Business
Plantify Foods Enters into Agreement to Acquire Smart Repair Pro
(TheNewswire) Vancouver, British Columbia – TheNewswire – June 2, 2025 - ...
About this update from Plantify Foods Inc
[{"type":"text","content":"Plantify Foods Enters into Agreement to Acquire Smart Repair Pro\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, British Columbia –\nTheNewswire – June 2, 2025 -\n \n\n\n\n Plantify Foods, Inc\n \n\n .\n \n\n\n\n (TSXV: PTFY)\n \n\n (\"\n \n\n Plantify\n \n\n \" or the \"\n \n\n Company\n \n\n \")\nannounces that it has entered into a share purchase agreement dated\nApril 29, 2025 (the “\n \n\n Agreement\n \n\n ”) with Jeffs’ Brands Ltd.\n(\n \n\n Nasdaq: JFBR\n \n\n ) (the “\n \n\n Vendor\n \n\n ”) and Smart Repair Pro (the\n“\n \n\n Target\n \n\n ”), a California corporation, pursuant to which the Company\nwill acquire\n \n 15,572\n \n shares of common stock of\nthe Target (the “\n \n\n Target\nShares\n \n\n ”), representing 100% of the issued and\noutstanding equity interests of the Target (the “\n \n\n Transaction\n \n\n ”).\n \n\n\n\n The Transaction will constitute a “Reverse\nTakeover” under TSX Venture Exchange (the “\n \n\n TSXV\n \n\n ”) policy 5.2\n \n\n Changes of Business and\nReverse Takeovers\n \n\n (“\n \n\n Policy 5.2\n \n\n ”) and is\nsubject to acceptance of the TSXV.\n \n\n\n\n Capitalized terms used herein but not otherwise defined\nhave the meaning ascribed to such terms in TSXV policy 1.1\n \n\n Interpretation\n \n\n .\n \n\n\n\n\n\n Business and History of the Target\n \n\n\n\n\n\n Business of the Target\n \n\n\n\n The Target is an e-commerce, consumer packaged goods\ncompany, owning and operating two stores on the Amazon marketplace\nunder the “fulfillment by Amazon” (“\n \n\n FBA\n \n\n ”) model: (i)\nKnifePlanet and (ii) Whoobli.\n \n\n\n\n The KnifePlanet store offers products under the\nfollowing brands:\n \n\n\n\n\n\n (i)\n \n\n KnifePlanet, which offers\ncomplete premium stone knife-sharpening sets, sharpeners and nonslip\nrubber bases;\n \n\n\n\n\n\n (ii)\n \n\n CC-Exquisite, which offers\nprofessional steel soft-tip dart sets and darts holders under the\nbrand, DARTS®; and\n \n\n\n\n\n\n (iii)\n \n\n PetEvo, which offers car\ndoor and car seats protectors for pets.\n \n\n\n\n\n\n The Whoobli store offers punching bag sets and party\nsupply kits for children.\n \n\n\n\n Under t...