Recent Updates — AMSS
On October 29, 2026, the Board of Directors approved a first amendment to the Company’s Bylaws that changes the quorum requirement for stockholders’ meetings or actions to at least 33 1/3% of the voting power of the issued and outstanding shares entitled to vote. The amendment is detailed in Exhibit 3.1 attached to this filing. AMASS Brands Inc operates in the cannabis industry, producing and distributing cannabis products.
Zachary Ament resigned as Chief Financial Officer effective November 16, 2026. The board appointed Geoffrey McFarlane as Interim CFO effective November 17, 2026. McFarlane previously served as interim CFO and has been a consultant since August 2025. Compensation terms are being negotiated. The company also filed an amended designation for Series C Preferred Stock, lowering the conversion floor price to $1.00 per share. Additionally, the company terminated a warrant held by Streeterville Capital LLC without payment. AMASS Brands operates in the beverage industry.
On October 9, 2026, AMASS Brands Inc. received a notice from Nasdaq indicating its common stock closed below $1.00 per share for 30 consecutive business days, violating the Minimum Bid Price Requirement. The company has a 180-day grace period through April 7, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. Failure to comply may result in delisting or a transfer to the Nasdaq Capital Market. This notice is separate from prior warnings regarding market value deficiencies due January 19, 2027. AMASS Brands Inc. operates in the consumer goods industry.
AMASS Brands Inc. announced preliminary, unaudited net revenue for the third quarter ended September 30, 2026, totaling approximately $5.3 million. This represents a 30% increase from the $4.1 million reported in the prior-year period and exceeded the company's guidance of at least $4.4 million by roughly 20%. Core brand net revenue grew 67% to $3.8 million, while the Wine & Spirits segment rose 18% to $4.7 million. The Non-Alcoholic and Functional segment saw a 5.1-fold increase year-over-year, reaching approximately $0.6 million, driven by the launch of AMASS Electrolytes. Good Twin retail dollar sales grew 144% year-over-year, and Pizzolato maintained its position as the number one organic sparkling wine in the U.S. The company expects to report full financial results on or before November 16, 2026. AMASS Brands operates as a premium beverage platform spanning non-alcoholic, functional, and alcohol 2.0 products.
Amass Brands Inc filed an Amended and Restated Certificate of Designation for its Series C Convertible Preferred Stock on August 19, 2026. The amendment revised liquidation provisions, modified conversion rights and pricing, clarified optional redemption terms to exclude holder-initiated redemptions outside of liquidation events, and updated default remedies. Concurrently, the company requested an additional $2,000,000 purchase of Series C Preferred Stock from Streeterville Capital, LLC under a Securities Purchase Agreement dated March 17, 2026. Amass Brands Inc operates in the cannabis industry.
AMASS Brands Inc. reported second quarter 2026 financial results on August 17, 2026, announcing net revenue of $5.6 million, a 2% increase year-over-year. The Non-Alcoholic and Functional segment surged 132% to $0.4 million, while core brands grew 12%. Gross profit was $1.5 million (26.7% margin), with adjusted EBITDA at negative $1.7 million. Cash reserves stood at $1.6 million as of June 30, 2026. The company introduced initial financial guidance, projecting full-year fiscal 2026 net revenues of at least $18.5 million and fiscal 2027 revenue of at least $22.2 million. Key operational developments include Good Twin becoming the #1 organic non-alcoholic wine brand in the U.S., Pizzolato MUSE launching nationwide at Whole Foods, and the planned acquisition of a majority stake in HpO Sparkling Protein Water. AMASS Brands Inc. is a consumer packaged goods company that develops, markets, and distributes premium beverage brands across wine, spirits, and functional non-alcoholic categories.