-
Pramac Yamaha replace Miller with Guevara for 2027 MotoGP season
-
New Zealand make three changes for second South Africa Test
-
Bouaddi needs time at Man City despite 100m euro fee, says Maresca
-
Stocktwits Expands CME Group Alliance with the Integration of Single Stock Futures Data
-
MEXC Launches SHEIN Subscription with $1M Quota as Inaugural IPO Express Event
-
'Mature' Colapinto extends contact with Alpine through 2027
-
Iran, Qatar hold Hormuz talks as US blockade chokes Iran oil imports
-
Atletico rule out any talks with Barcelona over Alvarez
-
Defiant Dinusha helps Sri Lanka draw second India Test
-
Tech stocks lifted by Nvidia as broader markets struggle
-
Pakistan bowl against England in rain-delayed second Test
-
Delap joins Nottingham Forest in club-record deal
-
Barcola move from PSG to Liverpool 'on track': source
-
ICC President Akane Warns U.S. Sanctions Threaten Court's Future
-
Swallowed by silt: Survivors recount Nepal flood horror
-
Delays in Cancer Radiotherapy and Surgery Target Times
-
Germany's Merz hosts 'frugal' leaders ahead of EU budget battle
-
Acrid stench, charred walls reveal devastation of Pakistan infant ward fire
-
Barca sign Croatia goalkeeper Livakovic
-
Norway holds its breath as King Harald's health deteriorates
-
Rain delays England's bid to put off-field incidents behind them
-
Germany reports record 15,800 heat-related deaths this summer
-
World record holder Sawe withdraws from Berlin Marathon
-
YouTuber Chris Sails Arrested for Allegedly Falsifying Emergency Report
-
Driven by faith, activists stand up to fellow Jews to protect Palestinians
-
Dinusha defiant as Sri Lanka lead by 170 in India Test
-
Therapy Culture Performance: How the Lindsay Clancy Trial Sparked a Trend of Viral Maternal Distress
-
Taiwan lawmakers approve $7.6 bn drone budget as China threat grows
-
Norway's King Harald, 89, in 'extremely serious' condition
-
TechCentral.ie Daily Briefing: Agentic AI Firm Doubles Headcount to 60
-
How a glacier collapse may have caused Nepal-Tibet disaster
-
KiiChain Integrates TRON to Expand 24/7 On-Chain FX and Stablecoin Payments
-
Harmovest Capital Strengthens Global Financial Services Through Technology and Compliance
-
Japan to survey animal cafes over hygiene, welfare concerns
-
Nvidia to buy AI platform Hugging Face for $12.9 bn: report
-
Desperate families search for missing after Nepal floods
-
Palace intrigue in Uganda as succession battle heats up
-
The missing in Nepal-Tibet flash floods
-
'Housing First' approach gets Swedish city's homeless off streets
-
Search for 1,300 missing after deadly Nepal-Tibet floods
-
Czech duo Muchova and Mensik win US Open mixed doubles title
-
Once a top export, prized Kashmir carpet fades
-
Japan's 'polka dot queen' artist Yayoi Kusama dies aged 97
-
Search for 1,000 missing after deadly Nepal-Tibet floods
-
Nepal-Tibet disaster: what we know
-
Park So-yeon first woman to play for eSports powerhouse South Korea
-
China deploys record number of ships around Taiwan as pressure grows
-
Yayoi Kusama: Japan's kaleidoscopic, troubled 'polka dot queen'
-
Ruthless Bayern target treble as rivals reboot on Bundesliga return
-
Euro champ Hunt 'on her toes' against world's best in Zurich 100m
Food Culture Inc. Secures US$1 Million Commercial Line of Credit
Facility Intended to Support Working Capital and 2026 Purchase Order Activity
TORONTO, ONTARIO / ACCESS Newswire / February 13, 2026 / Food Culture Inc. (OTCMarkets:FCUL) ("FCUL" or the "Company") announces that it has entered into a revolving commercial line of credit agreement providing for borrowings of up to US$1,000,000.
The facility is intended to finance purchase orders, inventory acquisition, and related working capital requirements as the Company advances planned 2026 product initiatives. Advances under the line will be secured by inventory and trade receivables, and are corporate obligations of the Company. Each advance initially matures 150 days from funding and converts thereafter into a six-month amortized repayment schedule.
The Company believes the facility provides access to working capital to support production and distribution planning activities.
Ruben Yakubov, Chairman of Food Culture, commented, "This credit facility represents an important step in strengthening our financial foundation as we move into a critical execution phase. With structured access to working capital now in place, we are better positioned to support production, align distribution relationships, and introduce our branded portfolio to the U.S. retail market in a measured and responsible manner. We look forward to updating shareholders as each initiative progresses."
Operational Update
The Company is coordinating production, regulatory preparation, and supply chain alignment for multiple branded beverage initiatives anticipated for staged introduction during 2026.
Engagement of co-packers with negotiated pricing structures
Alignment with bottle, label, and packaging suppliers for 2026 production
Advancement of TTB approvals and state re-registration processes
Finalization of insurance coverage through U.S.-based brokers
Ongoing work related to distribution planning and logistics
The Company has reached commercial terms with a U.S.-based distribution partner, subject to final documentation and implementation.
The Company intends to stage product introductions across multiple time periods in 2026 in order to align production timelines, regulatory processes, and distribution readiness. Management plans to issue follow-up news releases over the coming weeks and months introducing each branded product as they are presented to U.S. distributors for potential retail market placement.
Management's approach is focused on phased execution, inventory management, and measured capital deployment as market introductions progress.
About Food Culture Inc.
Food Culture Inc. operates in the food and beverage sector and owns Distill Brands International ("DBI"), a brand-focused beverage company engaged in premium spirits, wine, and ready-to-drink product development aligned with sports and entertainment markets.
For additional information please visit
https://foodcultureinc.com
https://distillacquisitions.com
Contact:
Ruben Yakubov
(o) +1 416 565 5467
[email protected]
Forward-Looking Statements
This press release contains forward-looking statements that reflect the Company's current expectations regarding future events, financing availability, product introductions, regulatory approvals, and distribution arrangements. Words such as "intend," "plan," "anticipate," "may," "will," "expect," and similar expressions are intended to identify forward-looking statements. These statements involve risks and uncertainties, including but not limited to regulatory approvals, production timing, market conditions, distribution acceptance, and access to capital, that could cause actual results to differ materially from those expressed or implied. The Company undertakes no obligation to update forward-looking statements except as required by applicable law.
SOURCE: Food Culture, Inc
View the original press release on ACCESS Newswire
B.Torres--AT
