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Plantify Foods Inc ( (TSE:PTFY) ) just unveiled an announcement.
Plantify Foods Inc. has announced an update regarding its acquisition of Smart Repair Pro, a California-based company owned by Jeffs’ Brands Ltd. The transaction involves a share purchase agreement with a revised purchase price, including 49.3 million common shares and 45 million contingent value rights. The deal values the acquisition at approximately $14.79 million, potentially rising to $28.29 million if certain milestones are met. The transaction is subject to TSXV acceptance, and the company’s shares remain halted pending regulatory filings.
More about Plantify Foods Inc
Plantify Foods Inc. operates in the food industry, focusing on plant-based products. The company is listed on the TSX Venture Exchange under the ticker PTFY.
Technical Sentiment Signal: Sell
Current Market Cap: C$5.87M
For detailed information about PTFY stock, go to TipRanks’ Stock Analysis page.