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N2OFF, Inc. - SVFD STOCK NEWS

Welcome to our dedicated page for N2OFF news (Ticker: SVFD), a resource for investors and traders seeking the latest updates and insights on N2OFF stock.

N2OFF, Inc. (SVFD) is a forward-thinking company committed to providing integrated solutions designed to reduce food waste while enhancing the safety, freshness, and quality of food from the farm to the table. Recognizing the challenges posed by foodborne illnesses from pathogens like E. coli, salmonella, and listeria, N2OFF has developed a range of eco-friendly products that are highly effective against both human and plant pathogens.

One of the core technologies employed by N2OFF utilizes hydrogen peroxide combined with a proprietary blend of food-grade acids. This innovative approach leaves no toxic residues on treated produce, forming a temporary protective shield that prevents pathogen development and reduces cross-contamination. Ultimately, this extends the shelf life of both fresh and processed produce, ensuring safer food consumption and minimized waste.

N2OFF’s commitment to sustainability and environmental responsibility is evident in their development of 'green' solutions. Their products not only enhance food safety but also align with global efforts to reduce chemical residues in the food supply chain.

Recently, N2OFF has made significant strides in expanding its market reach and establishing partnerships with key stakeholders in the food industry. These collaborations have facilitated the broader adoption of their solutions, reinforcing their role as a pivotal player in the fight against foodborne illnesses and food spoilage.

Financially, N2OFF has shown resilience and growth potential, backed by strategic investments and a robust R&D pipeline focused on innovation. The company continues to attract attention from investors and industry experts alike, poised for further advancements and market penetration.

Stay informed with the latest updates and developments from N2OFF, Inc. as they continue to revolutionize food safety and waste reduction methodologies.

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Save Foods, Inc. (SVFD) announces stockholders' approval of 20% share issuance under SEPA with YA II PN, Ltd. and name change to N2OFF, Inc. The agreement allows for up to $20 million stock purchase by YA over 36 months. The rebranding reflects the focus on sustainable agriculture solutions and greenhouse gas reduction.
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Save Foods, a pioneer in sustainable agriculture solutions, announced that its majority-owned subsidiary, Nitrousink Ltd., has filed a patent application to reduce greenhouse gas emissions in wheat. Nitrousink aims to target nitrous oxide (N2O), a potent greenhouse gas, by isolating bacteria species that can reduce N2O emissions under various environmental conditions from wheat roots. The company is testing its technology under greenhouse conditions and intends to continue testing in micro field plots using different soils, dosages, and formulations for a variety of crops. N2O is 265 times more powerful than carbon dioxide at warming the planet, making Nitrousink's mission to create a solution to mitigate agriculture’s environmental impact significant. Save Foods' majority stake in Nitrousink allows it to penetrate the carbon credit market. According to IMARC Group, the global wheat seed market size reached US$ 5.3 billion in 2023, with an expected growth rate of 3.84% during 2024-2032.
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Save Foods, Inc. (NASDAQ: SVFD) (FSE:80W) announced that its majority-owned subsidiary, Nitrousink Ltd., has commenced a controlled trial to examine its solution for the reduction of greenhouse gas emissions, specifically focusing on nitrous oxide (N2O). The trial is being led by Dr. Dror Minz, a leading expert in Environmental Microbiology, and aims to optimize the effectiveness of Nitrousink's solution in reducing N2O emissions during wheat growth.
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Save Foods, Inc. (NASDAQ: SVFD) has entered the carbon credit and greenhouse gas emissions markets through its acquisition of a majority stake in Nitrousink Ltd. The US Congress allocated $20 billion to support climate-smart agriculture, with the Carbon Credit Market valued at $87.9 billion in 2022 and projected to grow at a CAGR of 14.2% from 2023 to 2032.
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Save Foods, Inc. (NASDAQ: SVFD) has announced that its solution was chosen by Sun Pacific for use on Cuties® clementines for the third consecutive season. Sun Pacific, a leading US-based grower, packer, and marketer, has been a cornerstone brand in the industry for decades. Save Foods' green treatments protect fresh fruit and vegetables from spoilage and foodborne pathogens, reducing rotten fruit at the retail level by 50% on average.
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Save Foods, Inc. (NASDAQ: SVFD) (FSE:80W) announces that Sun Pacific will apply their solutions on Cuties® for a third consecutive season, marking a significant milestone in their sustainable operations. Save Foods' solutions have been adopted by leading growers and packers, including SiCarFarms, resulting in increased shelf life and reduced waste for retailers.
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Save Foods, Inc. increases its interest in Plantify Foods, Inc. to 23.13% of its issued and outstanding share capital, becoming Plantify's largest shareholder.
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Save Foods forms majority-owned Israeli subsidiary Nitrousink to combat climate change and foster sustainable agriculture. Save Foods to fund Nitrousink's R&D and commercialization efforts up to $1.2 million over three years. Nitrousink focuses on reducing nitrous oxide (N2O) emissions, a potent greenhouse gas. Recently, groundbreaking results were achieved in identifying bacteria species capable of reducing N2O emissions by 44% and 39%. This discovery offers a potential way to cut N2O emissions in agricultural soil management. Save Foods aims to promote environmentally friendly and economically viable agricultural practices.
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Save Foods, Inc. (NASDAQ: SVFD) announced a partnership with Plantify Foods, Inc. to enhance food sustainability and reduce waste. In exchange for 1,164,374 shares of Save Foods, the company received 30,004,349 shares of Plantify, representing 19.99% of its capital. An 18-month convertible debenture of C$1,500,000 was also issued to Plantify at 8% annual interest. The partnership aims to leverage Plantify’s established retail connections, including KAYCO, to market fresh cuts and berries with Save Foods' treatments that can reduce food waste by over 50%. This collaboration is expected to boost sales opportunities, optimize marketing strategies, and promote eco-friendly practices in the food supply chain. Both companies anticipate operational productivity and market penetration benefits from their joint efforts.

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FAQ

What is the market cap of N2OFF (SVFD)?

The market cap of N2OFF (SVFD) is approximately 4.2M.

What does N2OFF, Inc. specialize in?

N2OFF, Inc. specializes in creating integrated solutions that reduce food waste and improve the safety, freshness, and quality of food from farm to table.

How does N2OFF’s technology work?

N2OFF uses hydrogen peroxide combined with a proprietary blend of food-grade acids to create a temporary protective shield around produce, preventing pathogen development and reducing cross-contamination.

What are the main pathogens N2OFF’s products target?

N2OFF’s products target pathogens such as E. coli, salmonella, and listeria, which are common causes of foodborne illnesses.

Are N2OFF’s solutions environmentally friendly?

Yes, N2OFF’s solutions are eco-friendly and 'green,' ensuring that no toxic residues are left on treated produce, thus supporting sustainability.

What recent achievements has N2OFF made?

N2OFF has expanded its market reach and formed key partnerships in the food industry, promoting the adoption of their innovative solutions.

Why is N2OFF important for the food industry?

N2OFF is crucial for ensuring food safety, reducing wastage, and extending the shelf life of produce, which helps in reducing foodborne illnesses and spoilage.

What are the financial prospects of N2OFF?

N2OFF has shown growth and resilience, with strategic investments and a strong R&D pipeline, making it an attractive proposition for investors.

How does N2OFF contribute to reducing food waste?

N2OFF’s products provide long-lasting protection against pathogens, extending the shelf life of produce and thereby reducing food waste.

Who should be interested in N2OFF’s products?

Stakeholders in the food industry, including producers, suppliers, and retailers, would benefit from N2OFF’s innovative and eco-friendly food safety solutions.

Where can one find more information about N2OFF?

For more information about N2OFF, visit their website or contact their Investor Relations at michal@efraty.com.

N2OFF, Inc.

Nasdaq:SVFD

SVFD Rankings

SVFD Stock Data

4.17M
1.07M
28.11%
2.05%
0.9%
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