Organto Foods Stock Price, News & Analysis

Organto Foods (OTCQB:OGOFF) has successfully closed a non-brokered private placement, raising $8.0 million through the issuance of 16,000,000 units at $0.50 per unit. Each unit includes one common share and a half warrant, with full warrants exercisable at $0.75 for 18 months.

The company will pay finder's fees of $600,000 (7.5%) in cash and issue 1,200,000 warrants. Proceeds will support the growth of Organto's organic and fair-trade fruit and vegetable platform, technology development, working capital, and potential short-term debt repayment.

The securities are subject to a four-month hold period and a twelve-month contractual transfer restriction. The transaction remains subject to TSX Venture Exchange approval.

Organto Foods (OTCQB:OGOFF) has reported its Q2 2025 financial results, marking significant growth with record-breaking quarterly sales of $17.2 million, a 291% increase year-over-year. The company achieved its largest quarterly gross profit of $1.3 million, up 352% from the previous year.

For the six-month period, sales reached $30.8 million, up 241% year-over-year, already surpassing 49% of fiscal 2024's total sales. The company's balance sheet showed notable improvement, with working capital reaching $0.2 million, compared to negative $14.6 million in December 2024. Short-term loans and convertible debentures were reduced to $2.5 million from $12.5 million.

The company is currently closing a non-brokered private placement of 16 million units at $0.50 per unit, with proceeds intended for organic and fairtrade product growth, technology platform development, and working capital requirements.

Organto Foods (OTCQB:OGOFF) has increased its previously announced non-brokered private placement from $7.0 million to $8.0 million due to strong investor demand. The company will now offer up to 16 million units at $0.50 per unit, with each unit consisting of one common share and one-half warrant.

The warrants are exercisable at $0.75 per share for 18 months, with acceleration rights if shares reach $1.00 for ten consecutive trading days. Proceeds will support the growth of Organto's organic and fairtrade fruit and vegetable products, technology platform development, and working capital needs.

Organto Foods Inc. (TSXV:OGO)(OTCQB:OGOFF) has announced the resumption of trading on the OTCQB Venture Market in the United States effective August 5, 2025, under the ticker symbol "OGOFF". The company's shares maintain their DTC eligibility for electronic clearing and settlement in the U.S.

This development is part of Organto's strategic initiative to expand its U.S. investor base and enhance global market visibility. The company aims to eventually uplist to the OTCQX, the highest tier of OTC Markets, as its business evolves. The OTCQB listing, combined with its TSX-V presence, is expected to improve visibility and liquidity for investors.

Organto Foods (OTC:OGOFF) has announced a non-brokered private placement to raise C$7.0 million through the issuance of up to 14 million units at C$0.50 per unit. Each unit includes one common share and one-half warrant, with each full warrant exercisable at C$0.75 for 18 months.

The company may pay finder's fees of up to 7.5% cash commission. The proceeds will support the growth of Organto's organic and fairtrade fruit and vegetable products and technology platform, along with general working capital. The private placement is subject to TSX Venture Exchange approval and includes a four-month hold period plus a twelve-month contractual transfer restriction.

Organto Foods (OTC:OGOFF) has appointed Javier Reyes de la Campa as Co-Chair of the Board of Directors, joining Steve Bromley in this leadership role. Reyes de la Campa, a Harvard Business School alumnus with over 25 years of experience in investing and company building, previously served on Organto's Board from 2015 to 2020.

The company has also granted 125,000 stock options to employees at an exercise price of $0.54 per share with a five-year term, and 1,000,000 restricted stock units to directors with a three-year term. The appointment comes as Organto focuses on accelerating growth and expanding its organic food product offerings.

Organto Foods (OTC:OGOFF) has completed the issuance of 4,380,000 common shares to Jaluca Limited at a deemed price of $0.10 per share. The shares were issued as compensation for Jaluca's corporate finance advisory services in the company's debt restructuring and convertible debentures settlement.

Additionally, the company disclosed details about its 2024 bonus program, with total bonuses of $822,000 to be paid to officers and key personnel. The bonus structure includes 70% in equity ($575,400) and 30% in cash ($246,600), with the equity portion already achieved in 2025 but not yet paid.

Organto Foods (OTC:OGOFF) has successfully closed a C$1.0 million private placement with a strategic investor. The company issued 4,000,000 units at $0.25 per unit, with each unit comprising one common share and one-half warrant.

Each whole warrant allows the purchase of one additional common share at $0.35 until December 26, 2026. The proceeds will be used for general working capital. A finder's fee of $60,000 was paid in connection with the placement. The securities are subject to a hold period until October 27, 2025.

Organto Foods (OTC:OGOFF) held its annual general meeting with strong shareholder participation, as 65,975,601 common shares representing approximately 57.9% of eligible outstanding shares were voted. All matters received over 99% support.

Shareholders elected five directors: Steve Bromley, Peter Damouni, Peter Gianulis, Alejandro Maldonado and Joe Riz. The meeting also approved the appointment of Dale Matheson Carr-Hilton Labonte LLP as the company's independent auditor and approved the continuation of Share Option and Restricted Share Unit Plans.