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CubicFarm Systems Corp - CUBXF STOCK NEWS

Welcome to our dedicated news page for CubicFarm Systems (Ticker: CUBXF), a resource for investors and traders seeking the latest updates and insights on CubicFarm Systems.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CubicFarm Systems's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CubicFarm Systems's position in the market.

News
CubicFarms Announces the First Feed as a Service (FaaS) Install and Partnership with Plainview Beef Company of Oklahoma
Rhea-AI Summary
CubicFarms' subsidiary, HydroGreen, signs Feed as a Service partnership with Plainview Beef Company, aiming to revolutionize the grass-fed beef market in the US.
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CubicFarms Secures Exclusivity Agreement with Agrotopia Ireland Limited and Expands Presence into Middle East
Rhea-AI Summary
CubicFarms' subsidiary HydroGreen secures exclusive agreements with Agrotopia Ireland and expands into the Middle East, aiming to revolutionize livestock feed production with hydroponic technology, addressing environmental concerns and enhancing food security.
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CubicFarms Announces the Sale of 10 GLS 808 Units HydroGreen's Commercial-Scale Equipment to BoomA Food Group in Australia in Addition to an Exclusivity Partnership with BoomA Food Group for Australia and New Zealand
Rhea-AI Summary
CubicFarms' subsidiary HydroGreen Inc. closes a significant sale with BoomA Food Group in Australia, marking a strategic partnership for sustainable food production.
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CubicFarm Systems Corp. Announces Closing of Final Tranche of Private Placement
Rhea-AI Summary
CubicFarms closes final tranche of non-brokered private placement, raising approximately C$2.06 million. Each Unit consists of one common share and one-half of a common share purchase warrant. John de Jonge, interim CEO, participates in the placement.
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CubicFarm Systems Corp. Announces Extension of Private Placement
Rhea-AI Summary
CubicFarm Systems Corp. announces an extension from the TSX Venture Exchange for the closing of the second tranche of its non-brokered private placement, aiming to raise up to C$2.5 million. Each Unit will include a Common Share and a Warrant, with the Offering Price set at C$0.20 per Unit. The Company plans to close the second tranche soon, allowing investors to acquire Common Shares at C$0.25 per share through the Warrants.
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CubicFarm Systems Corp. Announces Closing of First Tranche of Private Placement
Rhea-AI Summary
CubicFarm® Systems Corp. closes the first tranche of a non-brokered private placement, issuing 4,505,502 Units at C$0.20 per Unit for gross proceeds of approximately C$900,000. The Company plans to issue up to 10,250,000 Units at a price of C$0.20 per Unit, aiming for gross proceeds of up to C$2.5 million. The proceeds will be used for general working capital, debt repayment, and administrative purposes. Insider participation by the interim CEO is disclosed as a related party transaction.
Rhea-AI Impact
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End-of-Day
-36.67%
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CubicFarms Provides Update on HydroGreen's Feed Center in California and Strategic Expansion into Oklahoma
Rhea-AI Summary
CubicFarms' subsidiary HydroGreen Inc. partners with Hansen Industries to construct Feed Centers in California and Oklahoma, in addition to a previously announced demand for 120 tons of fodder per day. The partnership aims to provide high-performance feed additives to the dairy and beef industries, with a focus on long-term health benefits for the animals and value for the producers.
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CubicFarm Systems Corp. Announces Effective Date of Share Consolidation
Rhea-AI Summary
CubicFarm® Systems Corp. announces a consolidation of its common shares on a 1:10 basis, reducing the outstanding shares from 263,163,774 to approximately 26,316,377. The consolidation does not require shareholder approval and will be automatically reflected for electronic shareholders. Paper stock certificate holders will receive a letter of transmittal to exchange their old certificates for new post-consolidation common shares. The consolidation is subject to approval from the TSX Venture Exchange.
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CubicFarm Systems Corp. Announces Share Consolidation
Rhea-AI Summary
CubicFarm Systems Corp. announces the authorization of a consolidation of the Company's common shares, with a ratio of 1 post-consolidation share for every 10 pre-consolidation shares. The Consolidation does not require shareholder approval and will result in approximately 26.3 million common shares issued and outstanding. Shareholders will have their securities adjusted accordingly, and no fractional shares will be issued. The Company's new CUSIP number will be 22968P504 and its new ISIN will be CA22968P5040. Shareholders holding paper stock certificates will be sent a letter of transmittal by Computershare to exchange their old certificates for new post-Consolidation common shares. The Consolidation is subject to approval from the TSX Venture Exchange.
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CubicFarms Announces Sale of HydroGreen's Commercial-Scale Equipment to Pioneering Irish Agricultural Company
Rhea-AI Summary
CubicFarm Systems Corp. (TSXV: CUB) announced that its subsidiary company, HydroGreen Inc., has closed an initial sale to a leading agricultural company based in Dublin, Ireland, with an agreement for HydroGreen to supply an additional four machines for a future sale. This marks a significant development for HydroGreen in extending its market reach internationally, with an immediate emphasis on the European Union. The company's involvement in this market aligns with the EU's focus on enhancing agricultural practices and sustainability. HydroGreen is also focused on domestic initiatives, including constructing feed hub facilities in the US to distribute harvested feed by the ton to surrounding dairy farmers.
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Rhea-AI Sentiment
End-of-Day
132.52%
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CubicFarm Systems Corp

OTC:CUBXF

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CUBXF Stock Data

5.35M
24.41M
0.05%
12.27%
Farm Machinery and Equipment Manufacturing
Manufacturing
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Canada
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