The company plans to outline its strategy at an upcoming capital markets event.
The company has entered the beverage space with a limited release of plant-based protein drinks sold online.
Bettani Farms is known for using artificial intelligence (AI) to “reverse-engineer” what makes traditional cheese taste and perform the way it does.
The plant-based meat maker seeks to restructure its debt and extend repayment deadlines amid declining sales and weak demand.
Early trials have shown that FattFlex can successfully substitute conventional fats while preserving flavor and texture.