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An update from Plantify Foods Inc ( (TSE:PTFY) ) is now available.
Plantify Foods Inc. has completed its previously announced rights offering to existing shareholders, issuing 642,666 common shares at $0.12 per share for gross proceeds of approximately $77,120. All shares were taken up by non-insider participants under both the basic and additional subscription privileges, no fees or commissions were paid in connection with the financing, and no new insider positions were created; following the financing, the company has 12,083,155 shares outstanding, with the offering still subject to final acceptance by the TSX Venture Exchange.
More about Plantify Foods Inc
Plantify Foods Inc. is a Vancouver-based company listed on the TSX Venture Exchange that operates in the food industry, focusing on plant-based products for consumers seeking alternatives to conventional foods.
Average Trading Volume: 41,741
Technical Sentiment Signal: Sell
Current Market Cap: C$2.75M
For an in-depth examination of PTFY stock, go to TipRanks’ Overview page.