US EditionMycelium Protein Firm Meati to Be Sold for $4M After Bank-Induced Crisis
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Mycelium Protein Firm Meati to Be Sold for $4M After Bank-Induced Crisis
4 Mins Read Embattled alternative protein firm Meati Foods is set to sell for just $4M after an unprecedented financial crisis that turned the business on its head. Two months after a bank swept most of its cash reserves in an unexpected move, Colorado-based mycelium meat maker Meati Foods is preparing for a sale worth $4M. The deal was disclosed in filings to the Adams County District Court on May 2, with CEO Phil Graves assigning the firm’s as…
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