Anthony Vendetti

Nicholas Sherwood

Thomas McGovern

William Gregozeski

- Barfresh Food Group Inc. entered into a stock purchase agreement on **September 15, 2025**, to acquire Arps Dairy, Inc. for approximately **$1.6 million** in debt repayment, with the transaction expected to close by **October 1, 2025**.  **[1487197_0001493152-25-013990_form8-k.htm:0]** **[1487197_0001493152-25-013990_ex99-1.htm:0]** **[1487197_0001493152-25-013990_ex2-1.htm:0]** **[1487197_0001493152-25-013990_ex99-1.htm:2]** 
- This strategic acquisition is intended to **enhance manufacturing capabilities**, reduce operational costs, and improve margins by bringing production in-house.  **[1487197_0001493152-25-013990_form8-k.htm:0]** **[1487197_0001493152-25-013990_ex99-1.htm:0]** 
- The acquisition includes Arps Dairy's existing 15,000-square-foot facility and an almost completed **44,000-square-foot new facility** in Defiance, Ohio, which Barfresh plans to complete in **2026**.  **[1487197_0001493152-25-013990_form8-k.htm:0]** **[1487197_0001493152-25-013990_ex99-1.htm:0]** **[1487197_0001493152-25-013990_ex2-1.htm:0]**  Arps Dairy has also been preliminarily approved for a **$2.3 million government grant** for the new facility.  **[1487197_0001493152-25-013990_ex99-1.htm:0]** 
- Barfresh raised its **fiscal year 2025 revenue guidance** to **$14.5 million to $15.5 million** and provided preliminary **fiscal year 2026 pro forma revenue guidance** of **$30 million to $35 million**, anticipating the acquisition to be **accretive to earnings in fiscal 2026**.  **[1487197_0001493152-25-013990_ex99-1.htm:0]**

BARFRESH FOOD GROUP (BRFH)