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NBEV - NewAge Inc
$2.89
0.26(9.89%)9:00:00 PM 3/1/2021
New Age Beverages Corporation develops, markets, sells, and distributes healthy liquid dietary supplements and ready-to-drink (RTD) beverages. The company offers RTD tea, coffee, kombucha, energy drinks, relaxation drinks, coconut waters, functional waters, and rehydration beverages, as well as functional medical beverages. It provides its products under the Xing Tea, Marley, Búcha Live Kombucha, Coco-Libre, Evian, Volvic, Tahitian Noni Juice, TruAge, Aspen Pure, PediaAde, Coco Libre, BioShield, and NHANCED brands. The company sells its products across 50 states in the United States; and approximately 60 countries internationally through direct-store-delivery systems, brokers and distributors, warehouses, independent product consultants, and e-commerce sites, as well as through grocery retail, natural food retail, specialty outlets, hypermarkets, club stores, pharmacies, convenience stores, gas stations, and individual independent distributors. New Age Beverages Corporation was founded in 2010 and is headquartered in Denver, Colorado.
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    02/16/2021NBEV
    NewAge Announces $58 Million Private Placement

    DENVER, Feb. 16, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based social selling and distribution company with a global network of independent brand partners and distributors today announced that it has entered into a definitive agreement with investors to purchase 14.6 million shares of common stock in a private placement priced at-the-market under Nasdaq rules. The purchase price for the shares of common stock is $3.96. The gross proceeds from the private placement are ...

    02/16/2021NBEV
    NewAge Announces Preliminary Q4 2020 Results

    - $90MM range of expected revenue reflective of accelerated growth- Merger with ARIIX successfully on track, financial benefits accruing DENVER, Feb. 16, 2021 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based healthy products company intending to become the world’s leading social selling and distribution company today announced that it anticipates net revenue for the fourth quarter of 2020 to be in the $90 million dollar range, Gross Margin in the 64% – 68% range, with EBITDA t...

    12/11/2020NBEV
    This Just In: Analysts Are Boosting Their NewAge, Inc. (NASDAQ:NBEV) Outlook for Next Year

    NewAge, Inc. ( NASDAQ:NBEV ) shareholders will have a reason to smile today, with the analysts making substantial...

    12/1/2020NBEV
    NewAge Upgrades Financial Flexibility With the Addition of a New $30 Million Debt Facility

    Total unrestricted cash balance now in excess of $50MMDENVER, Dec. 01, 2020 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based social selling and distribution company with a network of independent business owners across 75 countries worldwide, today announced that it will close a new debt facility for a total of $30 million, increasing its unrestricted cash balance to more than $50 million. The new two-year debt facility with funds and accounts managed by JGB Management, Inc. (...

    12/1/2020NBEV
    Do Hedge Funds Love NewAge, Inc. (NBEV)?

    In this article we will analyze whether NewAge, Inc. (NASDAQ:NBEV) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their lead into […]

    11/19/2020NBEV
    Dr. Fred W. Cooper Joins Board of Directors of NewAge, Inc.

    DENVER, Nov. 19, 2020 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based social selling and distribution company with a network of independent business owners across 75 countries worldwide, today announced that it has appointed Dr. Fred W. Cooper, Ph.D., as a member of its board of directors, effective November 16, 2020. Dr. Cooper brings more than 25 years of e-commerce and direct selling experience and was a Founder and the Chief Executive Officer of ARIIX prior to completing...

    11/16/2020NBEV
    NewAge and ARIIX Close Merger

    Combined company exceeds $500 million in expected annualized net revenue Enhanced profitability expected to materialize immediately >$20 million of anticipated annualized synergies from mergerDENVER, Nov. 16, 2020 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based social selling and distribution company with a network of independent business owners across 75 countries worldwide, today announced that it has finalized and closed the merger agreement for the acquisition of ARIIX....