Arcadia Biosciences (RKDA) Announces Sale of GoodWheatTM to Above Food Corp for $4M

5/16/24 8:05:54 AM ET

Farming/Seeds/Milling

Consumer Staples

Get the next $RKDA alert in real time by email

Arcadia Biosciences, Inc.® (NASDAQ:RKDA), a producer and marketer of innovative, plant-based health and wellness products, and Above Food Corp., an innovative food company leveraging its vertically integrated supply chain to deliver differentiated ingredients and consumer products, announced today that Above Food will purchase the GoodWheatTM brand of better-for-you wheat products from Arcadia for $4 million net.

Get the next $RKDA alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$RKDA

Date	Price Target	Rating	Analyst
1/3/2022	$7.00 → $6.00	Buy	HC Wainwright & Co.

More analyst ratings

$RKDA
Leadership Updates

Live Leadership Updates

Arcadia Biosciences (RKDA) Announces Leadership Transition
-- CEO Stan Jacot replaced by CFO Thomas J. Schaefer -- Arcadia Biosciences, Inc.® (NASDAQ:RKDA), a producer and marketer of innovative, plant-based health and wellness products, announced that CEO Stan Jacot has left the company and been replaced by Thomas J. Schaefer, effective July 5, 2024. Schaefer was previously Arcadia's chief financial officer and will be replaced in that role by Mark Kawakami, Arcadia's current vice president of finance. "On behalf of Arcadia, I would like to thank Stan for his many contributions to the company," said Board of Directors Chairman Kevin Comcowich. "Under his leadership, Arcadia expanded the GoodWheat brand into three categories, sold the brand to
7/9/24 8:02:00 AM ET
$RKDA
Farming/Seeds/Milling
Consumer Staples
Arcadia Biosciences (RKDA) Appoints Kevin Comcowich to Interim CEO
DAVIS, Calif., Dec. 20, 2021 /PRNewswire/ -- Arcadia Biosciences, Inc.® (NASDAQ:RKDA), a producer and marketer of innovative, plant-based health and wellness products, announced it has appointed Kevin Comcowich, current Chairman of the Arcadia Board of Directors, as interim chief executive officer, effective January 1, 2022, as the board of directors finalizes its search for a permanent CEO. As previously announced on September 7, 2021, the board of directors launched a national search for a new CEO as the company further expands into the consumer packaged goods (CPG) sector.
12/20/21 10:55:00 AM ET
$RKDA
Farming/Seeds/Milling
Consumer Staples
Arcadia Biosciences (RKDA) Appoints Seasoned CPG Sales Executive Brian Schaffer to Senior Vice President of Sales
DAVIS, Calif., Nov. 22, 2021 /PRNewswire/ -- Arcadia Biosciences, Inc.® (NASDAQ:RKDA), a producer and marketer of innovative, plant-based health and wellness products, announced it has named Brian Schaffer as senior vice president of sales, as the company continues to expand its consumer goods platforms. A seasoned sales and general management executive with deep CPG experience, Schaffer has a proven track record of building and leading world class sales organizations. He is tasked with driving the retail launch of Arcadia's GoodWheat brand, a company priority in 2022 as it w
11/22/21 8:00:00 AM ET
$RKDA
Farming/Seeds/Milling
Consumer Staples

$RKDA
Press Releases

Fastest customizable press release news feed in the world

Arcadia Biosciences (RKDA) Announces Strong Third Quarter 2024 Financial Results and Business Highlights
– Total revenues increased 18% compared to Q3 2023 – – Zola® coconut water revenues grew 55% year over year – – Zola retail distribution expanded 68% vs. Q3 2023 – Arcadia Biosciences, Inc.® (NASDAQ:RKDA), a producer and marketer of innovative, plant-based health and wellness products, today released its financial and business results for the third quarter and first nine months of 2024. "We are extremely pleased with our third-quarter 2024 results, which represent the progress we have made in transforming Arcadia's business as well as our ability to execute on the plan we laid out," said T.J. Schaefer, Arcadia's president and CEO. "Our total revenues increased 18 percent year over y
11/12/24 4:05:00 PM ET
$RKDA
Farming/Seeds/Milling
Consumer Staples
Arcadia Biosciences (RKDA) Announces Date of Third Quarter 2024 Financial Results and Business Highlights Conference Call
Arcadia Biosciences, Inc.® (NASDAQ:RKDA), a producer and marketer of innovative, plant-based health and wellness products, today announced that it will release its financial and business results for the third quarter of 2024 after market close on November 12, 2024. The company has scheduled a conference call for 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss third-quarter results and key strategic achievements. Interested participants can join the conference call using the following options: An audio-only webcast of the conference call will be available, with a link posted in the Investors section of Arcadia's website. To join the live call, please register here, and a dia
10/29/24 8:30:00 AM ET
$RKDA
Farming/Seeds/Milling
Consumer Staples
Arcadia Biosciences (RKDA) Announces Second-Quarter and First-Half 2024 Financial Results and Business Highlights
-- Company closes $4M transaction with Corteva Agriscience -- -- Above Food Corp acquires GoodWheatTM brand -- -- Zola® coconut water sales increase 42% year over year -- Arcadia Biosciences, Inc.® (NASDAQ:RKDA), a producer and marketer of innovative, plant-based health and wellness products, today released its financial and business results for the second quarter and first half of 2024. "The second quarter of 2024 was a significant turning point for Arcadia as we transform the business and chart our path to becoming cash flow positive," said T.J. Schaefer, president and CEO. "We monetized our wheat IP through two transactions: selling our resistant starch wheat trait to a wholly ow
8/13/24 4:05:00 PM ET
$RKDA
Farming/Seeds/Milling
Consumer Staples

$RKDA
Financials

Live finance-specific insights

Arcadia Biosciences (RKDA) Announces Strong Third Quarter 2024 Financial Results and Business Highlights
– Total revenues increased 18% compared to Q3 2023 – – Zola® coconut water revenues grew 55% year over year – – Zola retail distribution expanded 68% vs. Q3 2023 – Arcadia Biosciences, Inc.® (NASDAQ:RKDA), a producer and marketer of innovative, plant-based health and wellness products, today released its financial and business results for the third quarter and first nine months of 2024. "We are extremely pleased with our third-quarter 2024 results, which represent the progress we have made in transforming Arcadia's business as well as our ability to execute on the plan we laid out," said T.J. Schaefer, Arcadia's president and CEO. "Our total revenues increased 18 percent year over y
11/12/24 4:05:00 PM ET
$RKDA
Farming/Seeds/Milling
Consumer Staples
Arcadia Biosciences (RKDA) Announces Date of Third Quarter 2024 Financial Results and Business Highlights Conference Call
Arcadia Biosciences, Inc.® (NASDAQ:RKDA), a producer and marketer of innovative, plant-based health and wellness products, today announced that it will release its financial and business results for the third quarter of 2024 after market close on November 12, 2024. The company has scheduled a conference call for 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss third-quarter results and key strategic achievements. Interested participants can join the conference call using the following options: An audio-only webcast of the conference call will be available, with a link posted in the Investors section of Arcadia's website. To join the live call, please register here, and a dia
10/29/24 8:30:00 AM ET
$RKDA
Farming/Seeds/Milling
Consumer Staples
Arcadia Biosciences (RKDA) Announces Second-Quarter and First-Half 2024 Financial Results and Business Highlights
-- Company closes $4M transaction with Corteva Agriscience -- -- Above Food Corp acquires GoodWheatTM brand -- -- Zola® coconut water sales increase 42% year over year -- Arcadia Biosciences, Inc.® (NASDAQ:RKDA), a producer and marketer of innovative, plant-based health and wellness products, today released its financial and business results for the second quarter and first half of 2024. "The second quarter of 2024 was a significant turning point for Arcadia as we transform the business and chart our path to becoming cash flow positive," said T.J. Schaefer, president and CEO. "We monetized our wheat IP through two transactions: selling our resistant starch wheat trait to a wholly ow
8/13/24 4:05:00 PM ET
$RKDA
Farming/Seeds/Milling
Consumer Staples

Arcadia Biosciences (RKDA) Announces Sale of GoodWheatTM to Above Food Corp for $4M

Chat with this insight

Recent Analyst Ratings for $RKDA

$RKDA Leadership Updates

Live Leadership Updates

Arcadia Biosciences (RKDA) Announces Leadership Transition

Arcadia Biosciences (RKDA) Appoints Kevin Comcowich to Interim CEO

Arcadia Biosciences (RKDA) Appoints Seasoned CPG Sales Executive Brian Schaffer to Senior Vice President of Sales

$RKDA Market Insights

Live Market Insights

Arcadia Biosciences Appoints Thomas Schaefer, Effective July 5, 2024; Succeeds Stan Jacot

On July 2, Arcadia Biosciences & Stanley Jacot, Jr. Entered Into Separation And Release Agreement Pursuant To Which Jacot Resigned As Co's CEO; Appointed Thomas J. Schaefer To Position Of President And CEO, Effective As Of July 5, 2024

HC Wainwright & Co. Maintains Buy on Arcadia Biosciences, Lowers Price Target to $6

$RKDA Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

SEC Form 4 filed by Director Yoder Amy

SEC Form 4 filed by Director Waller Gregory D

SEC Form 4 filed by Director Murray Lilian Shackelford

$RKDA SEC Filings

SEC Form 10-Q filed by Arcadia Biosciences Inc.

Arcadia Biosciences Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

Amendment: Arcadia Biosciences Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

$RKDA Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Chief Financial Officer Kawakami Mark bought $1,442 worth of shares (700 units at $2.06), increasing direct ownership by 55% to 1,981 units (SEC Form 4)

Chief Executive Officer Schaefer Thomas J. bought $1,442 worth of shares (700 units at $2.06), increasing direct ownership by 49% to 2,119 units (SEC Form 4)

Schaefer Thomas J. bought $1,442 worth of shares (700 units at $2.06), increasing direct ownership by 97% to 1,419 units (SEC Form 4)

$RKDA Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

HC Wainwright & Co. reiterated coverage on Arcadia Biosciences with a new price target

HC Wainwright & Co. reiterated coverage on Arcadia Biosciences with a new price target

Lake Street initiated coverage on Arcadia Biosciences with a new price target

$RKDA Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by Arcadia Biosciences Inc. (Amendment)

SEC Form SC 13G filed by Arcadia Biosciences Inc.

SEC Form SC 13G filed by Arcadia Biosciences Inc.

$RKDA Press Releases

Fastest customizable press release news feed in the world

Arcadia Biosciences (RKDA) Announces Strong Third Quarter 2024 Financial Results and Business Highlights

Arcadia Biosciences (RKDA) Announces Date of Third Quarter 2024 Financial Results and Business Highlights Conference Call

Arcadia Biosciences (RKDA) Announces Second-Quarter and First-Half 2024 Financial Results and Business Highlights

$RKDA Financials

Live finance-specific insights

Arcadia Biosciences (RKDA) Announces Strong Third Quarter 2024 Financial Results and Business Highlights

Arcadia Biosciences (RKDA) Announces Date of Third Quarter 2024 Financial Results and Business Highlights Conference Call

Arcadia Biosciences (RKDA) Announces Second-Quarter and First-Half 2024 Financial Results and Business Highlights

Recent Analyst Ratings for
$RKDA

$RKDA
Leadership Updates

$RKDA
Market Insights

$RKDA
Insider Trading

$RKDA
SEC Filings

$RKDA
Insider Purchases

$RKDA
Analyst Ratings

$RKDA
Large Ownership Changes

$RKDA
Press Releases

$RKDA
Financials