(Note: Midori Group withdrew its plans to go public in an SEC filing dated Jan. 3, 2024. The Canadian company’s F-1 was filed March 13, 2023. This was a unit offering with estimated IPO proceeds of $19.19 million.)

We are a global eco-friendly distributor, sales and marketing company of a green, biodegradable plastic additive. The additive is currently produced and supplied by a third party (EcoLogic, LLC) and sold under our own private brand label “Midori Biosolutions.” (Incorporated in British Columbia)

The Midori Biosolutions additive is FDA FOOD, REACH, FTC, PROP65, CONEG compliant, non-toxic, no heavy metals, no starches, free of BPA & Phosphates with extensive testing data available for customers. We believe the additive will provide consumer packaged goods (CPG) brands with a sustainable end-of-life biodegradable solution, without impeding normal recycle/composting plastics, and a practical and viable solution for reducing plastic waste from the world environment. The Midori Biosolutions additive is an innovative technology that aims to solve the major problem of the amount of time it takes for untreated plastic to decompose, as it can take centuries to biodegrade. With this additive, we seek to accelerate the natural biodegradation process to just a few years. We believe that the additive can help CPG brand owners alleviate the challenges associated with unrecycled plastics, supporting their industry and governmental plastic “circularity” targets. The Midori Biosolutions additive can be applied to virtually all polymer types, processes, and applications. The test results of the ASTM D5511 studies, which is a global standard measurement for landfill biodegradation which measures biogasses created during the biodegradation process, shows the different degradation rates of various products using the Midori Biosolutions additive. Further, this study shows scientific validation that the Midori Biosolutions additive works to accelerate the natural biodegradation process.

The Midori Biosolutions additive is in the initial integration phase, and we are working with 51 consumer and industrial brands who are searching for a sustainable direction. We have firm commitments from major brands, such as Wilson Tennis, Planters Peanuts, Johnvince Foods, CMI Orchards, and Guycan Thermoforming, to purchase 24,000, 7,000, 6,000, 6,100 and 13,200 pounds of Bio-Solutions additive, respectively, to be integrated into their food packaging materials giving them a marketing advantage over their competition from a sustainability platform. We believe that once these sustainability marketing campaigns have been launched publicly by these brands in the third quarter of 2023 and first quarter 2024, such sustainability marketing campaigns will create a pathway for other more conservative brands to utilize Midori-Biosolutions additive that are waiting for other brands to launch first. We received such firm commitments by way of informal e-mail orders (which is standard in our industry rather than formal agreements).   We are in testing and pre-launch production mode as to a number of other major brands, in the foods, beverages, sporting goods, footwear and medicinal industries such as Keen Shoes, Snibb’s Shoes, and GP8 Water. We are not at liberty to disclose the identity as to those other brands at the current time because we are subject to non-disclosure agreements with penalties to deter disclosure prior to launch by such brands in order to give such brands a marketing advantage over their competition from a sustainability platform.

(Midori Group, Inc. filed its F-1 on March 13, 2023, and disclosed terms for its unit IPO: 3.73 million units at $4.15, the low end of its $4.15 to $6.15 price range. Each  unit consists of one share of common stock and one warrant to buy one share of stock at $4.15 per share.)