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CULT Food Science Concludes Debt Settlement Agreement
June 7, 2025 — NewsWall — CULT Food Science Corp. has finalized a debt settlement agreement to resolve outstanding debts of $12,238.10 with an arm’s-length creditor. The company issued 509,920 shares at $0.024 per share, subject to a four-month hold period.
The board determined that completing the debt settlement is in the company's best interest, preserving cash for working capital.
CULT Food Science is an investment platform focused on lab-grown meat and cellular agriculture commercialization. Its investments may include equity, debt, securities, royalties, and business acquisitions to enhance shareholder value.
Mitchell Scott, Chief Executive Officer
Tel: + 1 (888) 733 - 8581
Email: IR@CULTFoodScience.com
Source: CULT Food Science