Ambezz, Inc. and Glow Holdings, Inc. (OTCPK:GLOH) signed a binding letter of intent to acquire Cedar River Foods LLC on April 23, 2014. Ambezz, Inc. and Glow Holdings, Inc. will make the acquisition via a newly established company named Cedar Foods Corporation into which, post acquisition, Cedar River Foods will merge. Ambezz, Inc. and Glow Holdings, Inc. will hold 45% and 55% stakes respectively in Cedar Foods Corporation. According to the LOI, the membership unit holders of Cedar River Foods LLC and the shareholders of Ambezz Inc., as of immediately prior to the closing of the merger, will receive 25 million newly-issued shares of Glow's common stock, restricted in accordance with Rule 144, and Glow would invest a minimum of $0.13 million, between the closing and August 15, 2014, in the new Cedar Foods Corp for the development of its business. Robert J. Selfridge, Co-Founder and Managing Partner of Cedar River Foods LLC will appoint as new Chief Executive Officer of Cedar Foods Corporation.

As of September 4, 2014, Ambezz, Inc. and Glow Holdings, Inc. (OTCPK:GLOH) signed a definitive agreement to acquire Cedar River Foods LLC. The transaction is expected to close in the middle of September, 2014.

As of October 16, 2014, the transaction is expected to close by October 24, 2014.

Ambezz, Inc. and Glow Holdings, Inc. (OTCPK:GLOH) completed the acquisition of Cedar River Foods LLC on October 24, 2014.