Business
Following Completed Share Exchange Agreement with ByoPlanet, Plandai Announces Material Rebranding to Disinfectant Industry Focus
Following Completed Share Exchange Agreement with ByoPlanet, Plandai Announces Material Rebranding to Disinfectant Industry Focus.
About this update from Plandai Biotechnology, Inc.
[{"type":"text","content":"ATHENS, GA / ACCESSWIRE / May 18, 2023 / Plandai Biotechnology (OTC PINK:PLPL) is pleased to announce a comprehensive rebranding initiative following the successful completion of its share exchange agreement with ByoPlanet, LLC. Furthermore, Plandai is proud to state that all the contingencies required for closing have been satisfied, and as a result of the share exchange, all of ByoPlanet's assets have been rolled up into Plandai, thereby transforming Plandai into a fully operational company that is no longer a shell.Previously recognized as a company engaged in the research, development, and manufacturing of products, including cannabis and CBD, Plandai abandoned its former classification. Today, we are thrilled to unveil Plandai's transition from the cannabis sector to the disinfectant industry, reflecting the company's shifting focus."Plandai is forging ahead," stated Rick O'Shea, Manager of ByoPlanet and now the CEO of Plandai. "We have embraced change and are tremendously enthusiastic about the future. This strategic shift forms an integral part of our robust plan to expand our market share in the disinfectant business."In line with this rebranding and strategic transformation, Plandai is actively working on completing its name and trading symbol corporate action with FINRA to better align with its new business model, and with a commitment to transparency and investor engagement, Plandai is updating its website and establishing a dedicated social media account for investor relations. This account will provide investors with real-time information on the company's strategic developments and operational progress.This rebranding represents a significant milestone in Plandai's journey, underscoring the company's resolve to make a substantial impact in the disinfectant industry. We invite all stakeholders to join us as we embark on this exciting new chapter.About Plandai Biotechnology, Inc.Plandai Biotechnology, Inc. (OTC: PLPL) is a biotech firm dedicated to delivering industry-leading solutions in the disinfectant sector. With its innovative approach and unwavering commitment to excellence, Plandai is pioneering new paths in the industry, catering to the needs of customers and making positive contributions to the wider community.About ByoPlanetByoPlanet is a leader in disinfection solutions, offering innova...