Organto Foods Inc. Announces Prepayment of Convertible Notes
Organto Foods (OTCQX:OGOFF) announced completion of the prepayment of all outstanding 10% convertible notes totaling CDN $2,340,850, plus accrued interest of CDN $206,829, as of November 17, 2025.
The company provided 30 days' notice on October 24, 2025, offered noteholders conversion at $0.60 per share, and reports that 100% of holders elected cash instead of conversion. The prepaid debentures had scheduled maturities through March 2027 and included force-conversion terms at $0.90 for ten consecutive trading days.
Management says the action removes potential dilution and debt service costs to improve capital structure, flexibility, and cash flow as Organto pursues growth in its global organic and fairtrade foods platform.
Organto Foods (OTCQX:OGOFF) ha annunciato il completamento del prepagamento di tutti i prestiti convertibili in essere al tasso del 10% per un totale di CDN $2,340,850, più gli interessi maturati di CDN $206,829, al 17 novembre 2025.
La società ha fornito un preavviso di 30 giorni il 24 ottobre 2025, ha offerto agli obbligazionisti la conversione a $0,60 per azione, e riferisce che il 100% dei portatori ha scelto la liquidità invece della conversione. I debentures prepagati avevano scadenze che andavano da ora fino a marzo 2027 e comprendevano condizioni di conversione forzata a $0,90 per dieci giorni consecutivi di negoziazione.
La direzione afferma che l'azione riduce potenziali diluizioni e costi di servizio del debito per migliorare la struttura del capitale, la flessibilità e la liquidità mentre Organto persegue la crescita della sua piattaforma globale di cibi biologici e del commercio equo e solidale.
Organto Foods (OTCQX:OGOFF) anunció la finalización del prepago de todas las notas convertibles pendientes al 10% por un total de CDN $2,340,850, más intereses devengados de CDN $206,829, a fecha del 17 de noviembre de 2025.
La compañía notificó con 30 días de antelación el 24 de octubre de 2025, ofreció a los tenedores de las notas la conversión a $0,60 por acción, e informa que el 100% de los tenedores eligió efectivo en lugar de la conversión. Las pagarés prepagados tenían vencimientos hasta marzo de 2027 e incluían cláusulas de conversión forzada a $0,90 durante diez días de negociación consecutivos.
La gerencia afirma que la operación elimina la dilución potencial y los costos de servicio de la deuda para mejorar la estructura de capital, la flexibilidad y el flujo de caja mientras Organto impulsa el crecimiento de su plataforma global de alimentos orgánicos y de comercio justo.
Organto Foods (OTCQX:OGOFF)은 미지급 10% 전환사채의 선상 전액 조기상환을 완료했다고 발표했습니다. 총액은 CDN $2,340,850, 이자 누적액은 CDN $206,829로 2025년 11월 17일 기준입니다.
회사는 2025년 10월 24일에 30일 간의 예고를 제공했고, 채권자에게 주당 $0,60의 전환을 제시했으며, 채권자 중 100%가 현금을 선택해 전환하지 않았다고 보고합니다. 선상 조기상환된 채권은 2027년 3월까지 만기가 예정되어 있었고, 연속 10거래일 동안 $0,90의 강제전환 조항이 포함되어 있었습니다.
경영진은 이 조치가 잠재적 희석과 부채서비스 비용을 제거해 자본구조, 유연성, 현금흐름을 개선하고 Organto가 글로벌 유기농 및 공정무역 식품 플랫폼에서의 성장을 추진하는 데 도움이 된다고 말합니다.
Organto Foods (OTCQX:OGOFF) a annoncé l’achèvement du prépaiement de toutes les obligations convertibles en circulation au taux de 10%, pour un total de CDN $2,340,850, plus les intérêts courus de CDN $206,829, en date du 17 novembre 2025.
La société a donné un préavis de 30 jours le 24 octobre 2025, a offert la conversion aux porteurs d’obligations à $0,60 par action et indique que 100% des porteurs ont opté pour l’argent plutôt que pour la conversion. Les debentures prépayées avaient des maturités prévues jusqu’en mars 2027 et incluaient des conditions de conversion forcée à $0,90 pendant dix jours de négociation consécutifs.
La direction indique que cette action élimine les éventuelles dilutions et les coûts de service de la dette afin d’améliorer la structure du capital, la flexibilité et le flux de trésorerie pendant qu’Organto poursuit la croissance de sa plateforme mondiale d’aliments biologiques et équitables.
Organto Foods (OTCQX:OGOFF) gab die Fertigstellung der Vorauszahlung aller ausstehenden 10%-Wandelschuldverschreibungen bekannt, insgesamt CDN $2,340,850, zuzüglich aufgelaufener Zinsen von CDN $206,829, Stand 17. November 2025.
Das Unternehmen hatte am 24. Oktober 2025 eine 30-tägige Frist gesetzt, den Gläubigern eine Umwandlung zu $0,60 pro Aktie anzubieten, und berichtet, dass 100% der Inhaber Bargeld statt der Umwandlung gewählt haben. Die vorab fällig werdenden Anleihen hatten Fälligkeiten bis März 2027 und enthielten eine Zwangwandlungsklausel bei $0,90 für zehn aufeinanderfolgende Handelstage.
Das Management erklärt, dass die Maßnahme potenzielle Verwässerung und Zinsdienstkosten beseitigt, um die Kapitalstruktur, Flexibilität und den Cashflow zu verbessern, während Organto das Wachstum seiner globalen Plattform für Bio- und Fair-Trade-Lebensmittel vorantreibt.
Organto Foods (OTCQX:OGOFF) أعلنت إتمام السداد مقدمًا لجميع السندات القابلة للتحويل المستحقة بنسبة 10% بإجمالي CDN $2,340,850، بالإضافة إلى الفوائد المتراكمة CDN $206,829، حتى 17 نوفمبر 2025.
قدمت الشركة إشعارًا مسبقًا بمدة 30 يومًا في 24 أكتوبر 2025، وعرضت على حَمَلة السندات التحويل عند $0.60 للسهم، وتفيد بأن 100% من الحامليْن اختاروا النقد بدلاً من التحويل. كانت السندات المدفوعة مقدمًا تستحق في المواعيد حتى مارس 2027 وشملت شروط تحويل قسرية عند $0.90 لمدة عشرة أيام تداول متتالية.
تقول الإدارة أن هذا الإجراء يزيل احتمال التخفيف أو تكاليف خدمة الدين من أجل تحسين هيكل رأس المال والمرونة والتدفق النقدي بينما تسعى Organto للنمو في منصتها العالمية للأطعمة العضوية والتجارة العادلة.
- Principal repaid of CDN $2,340,850
- Accrued interest paid of CDN $206,829
- Removes conversion risk at $0.60 per share
- Eliminates scheduled maturities through March 2027
- Immediate cash outflow for principal and interest paid
- Uses cash resources that could fund operations or investments
Optimizes Capital Structure and Financial Flexibility
VANCOUVER, BC AND BREDA, NETHERLANDS / ACCESS Newswire / November 17, 2025 / Organto Foods Inc. (TSX-V:OGO)(OTCQX:OGOFF)(FSE:OGF0) ("Organto" or the "Company"), is pleased to announce that it has completed the previously announced prepayment of all outstanding
As previously announced on October 24, 2025, the Company provided 30 days' notice to holders of the convertible notes of its intention to prepay the outstanding notes, including all interest accrued through November 24, 2025. During the notice period, debenture holders had the option to convert their notes at a conversion price of
The prepaid convertible notes were originally scheduled to mature in tranches through March 2027, with
"The proactive prepayment of these convertible notes is a key part of our broader financing strategy," said Steve Bromley, Co-Chair and CEO of Organto Foods Inc. "By removing the potential dilution and debt service costs related to these convertible securities, we believe we are positioning our business for greater flexibility and improved cash flow as we execute on plans to continue to advance our global organic and fairtrade foods platform. This action reflects our confidence in our business, our commitment to sustainable growth, and our focus on the creation of long-term shareholder value."
ON BEHALF OF THE BOARD
Steve Bromley
Co-Chair and CEO
For more information, contact:
John Rathwell, Senior Vice President Corporate Development
647 629 0018
info@organto.com
ABOUT ORGANTO
Organto is an integrated provider of branded, private label, and distributed organic, fairtrade and non-GMO fruit and vegetable products using a strategic asset-efficient business model to serve a growing socially responsible and health-conscious consumer around the globe. Organto's business model is rooted in its commitment to sustainable business practices focused on environmental responsibility and a commitment to the communities where it operates, its people, and its shareholders.
FORWARD LOOKING STATEMENTS
This news release may include certain forward-looking information and statements, as defined by law, including, without limitation, Canadian securities laws and the "safe harbor" provisions of the US Private Securities Litigation Reform Act ("forward-looking statements"). In particular, and without limitation, this news release contains forward-looking statements respecting the completion of the prepayment of the Convertible notes and accrued interest; Organto's belief that by removing the potential dilution and debt service costs related to these convertible securities, the Company is better positioned for greater flexibility and improved cash flow as it executes on plans to continue to advance its global organic and fairtrade foods platform; and Organto's belief that this action reflects its confidence in its business, its commitment to sustainable growth, its focus on the creation of long-term shareholder value. . Forward-looking statements are based on several assumptions that may prove to be incorrect, including, without limitation, the assumption that the timing and completion of the prepayment of the Convertible Notes (including payment of principal and interest), the anticipated elimination of dilution risk, the expectation that the remaining debt will be fully discharged by year-end. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in forward-looking statements in this news release include, among others, regulatory risks including related to market volatility and economic conditions; risks related to unforeseen delays; and risks that necessary financing will be unavailable when needed. For further information on these and other risks and uncertainties that may affect the Company's business, see the "Risks and Uncertainties" and "Forward-Looking Statements" sections of the Company's annual and interim management's discussion and analysis filings with the Canadian securities regulators, which are available under the Company's profile at www.sedarplus.ca. Except as required by law, Organto does not assume any obligation to release publicly any revisions to forward-looking statements contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
SOURCE: Organto Foods, Inc.
View the original press release on ACCESS Newswire
FAQ
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