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Plantify Foods Announces Closing of Rights Offering

(TheNewswire) Vancouver, British Columbia – TheNewswire – January 2, 2...

articlePlantify Foods IncJanuary 2, 20265/company/plantify-foods-inc/news/plantify-foods-announces-closing-of-rights-offering
Plantify Foods Announces Closing of Rights Offering

About this update from Plantify Foods Inc

[{"type":"text","content":"Plantify Foods Announces Closing of Rights Offering\n(TheNewswire)\n\n\n\n\n\nVancouver, British\nColumbia – TheNewswire – January 2, 2026 —\nPlantify Foods, Inc. (TSXV: PTFY) (\"Plantify Foods\"\nor the \"Company\") announces\nthe completion of its previously announced rights offering (the\n“Rights Offering”) to eligible holders of its common shares (the\n“Shares”) which expired at 2:00 p.m. (Pacific Time) on December\n31, 2025 (the “Expiry\nDate”).\n\n\nThe Company issued a total of 642,666 Shares at a price\nof $0.12 per Share for aggregate gross proceeds of $77,119.92. A total\nof 92,666 Shares were issued under the basic subscription privilege,\nincluding 0 Shares to insiders of the Company, as a group (the\n“Insider Group”) and 92,666 Shares to all other persons, as a group. In\naddition, a total of 550,000 Shares were issued\nunder the additional subscription privilege, including 0 Shares to the Insider Group and 550,000 Shares to\nall other persons, as a group. To the knowledge\nof the Company, no person became an insider of Plantify Foods as a\nresult of the Rights Offering.\n\n\nAs of the Expiry Date, following completion of the\nRights Offering, Plantify Foods has 12,083,155 Shares issued and\noutstanding. The Rights Offering remains subject to receipt of final\nacceptance of the TSX Venture Exchange.\n\n\nNo fees or commissions were paid by the Company in\nconnection with the Rights Offering.\n\n\n.\n\n\nContact\n\n\n\nGabriel Kabazo\n\n\nChief Financial Officer and Corporate Secretary\n\n\nPhone: (604) 833 6820 \n\n\nEmail: [email protected]\n\n\n\n\nNeither the TSX\nVenture Exchange nor its Regulation Services Provider (as that term is\ndefined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nCopyright (c) 2026 TheNewswire - All rights reserved.\n","length":5279,"tagName":"div"}]

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