Ohio-based blank check company Better For You Wellness, formerly Fast Track Solutions, executed a a term sheet with Williamsburg Venture Holdings for the purchase of up to $30 million of the company’s common stock in a registered offering. Terms also call for the purchase of up to $500,000 of the company’s stock in a private placement prior to the registered offering.
The company is evaluating various business opportunities in the plant-based food, beverage, and consumer packaged goods categories. Read more.