Sadot Group launches its North American Origination and Trading Operations
Sadot Canada expected to establish new products and markets for Sadot Group's trading arm with a focus on potentially higher margin categories such as pulses
Sadot Group launches its North American Origination and Trading Operations
Sadot Canada expected to establish new products and markets for Sadot Group's trading arm with a focus on potentially higher margin categories such as pulses
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SC 13D/A - Sadot Group Inc. (0001701756) (Subject)
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8-K - Sadot Group Inc. (0001701756) (Filer)
EFFECT - Sadot Group Inc. (0001701756) (Filer)
Record Quarterly Net Income of $2.4 millionFORT WORTH, TX / ACCESSWIRE / August 13, 2024 / Sadot Group Inc. (NASDAQ:SDOT) (the "Sadot Group" "Sadot" or the "Company"), an emerging player in the global food supply chain sector, today announced its financial results for the second quarter ended June 30, 2024.Second Quarter 2024 Financial HighlightsConsolidated revenues of $175.0 million, a 9% increase over the prior year periodNet income of $2.4 million compared to $0.2 million in the prior year period. This was the highest quarterly income in the Company's historyEBITDA of $3.2 million compared to $0.7 million of EBITDA in the prior year periodCash balance of $10.0 million, up from $1.4 milli
FORT WORTH, TX / ACCESSWIRE / August 7, 2024 / Sadot Group Inc. (NASDAQ:SDOT) (the "Sadot Group" or the "Company"), an emerging player in the global food supply chain sector, today announced that the Company plans to file its second quarter results ending, June 30, 2024, on Tuesday August 13th, 2024. Sadot Group will then follow up its SEC filing by hosting an associated conference call on Wednesday, August 14th, 2024, at 10:30 AM Eastern Daylight Time to discuss the results with its management team.Webcast DetailsDate: Wednesday August 14, 2024Time: 10:30 AM EST / 7:30 AM PSTTo register, please use the following link:https://audience.mysequire.com/webinar-view?webinar_id=30f0d4d8-1541-4f3b-
Reports Q1 2024 EBITDA of $0.5 millionFORT WORTH, TX / ACCESSWIRE / May 15, 2024 / Sadot Group Inc. (NASDAQ:SDOT) (the "Sadot Group" or the "Company"), an emerging player in the global food supply chain sector, today announced its first quarter results ending March 31, 2024. Chief Executive Officer Michael Roper and Chief Financial Officer Jennifer Black will host a conference call at 4:30 PM Eastern Daylight Time on Thursday, May 16, 2024, to discuss the results. All interested parties are invited to join this call. The Q1 2024 financial statements for the quarter ended March 31, 2024, are available on the Investors section of the Company's website, as well as on www.nasdaq.com.For the quar
4 - Sadot Group Inc. (0001701756) (Issuer)
4 - Sadot Group Inc. (0001701756) (Issuer)
4 - Sadot Group Inc. (0001701756) (Issuer)
Sadot Group launches its North American Origination and Trading OperationsSadot Canada expected to establish new products and markets for Sadot Group's trading arm with a focus on potentially higher margin categories such as pulses
As of June 21, 2024, three stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. Sadot Group Inc (NASDAQ:SDOT) On May 15, Sadot Group posted a first-quarter GAAP loss
Shares of Fluent Inc (NASDAQ:FLNT) fell sharply during Thursday's session after posting weaker-than-expected quarterly results. Fluent posted adjusted loss of 30 cents per share, versus market expectations for a loss of 10 cents per share. The company's quarterly sales came in at $65.983 million missing estimates of $66.433 million, according to data from Benzinga Pro. Fluent shares dipped 12.6% to $3.47 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Lucy Scientific Discovery Inc. (NASDAQ:LSDI) shares jumped 239% to $1.75. Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) jumped 100% to $0.1196 after jumping around 34% on Wednesday.
David Hanna and Jaime Rueda to Lead Sadot Canada's Operations and Trading ActivitiesSadot Canada aims to develop new products and markets, focusing on high-margin categories like pulses and specialized feed ingredientsFORT WORTH, TX / ACCESSWIRE / August 1, 2024 / Sadot Group Inc. (NASDAQ:SDOT) ("Sadot" or the "Company") today announced the appointment of David Hanna as Executive Vice President - General Manager and Jaime Rueda as Vice President - Head of Feed Ingredients for Sadot Canada Inc. ("Sadot Canada"), its newly established subsidiary.Michael Roper, CEO of Sadot, commented, "I am thrilled to welcome David and Jaime to the Sadot team. Their extensive experience and deep knowledge of
Sadot Group launches its North American Origination and Trading OperationsSadot Canada expected to establish new products and markets for Sadot Group's trading arm with a focus on potentially higher margin categories such as pulses FORT WORTH, TX / ACCESSWIRE / July 9, 2024 / Sadot Group Inc. (NASDAQ:SDOT) ("Sadot" or the "Company"), announced today the formation of its latest commodity trading arm, Sadot Canada Inc. ("Sadot Canada"). Sadot Canada, a wholly owned subsidiary of Sadot LLC based in Toronto, Canada will originate and trade Canadian grains, oilseeds and pulses to customers worldwide.Canada is one of the world's most important agri-commodity geographies, exporting over 75% of its
BURLESON, TX / ACCESSWIRE / November 4, 2024 / Sadot Group Inc. (NASDAQ:SDOT) ("Sadot Group", "Sadot" or the "Company"), an emerging player in the global food supply chain sector, today announced that the Company received notice from The Nasdaq Stock Market on November 1, 2024, indicating that Sadot had regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).To regain compliance with the NASDAQ Listing Rule, the Company's common stock was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days, which was achieved on October 31, 2024. Nasdaq has stated that this matter is now closed.Michael Roper, CEO o
BURLESON, TX / ACCESSWIRE / October 16, 2024 / Sadot Group Inc. (NASDAQ:SDOT) ("Sadot" or the "Company"), today announced that it will effect a 1-for-10 reverse stock split (the "Reverse Stock Split") of its common stock.The Reverse Stock Split will become effective at 12:01 a.m. Eastern Daylight Time on October 18, 2024. The common stock will continue to trade on The Nasdaq Capital Market under the symbol "SDOT" and will begin trading on a post-split basis when the market opens on October 18, 2024. The new CUSIP number for the common stock following the Reverse Stock Split will be 627333305.The Reverse Stock Split was approved by the Company's Board of Directors on September 25, 2024, and p
FORT WORTH, TX / ACCESSWIRE / September 12, 2024 / Sadot Group Inc. (NASDAQ:SDOT) ("Sadot" or the "Company"), an emerging player in the global food supply chain sector, today announced that its new Canadian subsidiary, Sadot Canada Inc., initiated its first trades, originating products from Canada and Brazil and selling to India, Algeria, Morocco and Canada."We reached another major milestone in the expansion of our global operation with the execution of our first trades originating from Sadot Canada," said Michael Roper, CEO of Sadot. "This is a core element of our growth strategy that further expands and diversifies the various commodities the company trades, including sesame seeds, red an