Corporate Update – Mama’s Creations Inc. (NASDAQ: MAMA)

Recent Strategic Activities

Acquisition of Crown I Enterprises

On 2 September 2025, Mama’s Creations announced the purchase of Crown I Enterprises from Sysco Corporation for $17.5 million in cash. The transaction represents a revenue multiple of 0.3×, reflecting Crown’s $56 million of profitable revenue in FY25. The acquisition will expand Mama’s sales base by nearly 40 % and add a 42,000‑square‑foot USDA‑certified facility located in Bay Shore, New York, together with approximately 200 employees.

Funding for the acquisition will be supplied through:

• A $27.4 million credit facility arranged with M&T Bank, and
• A $20 million private placement priced at $7.50 per share.

The company has also previewed its FY26 Q2 financial outlook, projecting revenue growth of at least 20 % to $34.0 million and a net income of at least $1.2 million.

Attendance at Industry Conference

Mama’s Creations confirmed that it will attend Lake Street’s Best Ideas Growth Conference on 11 September 2025. The event will provide an opportunity for the company to present its strategic direction and engage with investors and industry partners.

Financial Snapshot (as of 2 September 2025)

Mama’s Creations operates within the Consumer Staples sector, specifically the Food Products industry. Its product portfolio includes pre‑prepared and frozen items such as salads and soups, distributed through supermarkets and mass‑market retailers in the United States.

The company’s recent acquisition and conference participation signal a focus on expanding its manufacturing footprint and enhancing sales momentum in the coming fiscal year.