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Plantify Foods Inc ( (TSE:PTFY) ) has provided an update.
Plantify Foods, Inc. has issued 1,141,270 common shares to settle $636,829 of outstanding debt with YA II PN, Ltd. This debt settlement agreement results in a slight decrease in the ownership stake of N2OFF, Inc., which now holds approximately 24.9% of the company’s common shares. This transaction reflects Plantify Foods’ efforts to manage its financial obligations, potentially impacting its financial stability and stakeholder interests.
More about Plantify Foods Inc
Plantify Foods, Inc. operates in the food industry, focusing on creating plant-based food products. The company is committed to providing healthy and sustainable food options for the market.
YTD Price Performance: 8.82%
Average Trading Volume: 7,272
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$3.72M
For detailed information about PTFY stock, go to TipRanks’ Stock Analysis page.