These savory delights feature vegan pepper jack cheese and
Packed with fiber, complex carbs, essential vitamins, fatty acids, and 4 grams of protein per serving, each package contains eight taquitos for a convenient, anytime snack. Microwave-friendly and 100% non-GMO,
Consumers will be able to find the Original with Cheese and the Southwest Style Taquitos across
Gregory Maselli Appointed to
The Company is also pleased to announce that
'Joining forces with a visionary like
Planet Based Foods Announces Share Consolidation
In accordance with the Company's Articles,
As a result of the Consolidation, the approximately 51,735,693 subordinate voting shares of the Company currently outstanding will be reduced to approximately 10,347,139 subordinate voting shares, and the 4,000,000 multiple voting shares of the Company currently outstanding will be reduced to approximately 800,000 multiple voting shares. No fractional shares will be issued. Any fractional shares resulting from the consolidation of the shares shall be converted such that each fractional share remaining after conversion that is less than one-half of a share be cancelled and each fractional share that is at least one-half of a share be changed to one whole share. The exact number of post-consolidated shares will vary depending on the treatment of fractional shares which will occur when each shareholder's holdings in the Company are consolidated.
Outstanding stock options, restricted stock units and warrants would similarly be adjusted by the consolidation ratio. The Company will not be changing its name and trading symbol in connection with the Consolidation. The subordinate voting shares will continue to be traded on the Canadian Securities Exchange under the Company's current name and under its current stock symbol 'PBF' on a post-consolidated basis.
The Consolidation remains subject to the approval of the Canadian Securities Exchange. The Company will provide further details with respect to the record date and the effective date of the Consolidation in due course.
About
PBFG, through its wholly-owned subsidiary in
Additional information about the Company is available on SEDAR+ (www.sedarplus.ca). To subscribe to automated email alerts for future news and public filings, visit the
On Behalf of the Board
CEO and Co-Founder
Forward-Looking Statements
Certain statements included in this news release constitute forward-looking information or statements (collectively, 'forward-looking statements'), including those identified by the expressions 'anticipate,' 'assume,' 'believe,' 'plan,' 'estimate,' 'expect,' 'intend,' 'may,' 'should' and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. Therefore, this news release contains forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Such statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Accordingly, readers should not place undue reliance on the Company's forward-looking statements.
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.
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