Meati Foods to Be Sold for $4M Amid Financial Crisis

Meati Foods, a mycelium protein company, is preparing for a sale valued at $4 million following a financial crisis that depleted its cash reserves. The sale aims to preserve operational value and maximize recovery for creditors, marking a significant decline from its previous $650 million valuation.

Original excerpt: Meati Foods is preparing for a sale worth $4M…

Source: Green Queen