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Press Release

Smart for Life Inaugurates High Level Advisory Board

Smart for Life Inaugurates High Level Advisory Board 1920 1080 Smart for Life, Inc.

Advisory Board to Serve as “Brain Trust” for the Company

Miami, FL – August 2, 2023 – Globe Newswire – Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, announced today that it has formed a high-level advisory board to advance the commercial roll-out of its growing portfolio of health and wellness products. Sarah A. Sporn, Ph.D., has been named Chairwoman.

The board’s responsibilities will include input to the Smart for Life Board of Directors and senior management of the Company on product development and testing, brand marketing, corporate restructuring, advising on prospective M&A transactions, networking and corporate messaging.

Sarah Sporn, Ph.D., will serve as the Chairwoman of Smart for Life’s advisory board. Dr. Sporn is a scientist with a Doctorate in Microbiology and Immunology and a Bachelor of Science degree in Microbiology. Her accomplishments in biotechnology include R&D, operations and project management, as well as serving as director of a biological reagent laboratory providing high-quality biological and biochemical extracts and purified products to pharmaceutical companies. In addition, Dr. Sporn is a skilled writer, having published numerous scientific research articles and submitted successful grant proposals, having been issued a U.S. patent (co-inventor), as well as having presented at national and international scientific conferences.

Additional advisory board members include:

  • Barry T. Cervantes, retired insurance industry principal, Certified Life Coach and experienced board director;
  • Philip C. Meade, CPA, managing CPA partner of Bisselle Meade & Company LLP;
  • Ryan S. Hazel, M.S., Global Chief Engineer at Ford Motor Company;
  • Thomas Calkins, insurance executive and real estate developer;
  • Steven R. Straub, financier and investor;
  • Richard Cohen, investor, experienced board director, advisor, former CPA

“Formation of this advisory board is an important milestone for Smart for Life,” said Darren Minton, CEO for the Company. “We have enlisted a highly competent group of industry leaders with exceptionally diversified backgrounds, all of whom have been quite successful in their respective fields. Their backgrounds range from a doctorate in microbiology and immunology to a certified life coach, from a successful insurance executive to a global chief engineer at a top automotive company.”

A.J. Cervantes, Executive Chairman of the Company, further noted, “This advisory board is a compilation of renowned executives that will act as a sounding board and support strategic initiatives aimed at rapidly scaling businesses. A well-structured advisory board with best practice principles allows people in the organization to test their strategic thinking and access expertise or connections that may not be readily available via other means.”

Mr. Minton concluded, “The purpose of most advisory boards is to help an organization gain new insights and advice to solve business problems or explore new opportunities by stimulating robust, high-quality conversations. The role of an advisory board is not to make decisions, but rather to provide current knowledge, critical thinking and analysis to increase the confidence of the decision-makers who represent the company. We look forward to working closely with the advisory board to further advance our Company.”

About Smart for Life, Inc.
Smart for Life, Inc. (Nasdaq: SMFL) is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on health and wellness. Structured as a publicly held global holding company, the Company is executing a Buy-and-Build strategy with serial accretive acquisitions creating a vertically integrated company with an objective of aggregating companies generating a minimum of $300 million in revenues by the fourth quarter of 2026. To drive growth and earnings, Smart for Life is developing proprietary products as well as acquiring other profitable companies, encompassing brands, manufacturing and distribution channels. The Company currently operates five subsidiaries including Doctors Scientific Organica, Nexus Offers, Bonne Santé Natural Manufacturing, GSP Nutrition and Ceautamed Worldwide. For more information about Smart for Life, please visit: www.smartforlifecorp.com.

Video regarding the Company’s manufacturing facility at Bonne Santé Natural Manufacturing is available at: www.bonnesantemanufacturing.com/video.

Investor material and a Fact Sheet with additional information about Smart for Life is available at: www.smartforlifecorp.com/investor-center.

Forward-Looking Statements
This press release may contain information about our views of future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations of Smart for Life’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although Smart for Life believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Smart for Life does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. No assurances can be made that Smart for Life will successfully acquire its acquisition targets. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause Smart for Life’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our filings with the Securities and Exchange Commission.

Disclaimer
The information provided in this press release is intended for general knowledge only and is not a substitute for professional medical advice or treatment for specific medical conditions. Always seek the advice of your physician or other qualified health care provider with any questions you may have regarding a medical condition. This information is not intended to diagnose, treat, cure or prevent any disease.

Investor Relations Contact
Crescendo Communications, LLC
Tel: (212) 671-1021
SMFL@crescendo-ir.com

Smart for Life Announces 1-for-3 Reverse Stock Split

Smart for Life Announces 1-for-3 Reverse Stock Split 1920 1080 Smart for Life, Inc.

Company’s Stock Split Maintains Nasdaq Compliance as the Company Prepares for Next Generation of Its Acquisition Financings

Miami, FL – August 1, 2023 – Globe Newswire – Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, announced that it will effect a 1-for-3 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 August 2, 2023. 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 August 2, 2023. The new CUSIP number for the Common Stock following the reverse split will be 83204U400.

Among other considerations, the reverse split is intended to maintain the Company’s compliance with the minimum bid price requirement for maintaining the listing of its common stock on the NASDAQ Capital Market and to make the bid price more attractive to investors. In addition, the split is part of a larger strategic plan to support future acquisition financings, including multiple accretive acquisitions currently and prospectively in the Company’s pipeline.

“We have undergone a significant transformation of the Company, which we believe has set the stage for sustainable organic growth and positions us to execute on additional, highly accretive acquisitions,” stated Darren Minton, Smart for Life’s Chief Executive Officer. “Nevertheless, the overall capital markets remain challenging, and we believe this reverse split will allow us to maintain Nasdaq compliance, tighten the public float in our stock, and attract a broader universe of investors. Overall, we are highly encouraged by the outlook for the business and remain steadfast in achieving our near-term goal of $100 million in annualized revenues, as well as sustained profitability.”

About Smart for Life, Inc.
Smart for Life, Inc. (Nasdaq: SMFL) is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on health and wellness. Structured as a publicly held global holding company, the Company is executing a Buy-and-Build strategy with serial accretive acquisitions creating a vertically integrated company with an objective of aggregating companies generating a minimum of $300 million in revenues by the fourth quarter of 2026. To drive growth and earnings, Smart for Life is developing proprietary products as well as acquiring other profitable companies, encompassing brands, manufacturing and distribution channels. The Company currently operates five subsidiaries including Doctors Scientific Organica, Nexus Offers, Bonne Santé Natural Manufacturing, GSP Nutrition and Ceautamed Worldwide. For more information about Smart for Life, please visit: www.smartforlifecorp.com.

Video regarding the Company’s manufacturing facility at Bonne Santé Natural Manufacturing is available at: www.bonnesantemanufacturing.com/video.

Investor material and a Fact Sheet with additional information about Smart for Life is available at: www.smartforlifecorp.com/investor-center.

Forward-Looking Statements
This press release may contain information about our views of future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations of Smart for Life’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although Smart for Life believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Smart for Life does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. No assurances can be made that Smart for Life will successfully acquire its acquisition targets. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause Smart for Life’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our filings with the Securities and Exchange Commission.

Investor Relations Contact
Crescendo Communications, LLC
Tel: (212) 671-1021
SMFL@crescendo-ir.com

Smart for Life Announces Greens First Product Line Now Available on Kroger’s Vitacost.com

Smart for Life Announces Greens First Product Line Now Available on Kroger’s Vitacost.com 1920 1080 Smart for Life, Inc.

Vitacost.com, Owned by The Kroger Co., Added 19 Greens First Products to its Online Platform

Miami, FL – July 28, 2023 – Globe Newswire – Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, today announced that its wholly owned subsidiary Ceautamed Worldwide LLC, has expanded their distribution with Vitacost.com, a leading online retailer of health and wellness products and wholly owned subsidiary of The Kroger Co.

Vitacost.com is distributing the Company’s proprietary Greens First products on its online platform. Vitacost.com health and wellness products include dietary supplements such as vitamins, minerals, herbs and other botanicals, amino acids and metabolites, as well as cosmetics, organic body and personal care products, pet products, sports nutrition and health foods. In August 2014, Vitacost.com, Inc. completed its merger with The Kroger Co. Vitacost.com, Inc. now operates as a wholly owned subsidiary of The Kroger Co.

“We are excited for our additional Greens First products that have been selected by Vitacost.com and will be featured on their online storefront,” stated Darren Minton, Chief Executive Officer of Smart for Life. “Vitacost.com has been in business for over 25 years and is a leading online retailer of health and wellness products, including dietary supplements. We are focused on accelerating our omnichannel sales distribution strategy and we expect continued growth in health and wellness stores and traditional big-box retailers, such as Kroger, in addition to our e-commerce strategy.”

Ryan Benson, Ceautamed’s CEO, remarked, “We are pleased to add another 19 products under the Greens First line to Vitacost.com. Greens First products are specifically designed to help support proper pH balance, provide essential antioxidants, phytonutrients, superfoods, and so much more. It’s all about providing your body with the highest quality, nutrient-dense products that are convenient and easy to use to help you stay healthy, active, and energetic. Our products help to balance, support, and nourish your whole body. Most importantly, you get all these health benefits with the added benefit of great taste. I encourage anyone interested to visit Vitacost.com and test our products for yourselves.”

About Vitacost.com
Vitacost.com, Inc. is an online retailer of health and wellness products, providing an award-winning experience to customers through its website, www.vitacost.com. Vitacost.com features affordable pricing up to 50% off retail and speedy delivery on nearly 40,000 items, including dietary supplements (vitamins, minerals and herbs), hard-to-find specialty foods, organic body and personal care products, pet essentials and sports nutrition products. In addition, Vitacost.com strives to motivate, educate and inspire healthier living for customers by creating and curating thousands of helpful tips, expert articles and recipes woven throughout the shopping experience. Vitacost.com is a subsidiary of The Kroger Co.

About Smart for Life, Inc.
Smart for Life, Inc. (Nasdaq: SMFL) is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on health and wellness. Structured as a publicly held global holding company, the Company is executing a Buy-and-Build strategy with serial accretive acquisitions creating a vertically integrated company with an objective of aggregating companies generating a minimum of $300 million in revenues by the fourth quarter of 2026. To drive growth and earnings, Smart for Life is developing proprietary products as well as acquiring other profitable companies, encompassing brands, manufacturing and distribution channels. The Company currently operates five subsidiaries including Doctors Scientific Organica, Nexus Offers, Bonne Santé Natural Manufacturing, GSP Nutrition/Sports Illustrated Nutrition and Ceautamed Worldwide/Greens First. For more information about Smart for Life, please visit: www.smartforlifecorp.com.

Video regarding the Company’s manufacturing facility at Bonne Santé Natural Manufacturing is available at: www.bonnesantemanufacturing.com/video.

Investor material and a Fact Sheet with additional information about Smart for Life is available at: www.smartforlifecorp.com/investor-center.

About Sports Illustrated
Sports Illustrated (SI) is an unparalleled and influential leader recognized for shaping modern culture and uniting athletes, teams and fans worldwide. At the intersection of sports, lifestyle and entertainment, Sports Illustrated is a 360-degree enterprise that delivers immersive content, innovative digital experiences, unforgettable events, and original products. Its award-winning media arm brings powerful storytelling to life through probing profiles and up-to-date news on SI.com, across social media platforms and through the monthly print magazine. The most trusted name in sports transcends media through SI Tickets, a fan-first ticketing platform, SI Sportsbook, a digital sports betting platform, SI Studios, the brand’s home for film, TV, and long form audio content. SI brings its unique and authentic perspective to marquee events and captivating brand activations including The Sportsperson of the Year Awards, “The Party”, SI Swimsuit Launch Weekend and the SI Circuit Series. For more information, visit SI.com. Follow Sports Illustrated on Twitter, Instagram, Tik Tok and Facebook.

Forward-Looking Statements
This press release may contain information about our views of future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations of Smart for Life’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although Smart for Life believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Smart for Life does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. No assurances can be made that Smart for Life will successfully acquire its acquisition targets. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause Smart for Life’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our filings with the Securities and Exchange Commission.

Investor Relations Contact
Crescendo Communications, LLC
Tel: (212) 671-1021
SMFL@crescendo-ir.com

Smart for Life Executes Broad Agreement with Boxout Health for Nationwide Distribution of Sports Illustrated Nutrition Line

Smart for Life Executes Broad Agreement with Boxout Health for Nationwide Distribution of Sports Illustrated Nutrition Line 1920 1080 Smart for Life, Inc.

Sports Illustrated Nutrition Products to Be Distributed through Extensive Retail Network Including Top Fitness Chains Equinox, YMCA and LA Fitness

Miami, FL – July 27, 2023 – Globe Newswire – Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, today announced that it has entered into a distribution agreement with Boxout, a national distributor of medical, rehabilitation, and health & wellness products, for nationwide distribution of the Company’s proprietary Sports Illustrated Nutrition products through Boxout’s distribution channels to sports and fitness chains across North America.

Smart for Life acquired GSP Nutrition Inc. (“GSP”) in December 2021. GSP, a sports nutrition company, secured the license to manufacture and distribute nutritional supplements for athletes and active lifestyle consumers under the Sports Illustrated Nutrition brand in 2020. The Sports Illustrated Nutrition product line currently consists of whey protein powder, joint health, pre-workout and post-workout blends, omega-3 supplements, and Sports Illustrated protein bars.

“Smart for Life is excited to announce our agreement with Boxout for the distribution of Sports Illustrated Nutrition products in gyms and spas across the United States,” stated Darren Minton, Chief Executive Officer of Smart for Life. “Boxout works with over 1,300 leading brands and we are thrilled to partner with them to include Sport Illustrated Nutrition in their distribution offering. More specifically, we will be distributing the Sports Illustrated Nutrition products through Boxout’s Elivate division, which focuses on the industry’s leading fitness clubs and gyms, serving locations nationwide.”

“Our relationship with Boxout expanded when Ceautamed Worldwide was acquired by Smart for Life last year,” said Ryan Benson, Ceautamed’s CEO. “Ceautamed’s Greens First product line was the only nutritional brand at Smart for Life that had an exclusive relationship with Boxout and now we are proud to say that Sports Illustrated Nutrition will be their second. We look forward to working with Boxout and leveraging their broad distribution network.”

“Working with Smart for Life has been a pleasure and we look forward to launching the Sports Illustrated product line in sports and fitness chains across North America,” said Steven Copperman, Boxout’s Vice President. “We have been impressed with the entire line of Sports Illustrated Nutrition products and believe they will see considerable demand through our broad distribution network. The feedback on the taste profile of the Sports Illustrated protein bars in particular have been a home run.”

To learn more about the Sports Illustrated Nutrition line of vitamins, supplements and protein bars, please visit: www.sportsillustratednutrition.com.

About BOXOUT®
Boxout is a national distributor of chiropractic, physical therapy, rehabilitation, health and wellness equipment and supplies operating under the MeyerDC®, MeyerPT®, ELIVATE® and Milliken Medical® brands. The company’s headquarters are in Cleveland, OH with distribution centers in Ohio, Florida, Texas, and California. To learn more about Boxout please spend some time at www.boxouthealth.com.

About Smart for Life, Inc.
Smart for Life, Inc. (Nasdaq: SMFL) is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on health and wellness. Structured as a publicly held global holding company, the Company is executing a Buy-and-Build strategy with serial accretive acquisitions creating a vertically integrated company with an objective of aggregating companies generating a minimum of $300 million in revenues by the fourth quarter of 2026. To drive growth and earnings, Smart for Life is developing proprietary products as well as acquiring other profitable companies, encompassing brands, manufacturing and distribution channels. The Company currently operates five subsidiaries including Doctors Scientific Organica, Nexus Offers, Bonne Santé Natural Manufacturing, GSP Nutrition/Sports Illustrated Nutrition and Ceautamed Worldwide/Greens First. For more information about Smart for Life, please visit: www.smartforlifecorp.com.

Video regarding the Company’s manufacturing facility at Bonne Santé Natural Manufacturing is available at: www.bonnesantemanufacturing.com/video.

Investor material and a Fact Sheet with additional information about Smart for Life is available at: www.smartforlifecorp.com/investor-center.

About Sports Illustrated
Sports Illustrated (SI) is an unparalleled and influential leader recognized for shaping modern culture and uniting athletes, teams and fans worldwide. At the intersection of sports, lifestyle and entertainment, Sports Illustrated is a 360-degree enterprise that delivers immersive content, innovative digital experiences, unforgettable events, and original products. Its award-winning media arm brings powerful storytelling to life through probing profiles and up-to-date news on SI.com, across social media platforms and through the monthly print magazine. The most trusted name in sports transcends media through SI Tickets, a fan-first ticketing platform, SI Sportsbook, a digital sports betting platform, SI Studios, the brand’s home for film, TV, and long form audio content. SI brings its unique and authentic perspective to marquee events and captivating brand activations including The Sportsperson of the Year Awards, “The Party”, SI Swimsuit Launch Weekend and the SI Circuit Series. For more information, visit SI.com. Follow Sports Illustrated on Twitter, Instagram, Tik Tok and Facebook.

Forward-Looking Statements
This press release may contain information about our views of future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations of Smart for Life’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although Smart for Life believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Smart for Life does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. No assurances can be made that Smart for Life will successfully acquire its acquisition targets. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause Smart for Life’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our filings with the Securities and Exchange Commission.

Disclaimer
The information provided in this press release is intended for general knowledge only and is not a substitute for professional medical advice or treatment for specific medical conditions. Always seek the advice of your physician or other qualified health care provider with any questions you may have regarding a medical condition. This information is not intended to diagnose, treat, cure or prevent any disease.

Investor Relations Contact
Crescendo Communications, LLC
Tel: (212) 671-1021
SMFL@crescendo-ir.com

Smart for Life Announces Execution of Comprehensive Canadian Distribution Agreement for its Nutritional Food Products

Smart for Life Announces Execution of Comprehensive Canadian Distribution Agreement for its Nutritional Food Products 1920 1080 Smart for Life, Inc.

Distribution Agreement with Two Hands Corporation Expected to Significantly Expand Audience of Consumers by Adding Additional Distribution Partners and Retail Channels

Miami, FL – June 26, 2023 – Globe Newswire – Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, today announced an agreement with Two Hands Corporation (CSE: TWOH) (OTC: TWOH), a leading distributor of food related products in Canada. The announcement was made jointly by Nadav Elituv, President of Two Hands Corporation and Darren Minton, Chief Executive Officer of Smart for Life.

“Expansion of our sales in both domestic and international markets is a key component of our growth strategy as part of our stated goal of reaching $100 million in revenue. Towards this end we are very proud to introduce Smart for Life to additional consumers across Canada,” stated Darren Minton, CEO of Smart for Life. “Although followers of Smart for Life’s products have been familiar with our offering in Costco Canada based on our presence there over the years, we are looking forward to significantly expanding our audience of consumers to include a wide gamut of additional distribution partners and retail channels. We believe our partnership with Two Hands will take our distribution in Canada to the next level.”

“Smart for Life is known for its commitment to quality and innovation. In particular, their protein bars offer a combination of great taste, nutritional benefits, and convenience that resonates with today’s health-conscious consumers,” stated Nadav Elituv, President of Two Hands Corporation.

Mr. Elituv continued, “Our team has been impressed by the variety and quality of Smart for Life’s products. We are ready to kickstart this exciting partnership and look forward to working closely with Smart for Life to ensure a successful launch in the Canadian market. This partnership marks a significant step in Two Hands’ commitment to bringing diverse, high-quality nutritious options to our customers.”

Smart for Life’s distribution agreement with Two Hands Corporation is expected to result in initial shipments of products into Canada beginning in Q3 2023.

About Two Hands Corporation
Two Hands Corporation (CSE: TWOH) (OTC: TWOH) is a Canadian-based distribution company focused exclusively on the grocery market through the Cuore Food Services brand. Two Hands’ inventory is updated continuously and generally consists of produce, meats, pantry items, bakery & pastry goods, gluten free goods, and organic items, acquired from various suppliers in Canada and internationally. For more information about Two Hands Corporation, please visit: www.twohandsgroup.com.

About Smart for Life, Inc.
Smart for Life, Inc. (Nasdaq: SMFL) is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on health and wellness. Structured as a publicly held global holding company, the Company is executing a Buy-and-Build strategy with serial accretive acquisitions creating a vertically integrated company with an objective of aggregating companies generating a minimum of $300 million in revenues by the fourth quarter of 2026. To drive growth and earnings, Smart for Life is developing proprietary products as well as acquiring other profitable companies, encompassing brands, manufacturing and distribution channels. The Company currently operates five subsidiaries including Doctors Scientific Organica, Nexus Offers, Bonne Santé Natural Manufacturing, GSP Nutrition and Ceautamed Worldwide. For more information about Smart for Life, please visit: www.smartforlifecorp.com.

Investor material and a Fact Sheet with additional information about Smart for Life is available at: www.smartforlifecorp.com/investor-center.

Forward-Looking Statements
This press release may contain information about our views of future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations of Smart for Life’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although Smart for Life believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Smart for Life does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. No assurances can be made that Smart for Life will successfully acquire its acquisition targets. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause Smart for Life’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our filings with the Securities and Exchange Commission.

Disclaimer
The information provided in this press release is intended for general knowledge only and is not a substitute for professional medical advice or treatment for specific medical conditions. Always seek the advice of your physician or other qualified health care provider with any questions you may have regarding a medical condition. This information is not intended to diagnose, treat, cure or prevent any disease.

Investor Relations Contact
Crescendo Communications, LLC
Tel: (212) 671-1021
SMFL@crescendo-ir.com

Smart for Life Releases Corporate Video on Roger Conley Wood

Smart for Life Releases Corporate Video on Roger Conley Wood 2332 1312 Smart for Life, Inc.

Video Represents Latest in the Company’s “Director’s Forum” Series – Observations from the Company’s Independent Directors

Miami, FL – June 21, 2022 – Globe Newswire – Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, announced that it has released a video interview with Roger Conley Wood, an independent director on Smart for Life’s Board.

“We are pleased to release our latest corporate video on Roger Conley Wood,” stated Darren Minton, Smart for Life’s Chief Executive Officer. “Roger has been an indispensable member of our board since we first went public on Nasdaq.  His deep knowledge and dedication to product design and brand identity for global brands such as Reebok, Motorola and the Hearst Corporation represents an impressive body of work. Recently, Roger has been exploring the role of data science, machine learning and artificial intelligence in the design of consumer goods and services, in addition to employing predictive analytics to determine which celebrities are most capable of carrying a successful brand.  We look forward to leveraging Roger’s knowledge as we continue to expand our brand portfolio through accretive acquisitions in the health and wellness space.”

The “Director’s Forum” represents a video series featuring the independent members of Smart for Life’s board of directors, their backgrounds and their individual views on the Company and its growth strategy.  This installment highlights Roger Conley Wood, a seasoned executive with over 25 years of experience serving in C-level positions with various technology and consumer product businesses and one of Smart for Life’s independent directors since February 2022.

The Smart for Life “Director’s Forum” video featuring Mr. Wood can be found here:  www.smartforlifecorp.com/2023/06/20/video-smfl-director-roger-wood.

About Roger Conley Wood
Mr. Wood has been a member of Smart for Life’s board of directors since February 2022. Mr. Wood is a seasoned executive with over 25 years of experience serving in C-level positions with various technology and consumer product businesses. He is currently Chairman of Conley Holdings, a private family company with interests in Homebuilding, Fashion, Training & Education, Pet Care, Media & Entertainment and Personal Care sectors. He served as the Chief Executive Officer and Managing Partner of Blue Bear Brands, a marketing consultancy specializing in predicative analytics and machine learning, from 2014 to 2020. He previously held senior management positions with Hearst Corporation, Orca Payments, Amobee Media, Willis Group, Reebok International, Omnipoint Voicestream and Motorola. He has served on the board of directors of numerous private companies and the board of trustees for the Wardlaw-Hartridge School, Global Alumni Board of Harvard Business School, Junior Achievement and the British American Business Council. Mr. Wood obtained his B.A. in Marketing and Statistics from Morehouse College and his Master’s in Business Administration from Harvard University.

About Smart for Life, Inc.

Smart for Life, Inc. (Nasdaq: SMFL) is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on health and wellness. Structured as a publicly held global holding company, the Company is executing a Buy-and-Build strategy with serial accretive acquisitions creating a vertically integrated company with an objective of aggregating companies generating a minimum of $300 million in revenues by the fourth quarter of 2026. To drive growth and earnings, Smart for Life is developing proprietary products as well as acquiring other profitable companies, encompassing brands, manufacturing and distribution channels. The Company currently operates five subsidiaries including Doctors Scientific Organica, Nexus Offers, Bonne Santé Natural Manufacturing, GSP Nutrition/Sports Illustrated Nutrition and Ceautamed Worldwide/Greens First. For more information about Smart for Life, please visit: www.smartforlifecorp.com.

Video regarding the Company’s manufacturing facility at Bonne Santé Natural Manufacturing is available at: www.bonnesantemanufacturing.com/video.

Investor material and a Fact Sheet with additional information about Smart for Life is available at: www.smartforlifecorp.com/investor-center.

Forward-Looking Statements
This press release may contain information about our views of future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations of Smart for Life’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although Smart for Life believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Smart for Life does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. No assurances can be made that Smart for Life will successfully acquire its acquisition targets. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause Smart for Life’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our filings with the Securities and Exchange Commission.

Investor Relations Contact
Crescendo Communications, LLC
Tel: (212) 671-1021
SMFL@crescendo-ir.com

Smart for Life Releases CEO Statement on Successful Recapitalization

Smart for Life Releases CEO Statement on Successful Recapitalization 700 394 Smart for Life, Inc.

Proceeds to Accelerate Revenue Growth Through Sales Initiatives and Additional Product Launches

Transformative Event Includes Conversion of Approximately $6 Million of Debt into Equity, $4.5 Million of Warrant Conversions and Conversion of $1.2 Million of Accrued Compensation by Management and the Board of Directors

Miami, FL – May 31, 2023 – Globe Newswire – Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, today announced the release of a video statement by Darren Minton, CEO of Smart for Life, regarding the company’s successful initiatives as it refinances its capital structure, enhances its balance sheet and utilizes the proceeds to accelerate revenue growth.

These initiatives include the Company’s previously announced conversion of approximately $6 million of debt into equity, as well as over $1.2 million of deferred compensation for Smart for Life’s executive management team and the Company’s board of directors into equity under the same terms. More specifically, the aforementioned conversions are being made into the Company’s Series B preferred stock, par value $0.0001 per share, that is convertible into common stock at an exercise price of $2.23 per share. Lastly, more than 3.5 million shares of warrant conversions have been exercised, resulting in gross proceeds in excess of $4.5 million for Smart for Life.

“Our management team and board of directors are excited to announce this successful reorganization of our capital structure and achieving a significant transformation of our balance sheet,” stated Darren Minton, CEO of Smart for Life. “Not only does this include conversion of $6 million of debt to equity and $1.2 million of deferred compensation by the executive management team and board of directors that we previously announced on Friday, but we also announced warrant exercises, resulting in a cash infusion of over $4.5 million into Smart for Life. We believe these major milestones further support our Nasdaq listing, as well as position Smart for Life for significant growth over the coming weeks and months with additional product launches and sales activity. We look forward to providing additional updates shortly on our exciting operational achievements and further news on our M&A developments in short order.”

The video statement featuring Smart for Life’s CEO Darren Minton can be found here:
www.smartforlifecorp.com/2023/05/29/video-smfl-ceo-darren-minton/.

About Smart for Life, Inc.
Smart for Life, Inc. (Nasdaq: SMFL) is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on health and wellness. Structured as a publicly held global holding company, the Company is executing a Buy-and-Build strategy with serial accretive acquisitions creating a vertically integrated company with an objective of aggregating companies generating a minimum of $300 million in revenues by the fourth quarter of 2026. To drive growth and earnings, Smart for Life is developing proprietary products as well as acquiring other profitable companies, encompassing brands, manufacturing and distribution channels. The Company currently operates five subsidiaries including Doctors Scientific Organica, Nexus Offers, Bonne Santé Natural Manufacturing, GSP Nutrition and Ceautamed Worldwide. For more information about Smart for Life, please visit: www.smartforlifecorp.com.

Video regarding the Company’s manufacturing facility at Bonne Santé Natural Manufacturing is available at: www.bonnesantemanufacturing.com/video.

Investor material and a Fact Sheet with additional information about Smart for Life is available at: www.smartforlifecorp.com/investor-center.

Forward-Looking Statements
This press release may contain information about our views of future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations of Smart for Life’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although Smart for Life believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Smart for Life does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. No assurances can be made that Smart for Life will successfully acquire its acquisition targets. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause Smart for Life’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our filings with the Securities and Exchange Commission.

Disclaimer
The information provided in this press release is intended for general knowledge only and is not a substitute for professional medical advice or treatment for specific medical conditions. Always seek the advice of your physician or other qualified health care provider with any questions you may have regarding a medical condition. This information is not intended to diagnose, treat, cure or prevent any disease.

Investor Relations Contact
Crescendo Communications, LLC
Tel: (212) 671-1021
SMFL@crescendo-ir.com

Smart for Life Announces Exercise of Warrants for $4.5 Million in Gross Proceeds

Smart for Life Announces Exercise of Warrants for $4.5 Million in Gross Proceeds 1920 1080 Smart for Life, Inc.

Miami, FL – May 30, 2023 – Globe Newswire – Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, today announced the agreement by several accredited investors to exercise certain outstanding warrants to purchase up to an aggregate of 3,513,750 shares of common stock of the Company issued by the Company on July 1, 2021 and August 18, 2021, each having an exercise price of $2.59 per share, at a reduced exercise price of $1.30 per share. The shares of common stock issuable upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-3 (File No. 333-271701). The gross proceeds to the Company from the exercise of the warrants are expected to be approximately $4.5 million, prior to deducting placement agent fees and estimated offering expenses.

H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.

In consideration for the immediate exercise of the warrants for cash, the exercising holders will receive new unregistered warrants to purchase shares of common stock. The new warrants will be exercisable into an aggregate of up to 7,027,500 shares of common stock, at an exercise price of $2.17 per share and have a term of exercise equal to five and one-half years.

The Company intends to use the net proceeds from the offering for working capital and other general corporate purposes.

The new warrants described above were offered in a private placement pursuant to an applicable exemption from the registration requirements of the Securities Act of 1933, as amended (the “1933 Act”) and, along with the shares of common stock issuable upon their exercise, have not been registered under the 1933 Act, and may not be offered or sold in the United States absent registration with the SEC or an applicable exemption from such registration requirements. The securities were offered only to accredited investors. The Company has agreed to file a registration statement with the SEC covering the resale of the shares of common stock issuable upon exercise of the new warrants.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About Smart for Life, Inc.
Smart for Life, Inc. (Nasdaq: SMFL) is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on health and wellness. Structured as a publicly held global holding company, the Company is executing a Buy-and-Build strategy with serial accretive acquisitions creating a vertically integrated company with an objective of aggregating companies generating a minimum of $300 million in revenues by the fourth quarter of 2026. To drive growth and earnings, Smart for Life is developing proprietary products as well as acquiring other profitable companies, encompassing brands, manufacturing and distribution channels. The Company currently operates five subsidiaries including Doctors Scientific Organica, Nexus Offers, Bonne Santé Natural Manufacturing, GSP Nutrition and Ceautamed Worldwide. For more information about Smart for Life, please visit: www.smartforlifecorp.com.

Forward-Looking Statements
This press release may contain information about our views of future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations of Smart for Life’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although Smart for Life believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Smart for Life does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. No assurances can be made that Smart for Life will successfully acquire its acquisition targets. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause Smart for Life’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our filings with the Securities and Exchange Commission.

Investor Relations Contact
Crescendo Communications, LLC
Tel: (212) 671-1021
SMFL@crescendo-ir.com

Smart for Life Announces Successful Debt Refinancing as Part of Company’s Balance Sheet Transformation

Smart for Life Announces Successful Debt Refinancing as Part of Company’s Balance Sheet Transformation 1920 1080 Smart for Life, Inc.

Conversion Includes Over $5.8 Million of Debt into Equity and Over $1.2 Million by Executive Management and the Board of Directors

Miami, FL – May 26, 2023 – Globe Newswire – Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, today announced a series of related transactions in support of a comprehensive plan to refinance its capital structure and enhance its balance sheet.

This refinancing includes the Company’s successful conversion of over $5.8 million of debt into equity. In addition, over $1.2 million of deferred compensation for Smart for Life’s executive management team and the Company’s board of directors is being converted into equity under the same terms. More specifically, the aforementioned conversions are being made into the Company’s Series B preferred stock, par value $0.0001 per share, that is convertible into common stock at an exercise price of $2.23 per share.

“Smart for Life is pleased to announce this successful refinancing of our capital structure and achieving a significant transformation of our balance sheet as a result,” stated Darren Minton, CEO of Smart for Life. “We appreciate the overwhelming support of our note holders who were willing to convert over $5.8 million of debt to equity, significantly improving our balance sheet and increasing our shareholders’ equity.  In addition, we believe converting $1.2 million of deferred compensation by the executive management team and board of directors demonstrates our alignment and confidence in the outlook for the business.  We believe these steps will not only unlock significant value for shareholders, but also help further support our listing on Nasdaq. Overall, we believe Smart for Life is positioning itself for significant growth as we transform our balance sheet and continue working towards our near-term goal of $100 million in annualized revenues and sustainable profitability.”

Additional details regarding the transactions will be available in the Company’s filings with the Securities and Exchange Commission and on the Company’s website.

About Smart for Life, Inc.
Smart for Life, Inc. (Nasdaq: SMFL) is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on health and wellness. Structured as a publicly held global holding company, the Company is executing a Buy-and-Build strategy with serial accretive acquisitions creating a vertically integrated company with an objective of aggregating companies generating a minimum of $300 million in revenues by the fourth quarter of 2026. To drive growth and earnings, Smart for Life is developing proprietary products as well as acquiring other profitable companies, encompassing brands, manufacturing and distribution channels. The Company currently operates five subsidiaries including Doctors Scientific Organica, Nexus Offers, Bonne Santé Natural Manufacturing, GSP Nutrition and Ceautamed Worldwide. For more information about Smart for Life, please visit: www.smartforlifecorp.com.

Forward-Looking Statements
This press release may contain information about our views of future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations of Smart for Life’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although Smart for Life believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Smart for Life does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. No assurances can be made that Smart for Life will successfully acquire its acquisition targets. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause Smart for Life’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our filings with the Securities and Exchange Commission.

Investor Relations Contact
Crescendo Communications, LLC
Tel: (212) 671-1021
SMFL@crescendo-ir.com

Smart for Life Announces Launch of New Line of Sports Illustrated Protein Bars

Smart for Life Announces Launch of New Line of Sports Illustrated Protein Bars 1920 1080 Smart for Life, Inc.

Sports Illustrated Protein Bars Are Specifically Engineered to Promote
Clean and Active Lifestyles

Miami, FL – May 24, 2023 – Globe Newswire – Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, announced today that it is launching a new line of Sports Illustrated protein bars, specifically formulated for active lifestyles. The premium line of protein-based bars are formulated to address a growing demand for clean and nutritional products that match the needs of athletes and health-conscious consumers alike.

The new line of protein bars is clean and energizing, non-GMO, cold-pressed, with no sucralose and no preservatives, and includes some options that are gluten-free. Launch flavors include Triple Chocolate, Cookies & Cream, Blueberry White Chocolate and Strawberry Chocolate. The bars are expected to be released in select markets for initial testing in Q3 of 2023 with select preorders available for certain flavors online.

“We are thrilled to launch a line of protein bars in partnership with Sports Illustrated and share them with dedicated athletes and active consumers,” stated Darren Minton, Smart for Life’s Chief Executive Officer. “Each of our bars is manufactured utilizing a proprietary process out of our own facility, which allows us to control the ingredients at each step and ensure that every bar meets our exacting standards.  This new line of protein bars includes great flavors, textures, and tastes that will keep consumers with active lifestyle coming back for more.”

Designed to serve as a healthy meal replacement or an alternative to boost energy and nutrients, the bars can be enjoyed before, during, or after a workout. Each bar maintains a high fiber but low sugar profile and is infused with antioxidants and collagen to deliver high performance results.

“Sports Illustrated is committed to reaching fans and athletes across a growing number of touchpoints,” said Michael Sherman, Senior Vice President of Media Brands at Authentic Brands Group, owner of Sports Illustrated. “In partnership with Smart for Life, we have the opportunity to do so in way that promotes clean and active lifestyles through a high quality product.”

To learn more about Sports Illustrated protein bars, as well as the various other products offered under the Sports Illustrated line of vitamins and supplements, please visit: www.sportsillustratednutrition.com.

About Smart for Life, Inc.
Smart for Life, Inc. (Nasdaq: SMFL) is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on health and wellness. Structured as a publicly held global holding company, the Company is executing a Buy-and-Build strategy with serial accretive acquisitions creating a vertically integrated company with an objective of aggregating companies generating a minimum of $300 million in revenues by the fourth quarter of 2026. To drive growth and earnings, Smart for Life is developing proprietary products as well as acquiring other profitable companies, encompassing brands, manufacturing and distribution channels. The Company currently operates five subsidiaries including Doctors Scientific Organica, Nexus Offers, Bonne Santé Natural Manufacturing, GSP Nutrition and Ceautamed Worldwide. For more information about Smart for Life, please visit: www.smartforlifecorp.com.

Video regarding the Company’s manufacturing facility at Bonne Santé Natural Manufacturing is available at: www.bonnesantemanufacturing.com/video.

Investor material and a Fact Sheet with additional information about Smart for Life is available at: www.smartforlifecorp.com/investor-center.

About Sports Illustrated
Sports Illustrated (SI) is an unparalleled and influential leader recognized for shaping modern culture and uniting athletes, teams and fans worldwide. At the intersection of sports, lifestyle and entertainment, Sports Illustrated is a 360-degree platform that delivers immersive content, innovative digital experiences, unforgettable events, and original products. Its award-winning media arm brings powerful storytelling to life through probing profiles and up-to-date news on SI.com, across social media platforms and through the monthly print magazine. The most trusted name in sports transcends media through SI Tickets, a fan-first ticketing platform, SI Sportsbook, a digital sports betting platform, SI Studios, the brand’s home for film, TV, and long form audio adaptations of SI’s thought-provoking storytelling, and more. SI brings its unique and authentic perspective to marquee events and captivating brand activations including The Sportsperson of the Year Awards, “The Party”, SI Swimsuit Launch Weekend and the SI Circuit Series.

For more information, visit SI.com.

Follow Sports Illustrated on Twitter, Instagram, Tik Tok and Facebook.

Forward-Looking Statements
This press release may contain information about our views of future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on management’s beliefs, assumptions and expectations of Smart for Life’s future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Although Smart for Life believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Smart for Life does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. No assurances can be made that Smart for Life will successfully acquire its acquisition targets. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause Smart for Life’s actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Actual results may differ materially from the expectations discussed in forward-looking statements. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks set forth in “Risk Factors” included in our filings with the Securities and Exchange Commission.

Disclaimer
The information provided in this press release is intended for general knowledge only and is not a substitute for professional medical advice or treatment for specific medical conditions. Always seek the advice of your physician or other qualified health care provider with any questions you may have regarding a medical condition. This information is not intended to diagnose, treat, cure or prevent any disease.

Investor Relations Contact
Crescendo Communications, LLC
Tel: (212) 671-1021
SMFL@crescendo-ir.com