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Hip Cuisine signs Investment Banking agreement with Newbridge Securities

March 01, 2018, 07:00 AM
Filed Under: Restaurant

Hip Cuisine Inc. (HIPC), a growing global nutritional foods company, announced that it has retained Newbridge Securities Corporation, a full-service securities brokerage and investment banking firm, to provide strategic corporate finance and investment banking services. Newbridge will focus on assisting Hip Cuisine with various initiatives, including plotting a course to uplist onto a senior National Exchange, advising on future capital raises for the funding of additional locations and evaluating potential M&A transactions.

“We are pleased to have the support from Newbridge Securities Corporation as our Investment Banker. They will help us achieve our uplisting event onto a senior National Exchange as soon as we are qualified and will also assist us on reaching our goal of 25 company owned stores by the end of 2019. We have three territories currently under expansion and each territory requires additional funding to complete. We are excited to now be working with Newbridge to help us execute on our aggressive expansion plan,” stated Douglas Samuelson, CFO of Hip Cuisine.

Hip Cuisine is a global nutritional foods company, that brings fresh, organic foods to the health-conscious consumer.  The Company has two retail food locations in Panama City, through its subsidiary, Hip Cuisine Panama, as well as another 3 locations in Southern California through its subsidiary, RAWkin’ Juice.  RAWkin’ Juice is a popular maker of organic-vegan juices and smoothies, salads, and desserts.  Hip Cuisine also owns Living Gourmet, a line of fresh, organic raw-vegan foods, which include vegan burgers, sandwiches, burritos and soups.  The Company also has various joint-ventures with select specialty food, beverage and lifestyle health brands, including an exclusive distribution agreement with Medidate Coffee, a gourmet antioxidant and protein-rich coffee made from date seeds, and a retailer agreement with Charlotte’s Web, a maker of high-cannabidiol (CBD), low-tetrahydrocannabinol (THC) Cannabis extract marketed as a dietary supplement.

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