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VGFC - Very Good Food Inc News Story

$0.64 0.0  6.7%

Last Trade - 8:59pm

Sector
Consumer Defensives
Size
Small Cap
Market Cap £52.7m
Enterprise Value £60.7m
Revenue £5.73m
Position in Universe 5717th / 7414

BUZZ-The Very Good Food Company falls on $30 mln direct offering

Fri 15th October, 2021 6:42pm
** U.S.-listed shares of plant-based food technology co
 VGFC.O  fall as much as 23.1% to $1.76 - the lowest in more
than 11 months 
    ** Co prices offering of 15 mln units at $2 per unit
 urn:newsml:reuters.com:*:nBw6GJmlJa
    ** Each unit consists of one common share and half of common
share purchase warrant
    ** VGFC plans to use proceeds for acquisitions within the
plant-based food sector that would add to its earnings 
    ** Alliance Global Partners is lead placement agent, Roth
Capital Partners is co-placement agent for offering
    ** Up to Friday's close, stock had fallen 62.3% YTD 
    
    


 (Reporting by Vansh Agarwal)
 ((Vansh.Agarwal@thomsonreuters.com;))
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