Vancouver, British Columbia – TheNewswire – December 11, 2024 – Plantify Foods, Inc. (TSXV: PTFY) (“Plantify Foods” or the “Company“) reports that its wholly owned subsidiary, Peas of Bean Ltd. (“POB”), has filed a request (file number 28001/12/24) (the “Request”) with the district court of Nof Hagalil-Nazareth, Israel (the “Court”) to open proceedings in accordance with the Insolvency and Economic Rehabilitation Law (2018). The Request is for:
1. an order to initiate proceedings for the purpose of liquidation; and
2. an order for the appointment of a trustee for POB from the list of trustees of the commissioner at the discretion of the Court.
POB has facilities in Kibbutz Gonen,…
