VANCOUVER, British Columbia – February 14, 2023 -Yerbaé Brands Corp. (formerly, Kona Bay Technologies Inc.) (“Yerbaé” or the “Company”), is pleased to announce that, further to its news releases dated May 24, 2022, November 23, 2022, December 22, 2022, and February 3, 2023, it has successfully completed its merger and business combination of the Company with Yerbaé Brands Co. (“Yerbaé US”), a Delaware incorporated plant-based energy beverage company operating out of Scottsdale, Arizona (the “Transaction”).
Todd Gibson, co-founder, CEO and Director of Yerbaé stated, “I am thrilled to announce that Yerbaé is taking the next step in its journey by going public. This is an exciting time for our company and a testament to the hard work and dedication of our employees. Going public will provide us with the capital and resources to accelerate our growth, enhance our brand, and expand our reach. It will also give us the opportunity to bring in new investors who share our vision and mission.”
“I have seen firsthand the hard work, dedication, and passion that has gone into building this business, and I am truly grateful for the support of our employees, customers, and partners along the way. This marks a significant milestone in our journey, and I couldn’t be more excited for what the future holds for Yerbaé as a public company,” said Karrie Gibson, co-founder, COO and Director of Yerbaé.
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About Yerbaé Brands Corp.
Founded in 2017 by Todd Gibson and Karrie Gibson, Yerbaé Brands Corp., (TSXV: YERB.U) is disrupting the energy beverage marketplace with great tasting, zero sugar, zero calorie beverages, while using plant-based ingredients that are designed to meet the needs of the wellness forward consumer. Harnessing the power of nature, Yerbaé’s celebrity ingredient is known to produce 196 different vitamins, minerals and nutrients that also produces caffeine.
By combining Yerba Mate, a South American herb with its premium ingredients and flavors, Yerbaé provides consumers with a no compromise energy solution. All Yerbaé energy beverages are zero calorie, zero sugar, non-GMO, and gluten free.