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Nepra Foods Converts Debt to Strengthen Finances

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Nepra Foods Converts Debt to Strengthen Finances

Nepra Foods (TSE:NPRA) has released an update.

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Nepra Foods Inc. has completed a debt conversion deal, turning US$970,551 of debt into 26,445,572 common shares, to strengthen the company’s financial position. The transaction involves a four-month hold period for the newly issued shares. The deal is part of Nepra Foods’ ongoing efforts to provide nutritious, tasty, and allergen-free plant-based foods.

For further insights into TSE:NPRA stock, check out TipRanks’ Stock Analysis page.

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