AMASS Brands Inc. Common Stock

AMASS Brands Group plans to acquire a majority stake in sparkling protein water brand HpO, increasing its ownership from about 15% to approximately 50.0001% on a fully diluted basis. The company also secured a three-year option to acquire the remaining interest at a price equal to two times revenue. HpO produces plant-based sparkling protein water with 5 grams of protein per can, zero sugar, and 22 to 30 calories per serving. AMASS aims to leverage its distribution network to expand HpO nationally, citing growing demand for high-protein beverages driven in part by GLP-1 weight-loss medication use. The transaction will be funded with AMASS common stock, and shares were trading up 12.25% at $2.29 following the announcement.

AMASS Brands Group has entered into a Simple Agreement for Future Equity in Afterdream, a fast-growing hemp-derived THC beverage brand, securing the right to receive at least a 15.67% ownership interest on a fully diluted basis upon a future qualifying financing or liquidity event. The investment positions AMASS as a core investor in Afterdream, which operates at the intersection of non-alcoholic, functional wellness, and alternative adult beverage categories. Afterdream’s products are currently distributed in seven states and have earned editorial coverage in GQ, Delish, Trendhunter, and The Quality Edit. The hemp-derived THC beverage category surpassed $1.1 billion in annual U.S. sales in 2024, while the broader functional relaxation beverage category is projected to grow from approximately $495 million in 2024 to $2.1 billion by 2034, according to Zion Market Research. Afterdream has demonstrated strong direct-to-consumer traction, with returning customer rates reaching 66% in May 2026 and gross sales growth of 43% over the last 90 days.