Arcadia Biosciences, Inc. received a notice terminating the Securities Exchange Agreement with Roosevelt Resources, LP, prompting the company to evaluate strategic alternatives to create value for shareholders. Over the past two-and-a-half years, Arcadia has reduced expenses, grown the Zola coconut water brand, and holds shares in Above Food Ingredients Inc. The company believes it is entitled to additional compensation related to the sale of GoodWheat in May 2024. Arcadia is now seeking a merger or strategic transaction, leveraging its assets and Nasdaq listing to attract potential partners. For more information, visit www.arcadiabio.com.

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