola, LLC  announced today, we added to our business a well-established portfolio of best-in-class CBD-infused and wellness products generating $6 million in recurring annual revenues with strong growth potential, and we gained acc

DAVIS, Calif., May 17, 2021 /PRNewswire/ -- Arcadia Biosciences, Inc.® (NASDAQ:RKDA), a leader in science-based approaches to enhancing the quality and nutritional content of crops and food ingredients, today announced it has acquired the assets of Lief Holdings, LLC and its portfolio of wellness products from The Parent Company, along with select assets of Live Zola, LLC. The acquisition includes leading consumer CBD brands like Soul SpringTM, the top selling CBD-infused botanical therapy brand in the natural category, as well as Saavy NaturalsTM, a leading line of all-natural body care products. The purchase price for these assets was $4.0 million in cash, plus 827,400 shares of Arcadia co

DAVIS, Calif., April 19, 2021 /PRNewswire/ -- Arcadia Biosciences, Inc.® (NASDAQ:RKDA), a leader in science-based approaches to enhancing the quality and nutritional value of crops and food ingredients, today announced it has acquired, through Arcadia SPA, S.L., the assets of Agrasys S.A, a food ingredients company based in Barcelona, Spain. The transaction includes the physical and intellectual property assets to enable Arcadia to commercialize Tritordeum, a proprietary cereal grain that was developed at the Instituto de Agricultura Sostenible - Consejo Superior de Investigaciones Científicas, (IAS-CSIC) the largest public institution dedicated to agricultural research in Spain, and subsequ