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Stock impact report

Aterian Makes Strategic Minority Equity Investment in 4th & Heart [Yahoo! Finance]

Aterian, Inc. (ATER) 
Company Research Source: Yahoo! Finance
the “Company”) today announced the recent closing of a strategic minority equity investment in 4th & Heart, the leading U.S. maker of premium ghee butter products. The Company invested approximately $0.2 million in cash and approximately 145,000 shares of Aterian common stock. No other terms of the transaction were disclosed. “We are excited to announce our participation in 4th & Heart's funding round and we look forward to exploring potential strategic opportunities between our two companies,” said Joe Risico, Aterian's Co-CEO. “Like our Squatty Potty brand, we see a lot of value in partnering and investing in brands that offer consumers the opportunity to live a healthier, better life and that's what 4th & Heart does with its ghee products.” “The partnership with Aterian will fuel the growth we're seeing at 4th & Heart in both current and emerging markets. Like Aterian's other products, 4th & Heart pushes boundaries, and we're excited to unlock future potential together,” said Show less Read more
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