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Conference/Events
Andina Acquisition management to meet virtually with Craig Hallum » 04:55
04/23/21
04/23
04:55
04/23/21
04:55
ANDA

Andina Acquisition

$10.29 /

-0.01 (-0.10%)

Virtual Meeting to be…

Virtual Meeting to be held on April 23 hosted by Craig Hallum.

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ANDA Andina Acquisition
$10.29 /

-0.01 (-0.10%)

ANDA Andina Acquisition
$10.29 /

-0.01 (-0.10%)

10/28/20 BofA
Andina Acquisition upgraded to Buy from Neutral at BofA
Conference/Events
Andina Acquisition management to meet virtually with Craig Hallum » 10:10
04/22/21
04/22
10:10
04/22/21
10:10
ANDA

Andina Acquisition

$10.29 /

-0.01 (-0.10%)

Virtual Meeting to be…

Virtual Meeting to be held on April 23 hosted by Craig Hallum.

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ANDA Andina Acquisition
$10.29 /

-0.01 (-0.10%)

ANDA Andina Acquisition
$10.29 /

-0.01 (-0.10%)

10/28/20 BofA
Andina Acquisition upgraded to Buy from Neutral at BofA
Hot Stocks
Stryve Foods secures expanded retail distribution across new channels » 08:13
04/15/21
04/15
08:13
04/15/21
08:13
ANDA

Andina Acquisition

$10.22 /

-0.02 (-0.20%)

, TGT

Target

$205.66 /

+0.7 (+0.34%)

, DG

Dollar General

$213.64 /

+1.64 (+0.77%)

, COST

Costco

$363.11 /

-2.14 (-0.59%)

Stryve Foods announced…

Stryve Foods announced that a series of new retail locations are expected to begin carrying its products in the second quarter of 2021, bringing the total number of stores carrying Stryve brands to approximately 25,000 stores. The following retailers are expected to begin carrying Stryve products during the second quarter of 2021: Target (TGT) - Expected to begin carrying Stryve Biltong in select stores in April 2021; Wawa - Expected to begin carrying Stryve Biltong chain wide in their convenience stores in May 2021; Dollar General (DG) - Expected to begin carrying Vacadillos, Stryve's Carne Seca brand, in 3,000 stores in May 2021 In addition, in the third quarter of 2021, Costco (COST) is expected to begin carrying Stryve products in select warehouses. On January 28, 2021, Stryve and Andina Acquisition Corp. III (ANDA), a publicly-traded special purpose acquisition company, executed a definitive agreement for a proposed business combination. Upon closing of the transaction, Andina will become the parent of Stryve and will be renamed Stryve Foods, Inc. The combined company is expected to remain listed on the NASDAQ under the ticker symbol "SNAX".

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TGT Target
$205.66 /

+0.7 (+0.34%)

DG Dollar General
$213.64 /

+1.64 (+0.77%)

COST Costco
$363.11 /

-2.14 (-0.59%)

ANDA Andina Acquisition
$10.22 /

-0.02 (-0.20%)

ANDA Andina Acquisition
$10.22 /

-0.02 (-0.20%)

10/28/20 BofA
Andina Acquisition upgraded to Buy from Neutral at BofA
TGT Target
$205.66 /

+0.7 (+0.34%)

03/31/21 Guggenheim
Target price target raised to $225 from $200 at Guggenheim
03/30/21 Stifel
Target price target raised to $230 from $220 at Stifel
03/16/21 MKM Partners
Target price target raised to $170 from $156 at MKM Partners
03/08/21
Fly Intel: Top five analyst upgrades
DG Dollar General
$213.64 /

+1.64 (+0.77%)

04/12/21 UBS
Dollar General price target raised to $240 from $235 at UBS
03/24/21 JPMorgan
Dollar General price target raised to $250 from $224 at JPMorgan
03/22/21
Fly Intel: Top five analyst upgrades
03/22/21 Evercore ISI
Dollar General upgraded to Outperform at Evercore ISI following underperformance
COST Costco
$363.11 /

-2.14 (-0.59%)

04/08/21 DA Davidson
Costco March sales data 'very strong', says DA Davidson
04/08/21 Oppenheimer
Costco price target raised to $400 from $370 at Oppenheimer
04/08/21 Wells Fargo
Costco price target raised to $400 from $370 at Wells Fargo
04/08/21 Stifel
Costco price target raised to $385 from $370 at Stifel
TGT Target
$205.66 /

+0.7 (+0.34%)

DG Dollar General
$213.64 /

+1.64 (+0.77%)

COST Costco
$363.11 /

-2.14 (-0.59%)

TGT Target
$205.66 /

+0.7 (+0.34%)

COST Costco
$363.11 /

-2.14 (-0.59%)

TGT Target
$205.66 /

+0.7 (+0.34%)

DG Dollar General
$213.64 /

+1.64 (+0.77%)

COST Costco
$363.11 /

-2.14 (-0.59%)

TGT Target
$205.66 /

+0.7 (+0.34%)

DG Dollar General
$213.64 /

+1.64 (+0.77%)

COST Costco
$363.11 /

-2.14 (-0.59%)

Over a month ago
Hot Stocks
Stryve Foods completes integration of Kalahari Snacks » 07:20
02/17/21
02/17
07:20
02/17/21
07:20
ANDA

Andina Acquisition

$11.43 /

-0.27 (-2.31%)

Stryve Foods has…

Stryve Foods has integrated the #2 biltong brand in the U.S., Kalahari Snacks, which it purchased in mid-December 2020. Inclusive of the Kalahari Snacks acquisition and following a year of significant growth for Stryve, the Company is now the largest supplier of air-dried meat in the United States with 85% market share according to SPINS for the 52-week period ending January 24, 2021. This news follows the late January announcement that Stryve and Andina Acquisition Corp. III, a publicly traded special purpose acquisition company, reached a definitive agreement for a business combination that would result in Stryve becoming a public company. Upon closing of the transaction, which is expected in the second quarter of 2021, the combined company will be renamed Stryve Foods, Inc. and would remain listed on the NASDAQ under the ticker SNAX.

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ANDA Andina Acquisition
$11.43 /

-0.27 (-2.31%)

ANDA Andina Acquisition
$11.43 /

-0.27 (-2.31%)

10/28/20 BofA
Andina Acquisition upgraded to Buy from Neutral at BofA
Over a quarter ago
Hot Stocks
Andina Acquisition Corporation III trading resumes  07:30
01/28/21
01/28
07:30
01/28/21
07:30
ANDA

Andina Acquisition

$11.10 /

-0.4 (-3.48%)

 
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ANDA Andina Acquisition
$11.10 /

-0.4 (-3.48%)

ANDA Andina Acquisition
$11.10 /

-0.4 (-3.48%)

10/28/20 BofA
Andina Acquisition upgraded to Buy from Neutral at BofA
Hot Stocks
Stryve Foods to list on Nasdaq through Andina Acquisition business combination » 07:18
01/28/21
01/28
07:18
01/28/21
07:18
ANDA

Andina Acquisition

$11.10 /

-0.4 (-3.48%)

Stryve Foods and Andina…

Stryve Foods and Andina Acquisition Corp. III announced a definitive agreement for a business combination that would result in Stryve becoming a public company. Upon closing of the transaction, the combined company will be renamed Stryve Foods, Inc. and is expected to remain listed on the NASDAQ under the ticker SNAX. In connection with the business combination announcement, the companies executed definitive agreements with institutional investors for an oversubscribed common stock PIPE of $42.5M at $10.00 per share. Stryve simultaneously has secured a $10.6 million bridge note offering with accredited and institutional investors with funds being made available immediately for general working capital purposes. The bridge note offering will convert into common stock immediately prior to the business combination closing. Stryve Investment Highlights: Emerging healthy snacking platform. Stryve is aligned with a consumer shift in snacking toward better-for-you products as it focuses on manufacturing and marketing highly differentiated healthy snacks that disrupt traditional snacking categories. Attractive financial profile with strong growth potential for gross revenue, gross margin, and adjusted EBITDA. Unique manufacturing capabilities. According to Stryve Chairman and Co-Founder Ted Casey, Stryve's manufacturing facility is the largest USDA approved air-dried meat manufacturing facility in America and USDA approval requirements create a high barrier to entry. The Company's current infrastructure can support a $200+ million revenue business with limited additional capital expenditures. Large and growing distribution footprint. Stryve currently utilizes 10+ unique sale channels and 70,000+ total points of distribution across a strong retail footprint. Stryve intends to increase penetration in existing channels while expanding SKUs on shelf. Seasoned management team with 50 years of combined CPG experience. Collectively, the Company's leadership has deep experience in growing profitable businesses across many segments leading to attractive returns for investors in those businesses.Attractive valuation. Based on 2021 and 2022 projections, the parties believe the business combination is attractively valued. The transaction will be funded by a combination of Andina's cash held in its trust account, a full equity roll-over from existing Stryve ownership, and proceeds from a private placement of $42.5 million of common stock at $10.00 per share that will close concurrently with the business combination. In connection with the business combination, Stryve raised $10.6 million through the sale of unsecured convertible bridge notes that will be funded immediately and will convert into equity of the combined company at the closing of the business combination. The transaction implies a post-money enterprise valuation for the combined company of approximately $170 million at closing, or 3.7x/1.8x projected 2021/2022 estimated revenue. It is anticipated that the combined company will have $58 million of net cash proceeds. In the business combination, Andina will re-domesticate from the Cayman Islands and become a Delaware corporation and change its name to "Stryve Foods, Inc.", and acquire Stryve's business in an "Up-C structure" based on a pre-money enterprise value of Stryve of $130 million. The board of directors of Andina and Stryve's board of managers have approved the transaction. The transaction will require the approval of the stockholders of Andina, and is subject to other customary closing conditions. The transaction is expected to close in the second quarter of 2021. The combined company will continue to be led by Joe Oblas, Co-Founder & Co-CEO, Jaxie Alt, Co-CEO & Chief Marketing Officer and their executive leadership team including Alex Hawkins, Chief Operating Officer, and Bruce Boettner, Chief Sales Officer.

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ANDA Andina Acquisition
$11.10 /

-0.4 (-3.48%)

ANDA Andina Acquisition
$11.10 /

-0.4 (-3.48%)

10/28/20 BofA
Andina Acquisition upgraded to Buy from Neutral at BofA
Hot Stocks
Andina Acquisition Corporation III trading halted, news pending  06:55
01/28/21
01/28
06:55
01/28/21
06:55
ANDA

Andina Acquisition

$11.10 /

-0.4 (-3.48%)

 
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ANDA Andina Acquisition
$11.10 /

-0.4 (-3.48%)

ANDA Andina Acquisition
$11.10 /

-0.4 (-3.48%)

10/28/20 BofA
Andina Acquisition upgraded to Buy from Neutral at BofA
Hot Stocks
Andina Acquisition, Emmac Life Sciences terminate combination talks » 10:50
11/04/20
11/04
10:50
11/04/20
10:50
ANDA

Andina Acquisition

$10.05 /

-0.01 (-0.10%)

Andina Acquisition Corp.…

Andina Acquisition Corp. III and Emmac Life Sciences announce that they have mutually terminated negotiations regarding the proposed business combination between the parties, pursuant to which Emmac was expected to become a publicly traded company on the Nasdaq. Andina and Emmac previously announced that they had signed a non-binding letter of intent relating to the proposed business combination on July 22. "Despite significant efforts by all parties involved and progress towards the completion, particularly against the challenging global economic conditions, it was not possible to finalize the negotiations to the satisfaction of both parties," the companies said in a statement.

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ANDA Andina Acquisition
$10.05 /

-0.01 (-0.10%)

ANDA Andina Acquisition
$10.05 /

-0.01 (-0.10%)

10/28/20 BofA
Andina Acquisition upgraded to Buy from Neutral at BofA
Upgrade
Andina Acquisition upgraded to Buy from Neutral at BofA » 07:13
10/28/20
10/28
07:13
10/28/20
07:13
ANDA

Andina Acquisition

$10.11 /

+ (+0.00%)

BofA upgraded Andina…

BofA upgraded Andina Acquisition to Buy from Neutral with a $17 price target.

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ANDA Andina Acquisition
$10.11 /

+ (+0.00%)

Hot Stocks
Andina Acquisition, EMMAC provide update on status toward signing agreement » 11:36
10/26/20
10/26
11:36
10/26/20
11:36
ANDA

Andina Acquisition

$10.22 /

+ (+0.00%)

Andina Acquisition Corp.…

Andina Acquisition Corp. and EMMAC Life Sciences Limited jointly provided an update regarding their continued progress towards signing a business combination agreement, pursuant to which EMMAC is anticipated to become a publicly traded company on the NASDAQ Stock Market with EMMAC's shareholders receiving equity in the combined public company in exchange for their equity in EMMAC. As consideration for the transaction, it is anticipated that the current EMMAC shareholders would collectively own a majority of the equity of the combined public company. Andina and EMMAC previously announced that they had signed a non-binding letter of intent relating to a business combination on July 22, 2020. The companies anticipate being able to announce progress towards the execution of a business combination agreement in the near term. In the interim, EMMAC continues to receive support from its shareholders, among them leading institutional investors, allowing it to continue its investment in its business and maintain its growth trajectory. Any transaction would be subject to the approval of the board of directors and shareholders of each of Andina and EMMAC, as well as other customary conditions. Luke Weil, Executive Chairman of Andina, and Julio A. Torres, CEO of Andina, said, "We remain confident that EMMAC is an attractive investment opportunity and would be a tremendous merger partner for Andina. We therefore look forward to providing additional information regarding the status of the proposed transaction soon. EMMAC continues to invest in its business to cement its position in Europe, and the recent operational progress of EMMAC gives us great confidence that it can deliver significant value for shareholders in 2021."

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ANDA Andina Acquisition
$10.22 /

+ (+0.00%)

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