Smart For Life Announces Capital Restructuring Designed To Address Nasdaq Listing Requirements And Unlock Shareholder Value

Smart for Life Inc SSMFL:

• SMART FOR LIFE ANNOUNCES CAPITAL RESTRUCTURING DESIGNED TO ADDRESS NASDAQ LISTING REQUIREMENTS AND UNLOCK SHAREHOLDER VALUE

• SMART FOR LIFE INC - INCLUDES $1.0M PRIVATE PLACEMENT WITH ACCREDITED INSTITUTIONAL INVESTORS; AND CONVERSION OF $2.5M OF DEBT TO EQUITY