Business
Plantify Foods To Apply for NASDAQ Listing
(TheNewswire) Vancouver, British Columbia – The Newswire – March 14, 2024 - ...
About this update from Plantify Foods Inc
[{"type":"text","content":"Plantify Foods To Apply for NASDAQ Listing\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 – The\nNewswire – March 14, 2024 -\n \n \n Plantify Foods,\nInc.\n \n \n (TSXV: PTFY)\n \n \n (\"\n \n \n Plantify\n \n \n Foods\n \n \n \" or the \"\n \n \n Company\n \n \n \"), a Clean Label food company\ndedicated to providing consumers with nutritious and delicious food\noptions, is pleased to announce today that the Board of Directors\n(“\n \n \n BOD\n \n \n ”), has approved plans to uplist to Nasdaq Stock Market\nLLC (\"\n \n \n NASDAQ\n \n \n \"), providing exposure to one of the largest capital\nmarkets in the world.\n \n \n \n \n \"Plantify Foods has worked tirelessly to ensure\nthat we maintain our commitment to producing quality Clean Label\nplant-based foods that are accessible, convenient, and healthy.”,\n \n \n said Suzette Ramcharan, CEO of\nPlantify Foods.\n \n \n “We had a solid year of growth\nin 2023, solidifying new customers in new markets such as Europe and\nthe United States, refining our product offering, and moving closer to\nour goals of being cash flow neutral at our operations. The decision\nto seek a listing on NASDAQ ties nicely into our goals of expanding\nand building out the brand in the U.S., as well as opening up a much\nlarger pool of investment capital with greater visibility to all of\nthe good that we are accomplishing. We look forward to providing\nupdates as they materialize.\n \n \n \n \n “This is a very exciting opportunity for us,\nespecially as we continue to grow our customer base in the U.S.\n \n \n said Noam Ftecha, CEO of\nPOB.\n \n \n “The food and beverage industry is not an\neasy one to navigate, especially when focused on Clean Label, ensuring\nhealth and quality, and creating products that are good for you, and\nthat taste great as well. This was our vision from the very beginning,\nto bring our products to the world stage, and a NASDAQ listing will\nallow us to showcase our innovation to a large and lucrative\naudience.”\n \n \n \n \n The Company has not yet submitted but expects to submit\nwithin the next 2 months an application for listing on NASDAQ, and\nthere is no guarantee that the Company’s secu...