NewAge, Inc. Price, Forecast, Insider, Ratings, Fundamentals & Signals

New york--(business wire)--attorney advertising--bronstein, gewirtz & grossman, llc notifies investors that a class action lawsuit has been filed against newage, inc. (“newage” or the “company”) (nasdaq: nbev) (otc: nbevq) and certain of its officers, on behalf of all persons and entities that purchased, or otherwise acquired newage common stock during the period from january 18, 2018 and october 18, 2022, inclusive (the “class period”). such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/nbev. this class action seeks to recover damages against defendants for alleged violations of the federal securities laws. the complaint alleges that throughout the class period, defendants made false and/or misleading statements and/or failed to disclose, among other things, that: (1) newage never entered into a “distribution agreement” or “initiative in partnership” with the military and never had plans to sell its products at all commissaries and exchanges around the world; (2) newage did not have adequate inventory of its products to fulfill this reported agreement; (3) newage did not actually expand its product lines or distribution agreements as represented; (4) the company lacked adequate internal controls; (5) as a result the company had a heightened risk of regularly scrutiny and ultimately subject to an sec investigation and action; and (6) as a result of the foregoing, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times...

New york--(business wire)--attorney advertising--bronstein, gewirtz & grossman, llc notifies investors that a class action lawsuit has been filed against newage, inc. (“newage” or the “company”) (nasdaq: nbev) (otc: nbevq) and certain of its officers, on behalf of all persons and entities that purchased, or otherwise acquired newage common stock during the period from january 18, 2018 and october 18, 2022, inclusive (the “class period”). such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/nbev. this class action seeks to recover damages against defendants for alleged violations of the federal securities laws. the complaint alleges that throughout the class period, defendants made false and/or misleading statements and/or failed to disclose, among other things, that: (1) newage never entered into a “distribution agreement” or “initiative in partnership” with the military and never had plans to sell its products at all commissaries and exchanges around the world; (2) newage did not have adequate inventory of its products to fulfill this reported agreement; (3) newage did not actually expand its product lines or distribution agreements as represented; (4) the company lacked adequate internal controls; (5) as a result the company had a heightened risk of regularly scrutiny and ultimately subject to an sec investigation and action; and (6) as a result of the foregoing, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times...

New york--(business wire)--rosen law firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of newage, inc. (nasdaq: nbev) (otc: nbevq) between january 18, 2018 and october 18, 2022, both dates inclusive (the “class period”). the lawsuit seeks to recover damages for newage investors under the federal securities laws. to join the newage class action, go to https://rosenlegal.com/submit-form/?case_id=10143 or call phillip kim, esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. according to the lawsuit, defendants throughout the class period made false and/or misleading statements and/or failed to disclose, among other things, that: (1) newage never entered into a “distribution agreement” or “initiative in partnership” with the military and never had plans to sell its products at all commissaries and exchanges around the world; (2) newage did not have adequate inventory of its products to fulfill this reported agreement; (3) newage did not actually expand its product lines or distribution agreements as represented; (4) the company lacked adequate internal controls; (5) as a result the company had a heightened risk of regularly scrutiny and ultimately subject to an sec investigation and action; and (6) as a result of the foregoing, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times...

New york--(business wire)--why: rosen law firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of newage, inc. (otc: nbevq) (nasdaq: nbev) resulting from allegations that newage may have issued materially misleading business information to the investing public. so what: if you purchased newage securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. the rosen law firm is preparing a class action seeking recovery of investor losses. what to do next: to join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=10143 or call phillip kim, esq...

Salt lake city, march 15, 2022 (globe newswire) -- newage, inc. (nasdaq: nbev), a direct selling company with a primary focus on healthy products, today announced its fourth quarter and full year 2021 earnings release and conference call will be rescheduled to allow additional time to complete its annual report on form 10-k. the company will be filing a form 12b-25, notification of late filing, on march 16, 2022, which will provide the company with a 15-day extension to file its form 10-k. the company expects to report financial results for the quarter and full year ended december 31, 2021, on or before march 31, 2022, the expiration date of the extension period. updated conference call details will be provided in a subsequent announcement.

The Securities and Exchange Commission has filed charges against former NewAge Inc. Chief Executive Brent David Willis, accusing him of a “multi-year fraud” that included misleading public statements meant to promote the wellness-focused beverage maker that once hoped to take advantage of the nation's CBD craze.

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Once high-flying New Age has had its wings clipped and continues to suffer a hangover from the disasterous Brent Willis era. With Willis now gone, Interim CEO John Brennan is attempting to breathe new life into the company and has taken steps in an effort to increase shareholder value.

SALT LAKE CITY, March 15, 2022 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), a direct selling company with a primary focus on healthy products, today announced its fourth quarter and full year 2021 earnings release and conference call will be rescheduled to allow additional time to complete its Annual Report on Form 10-K. The Company will be filing a Form 12b-25, Notification of Late Filing, on March 16, 2022, which will provide the Company with a 15-day extension to file its Form 10-K. The Company expects to report financial results for the quarter and full year ended December 31, 2021, on or before March 31, 2022, the expiration date of the extension period. Updated conference call details will be provided in a subsequent announcement.

NewAge Inc. NBEV, -0.14% said Friday it has received notice from Nasdaq Stock Market LLC that it is not in compliance with the $1.00 closing bid listing requirement. The Utah-based health and wellness beverage and cannabis company has 180 days, until Aug. 23, to regain compliance or its stock will be delisted.

SALT LAKE CITY, Feb. 25, 2022 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), a direct-to-consumer (D2C) healthy products company, today announced that it will release financial results for its fourth quarter and full year ended December 31, 2021, after the market close on Wednesday, March 16, 2022.