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Plantify Foods Sets AGM Date, Proposes Share Consolidation

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Plantify Foods Sets AGM Date, Proposes Share Consolidation

Plantify Foods Inc (TSE:PTFY) has released an update.

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Plantify Foods Inc. has scheduled its Annual General Meeting (AGM) for September 10, 2024, and proposed a share consolidation to meet Nasdaq listing requirements. The consolidation could result in a dramatic reduction in the number of common shares from over 378 million to approximately 378,736. However, this is dependent on shareholder approval and may not proceed if the board decides against it.

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

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