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Happy Belly Food Group Inc HBFGF


Primary Symbol: C.HBFG

Happy Belly Food Group Inc. is a Canada-based consolidator of emerging food brands. The Company is specialized in the growth of consumer food brands. The Company operates through two segments: Consumer Product Goods and Quick Restaurant Services. Its Consumer Product Goods segment consists of two brands, namely, Holy Crap, which produces and sells breakfast cereal and related food products, and Lumber Heads, which produces and sells snack foods. The Company offers its products under these brand names, which are gluten-free, organic, kosher and plant-based. It markets its products through retailers as well as online retailers and its own Website. The Quick Restaurant Services segment includes brands, such as Rosie's Burgers, Heal Lifestyles, Lettuce Love, IQ Foods, Phiro Fresh Greek Grill, JoeyTurks Island Grill, and Via Cibo Restaurants. Rosie's Burgers is a boutique QSR restaurant brand that serves original recipes for smash burgers, poutine, onion rings, milkshakes, and others.


CSE:HBFG - Post by User

Comment by BossCobbon Aug 14, 2021 3:29pm
248 Views
Post# 33706434

RE:How many free shares are we getting?

RE:How many free shares are we getting?The Arrangement will include the transfers of the Assetsto Spinco, and will be subject to Court approval, as wellas approval by the VEGNShareholders at the Meeting. Pursuant to the Arrangement, Plant&Cowill distribute 100% of the Spinco Shares it receives to the VEGNShareholders on a pro ratabasis. The Arrangement will result in VEGN Shareholders receiving one (1) Spinco Share with respect to every one (1) VEGNSharemultiplied by the Conversion Factor. As of the date of this Circular,Plant&Co has 104,357,421VEGN Shares issuedand outstanding, and the Conversion Factor is 0.09582452. If Plant&Co issues more VEGN Shares before the Share Distribution Record Date, the Conversion Factor will change. There will be no change in shareholders holdings in Plant&Co as a result of the Arrangement. The Board has fixed Thursday,July 22, 2021 as the Record Date for determination of persons entitled to receive notice of and to vote at the Meeting.Only VEGN Shareholders of record at the close of business on the RecordDate who either attend the Meeting personally or complete, sign and deliver a form of proxy in the manner and subject to the provisions described herein will be entitled to vote or to have their VEGN Shares voted at the Meeting
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