Smart for Life Announces 1-for-7 Reverse Stock Split

April 18, 2024

https://www.globenewswire.com/news-release/2024/04/18/2865654/0/en/Smart-for-Life-Announces-1-for-7-Reverse-Stock-Split.html

MIAMI, April 18, 2024 (GLOBE NEWSWIRE) — Smart for Life, Inc. (Nasdaq:SMFL) (“Smart for Life” or the “Company”), a leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, announced that it will effect a 1-for-7 reverse stock split (“reverse split”) of its common stock, par value $0.0001 per share (“common stock”) and its authorized stock, that will become effective on April 22, 2024. Smart for Life’s common stock will continue to trade on The Nasdaq Capital Market (“Nasdaq”) under the symbol “SMFL” and will begin trading on a split-adjusted basis when the market opens on April 22, 2024. The new CUSIP number for the Common Stock following the reverse split will be 83204U608.

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