Save foods, inc. has acquired direct ownership of 30,004,349 common shares of plantify foods, inc.

Neve yarak, israel, april 10, 2023 (globe newswire) -- save foods, inc. (nasdaq: svfd) (fse:80w) (“save foods” or the “company”), an agri-food tech company specializing in eco-crop protection that helps to reduce food waste and ensure food safety while reducing the use of pesticides, today announces that it has acquired (the “acquisition”) direct ownership of common shares (“common shares”) in the capital of plantify foods, inc. (“plantify”) in the amount of 30,004,349 common shares, a company with its head office located at 2264 east 11th avenue, vancouver, british columbia, v5n 1z6, and whose common shares trade on the tsx venture exchange under the symbol “ptfy”, at a purchase price of cad$0.05 per common share, which were acquired in exchange for 1,164,374 shares of common stock of save foods. the acquisition was completed pursuant to a securities exchange agreement between save foods and plantify, dated march 31, 2023.
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