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Planet Based Foods Global Inc. (PBFFF) pioneers hemp-based sustainable nutrition through innovative plant-powered alternatives. This news hub provides investors and industry observers with essential updates on the company’s progress in reshaping the future of food.
Track all official announcements, including product launches, financial results, and operational developments. Our curated feed ensures you never miss critical information about PBFFF’s advancements in hemp-derived superfoods, strategic partnerships, and compliance milestones.
Key updates include earnings reports, regulatory filings, and innovations in clean-label vegan foods. Whether you’re analyzing market positioning or monitoring sustainable food trends, this resource delivers timely insights directly from primary sources.
Bookmark this page for streamlined access to PBFFF’s evolving story in the plant-based sector. Check regularly for verified updates that matter to stakeholders and eco-conscious consumers alike.
Planet Based Foods Global Inc. (CSE: PBF) (OTC: PBFFF) has completed its strategic reorganization announced on April 2, 2025. The transaction involved transferring all outstanding shares of Planet Based Foods Inc. (PBF) to certain company insiders, resulting in the cancellation of 800,000 multiple voting shares and 600,000 subordinate voting shares.
As part of the deal, PBF transferred its proprietary recipes, trademarks, and intellectual property assets to the Company in exchange for forgiving $5.5 million in intercompany debt and receiving an exclusive U.S. license for the IP use with a revenue-based royalty structure.
The reorganization led to significant leadership changes: Ted Cash was appointed as CEO and interim CFO, while Braelyn Davis (former CEO), Robert Davis (former CIO), James Harris, and Gregory Maselli stepped down from their respective positions.
Planet Based Foods Global Inc. (CSE: PBF) (OTC: PBFFF) has announced a strategic reorganization through a Share Purchase Agreement with its wholly-owned subsidiary, Planet Based Foods Inc. The company will transfer all subsidiary shares to Purchasers Braelyn Davis, Robert Davis, and Ted Cash in exchange for their company securities.
Key aspects of the reorganization include:
- Cancellation of 800,000 multiple voting shares and 600,000 subordinate voting shares
- Transfer of intellectual property from subsidiary to parent company for $5.5 million in debt forgiveness
- Exclusive U.S. license granted to subsidiary for IP use in exchange for royalties
- Leadership changes including resignations of Braelyn Davis, James Harris, and Gregory Maselli from the board
The transaction, expected to close in April 2025, is subject to various closing conditions and regulatory requirements under MI 61-101.
Planet Based Foods has released a bi-weekly status update regarding its Management Cease Trade Order (MCTO) issued by the British Columbia Securities Commission (BCSC). The MCTO, applied for due to delays in filing the company's audited annual financial statements for the year ending December 31, 2023, prevents the CEO and CFO from trading the company's securities but does not restrict public shareholders. The MCTO will stay in effect until two days after all required filings are submitted. The company expects to complete the audit and file these documents by July 12, 2024. Since the initial announcement on May 2, 2024, there have been no significant changes or additional defaults, and the company continues to comply with NP 12-203 guidelines.
Planet Based Foods Global, trading under the ticker PBFFF, has issued a bi-weekly update concerning a Management Cease Trade Order (MCTO) obtained from the British Columbia Securities Commission (BCSC). The MCTO, initially applied for on May 1, 2024, restricts trading by the company's CEO and CFO but does not impact public trading. The order was due to delays in filing audited financial statements for the year ending December 31, 2023. The company aims to complete these filings by June 28, 2024. There have been no material changes or failures in fulfilling obligations since the initial announcement on May 2, 2024.
Planet Based Foods Global, a company offering hemp-based food alternatives, issued an update regarding a management cease trade order (MCTO) from the British Columbia Securities Commission (BCSC). This order was requested due to delays in submitting audited annual financial statements for the year ending December 31, 2023. The MCTO, effective May 1, 2024, restricts trading by the CEO and CFO but not by other shareholders. The company expects to complete the necessary filings by June 28, 2024. No new material changes or defaults have occurred since the initial announcement. Regular bi-weekly updates will continue until the filings are complete.
Planet Based Foods has completed a non-brokered private placement of subordinate voting shares at $0.10 per share, raising CAD $1,000,000. The funds will be used for general working capital and corporate purposes. The issued securities will be subject to a four-month and one day hold period as per securities laws.
Planet Based Foods (CSE: PBF, OTC Pink: PBFFF, FSE: AZ00) has announced a non-brokered private placement of subordinate voting shares at $0.10 per share, aiming to raise CAD $1,000,000. Coenda Investments Holding Corp. will purchase all shares, resulting in Coenda holding 49% of the company's issued shares. This transaction is exempt from security holder approval due to the company's serious financial difficulty. Proceeds will be used for general working capital and corporate purposes. The offering is expected to close on May 31, 2024, pending necessary approvals.
Planet Based Foods Global Inc. announces a delay in filing its audited annual financial statements due to issues with external auditors, setting a new deadline for June 28, 2024. The Company has applied for a management cease trade order and received an extension to complete a private placement offer. Despite the delay, there is no undisclosed material information.
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