Nabati Foods (MEAL) has received approval to list its common shares on the Canadian Securities Exchange.
The company's shares will commence trading on the CSE on October 4, 2021, under the symbol MEAL.
“We are very pleased to announce Nabati Foods’ listing onto the CSE,” said CEO, COO and Director, Ahmad Yehya. “We are extremely optimistic about the burgeoning plant-based food industry and Nabati’s market position within it.”
The company granted 4,509,390 incentive stock options to directors, officers, employees and consultants in accordance with the Company’s stock option plan. The options have an exercise price of $0.50 and are exercisable for a period of five years from the listing date. Nabati has also awarded 500,000 restricted stock units to a director of the company.
Nabati Foods (MEAL) is a food technology company offering whole, natural, plant-based, gluten and soy-free foods for health-conscious consumers.
Nabati Foods Global Inc. (MEAL) is trading at C$0.80 per share at 10:05 am.