Tattooed Chef Shares Surge 14% on Announced Retail Product Distribution Expansion

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The company also announced the signing and simultaneous closing of an asset purchase agreement with Desert Premium Group, according to which the company acquired certain assets from Desert Premium Group for approximately $10 million, and the signing of a new lease agreement for an 80,000 square foot manufacturing facility located in Albuquerque, New Mexico at which the assets acquired currently operate.

By Davit Kirakosyan