Goodfood Market Corp. will issue common shares to repay debentures, strengthening balance sheet

From GlobeNewswire: 2025-03-24 07:35:00

Goodfood Market Corp. will issue 19,271,032 common shares to holders of outstanding debentures worth $6.232 million, reflecting efforts to strengthen the balance sheet. The shares will be issued at a price of approximately $0.32. Goodfood is Canada’s leading online meal solutions company, delivering fresh and sustainable meals nationwide. The company connects partner farms and suppliers directly to customers’ kitchens to reduce food waste and retail overhead. Goodfood is headquartered in Montreal, Quebec, with production facilities in Quebec and Alberta. The issuance of shares is part of the company’s strategy to pursue value-creating opportunities and maintain liquidity.



Read more at GlobeNewswire: Goodfood Confirms Common Share Repayment Right in Respect