Japan’s Next Meats goes public on the American OTC Market

Japanese alternative meat company Next Meats successfully went public on the American Over-The-Counter (OTC) Market recently as Next Meats Holdings, Inc (NXMH) after acquiring an American special purpose acquisition company (SPAC), debuting its presence in the American stock market.

The Chief Executive Officer of Next Meats, Hideyuki Sasaki said that with plans to strenuously develop and distribute their products worldwide and invest in related businesses, they intends to be listed on NASDAQ in the near future as well.

“With increased efforts and shifts being made by countries to meet the Sustainable Development Goals set by the United Nations, and with people making lifestyle changes on a global scale due to the pandemic, we can expect Next Meats to receive attention as a newly listed company with a focus on environmental conservation,” he said in a statement.

As a Tokyo based food-tech venture company specializing in the R&D of alternative meats, Next Meats began their product development in 2017 and was officially established in 2020, when they simultaneously began their overseas expansion as well.

Their plant-based products Next Burgers, Next Gyudon, and the Next Yakiniku series have been met with great reviews and support, and they are currently developing other products as well.

-NIAGATIMES

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