Amaze completes acquisition of The Food Channel

Amaze (AMZE) Holdings completed the acquisition of the assets of The Food Channel. The purchase price for the assets was $650,000 payable in the form of a convertible promissory note issued by Amaze. The purchase marks a key step in Amaze’s strategy to expand into new creator verticals. The acquisition enables Amaze to combine its network of food creators with The Food Channel’s established digital brand to power a next-generation social commerce and entertainment platform. The Amaze team is currently developing an all-new FoodChannel.com, designed to deliver an immersive, community-driven experience. This will allow Amaze’s 60,000 plus food creators to engage new audiences and brands at the redesigned FoodChannel.com.