Vancouver, British Columbia — December 22, 2025 — Leads & Copy — Restart Life Sciences Corp. (CSE: HEAL) is set to acquire Holy Crap Foods Inc. from Happy Belly Food Group Inc. (CSE: HBFG), according to a binding letter of intent dated December 21st, 2025.
The Acquisition will see Restart acquire the “Holy Crap” Foods portfolio of brands and a co-packer production facility located in British Columbia.
Restart anticipates that the Acquisition will be considered a “significant acquisition” and expects to file a business acquisition report within 75 days of closing.
The co-packer production facility will serve as the official production partner for the Company’s “Brain Balls” and other product lines.
According to Steve Loutskou, Chief Executive Officer of Restart, the Acquisition marks the beginning of the Company’s 2026 multi-branded growth strategy. He stated that the company intends to acquire and develop profitable brands in the health and wellness category.
Loutskou added that the manufacturing co-packer facility would be utilized to streamline and consolidate future brand acquisitions and organic brand development for realized product economies of scale, labor efficiency and combined purchasing power for raw goods – leading to an overall reduction of manufacturing costs.
The parties expect the Acquisition to close in early 2026, pending approval by the Canadian Securities Exchange.
The purchase price for Holy Crap and its assets is CAD$1,000,000, subject to working capital adjustments, payable in cash. Upon the signing of the LOI, Restart is to pay Happy Belly Food Group Inc. a cash deposit of CAD$100,000, being equal to 10% of the purchase price.
Any post-closing payment adjustments shall be made within 12 months of closing and will be secured against the assets of Holy Crap.
Founded in Gibsons, British Columbia, Holy Crap is a Canadian health food brand known for its high-fibre, plant-based, gluten-free cereals and oatmeal. The brand’s products are available in numerous retail outlets across Canada.
Holy Crap products are represented across a network of major banners, including Metro, Fortino’s, Whole Foods, Healthy Planet, IGA, Longo’s, Save-On-Foods, London Drugs, Safeway, Nature’s Fare, Choices Market, Nature’s Emporium, and Highland Farms.
Restart intends to operate Holy Crap as a standalone subsidiary, preserving and strengthening its existing operations while enhancing its reach into additional markets.
Restart will remain focused on the development and creation of innovative health and wellness products, serving the broader wellness market with a particular emphasis on brain health, cognitive function, focus, and memory.
Restart is continuing to actively seek collaborations with reputable scientific organizations to validate product efficacy through clinical and functional studies.
About Restart Life Sciences Corp.
Restart Life Sciences Corp. is a Canadian-based life sciences company listed on the CSE.
Steve Loutskou, Chief Executive Officer, Restart Life Sciences Corp., Tel: +1 (778) 819-0244, Email: hello@restartlife.co
Source: Restart Life Sciences Corp.
