Baron Global Financial Canada Ltd. Early Warning Report
Baron Global Financial Canada Ltd. has acquired 5,714,285 subordinated voting shares of Planet Based Foods Global Inc. (PBFFF) in settlement of a CAD $300,000 debt. The acquisition represents approximately 16.14% of the issuer's outstanding subordinate voting shares, or 16.66% including personal holdings of director David Eaton.
Prior to this transaction, Baron Global Financial held no shares in Planet Based Foods, while David Eaton personally owned 214,200 subordinated voting shares. The acquiror may consider future transactions involving the issuer's securities, subject to market conditions and compliance with securities laws.
Baron Global Financial Canada Ltd. ha acquisito 5.714.285 azioni con diritto di voto subordinato di Planet Based Foods Global Inc. (PBFFF) per estinguere un debito di CAD $300.000. L'operazione rappresenta circa il 16,14% delle azioni con voto subordinato in circolazione dell'emittente, o il 16,66% includendo le partecipazioni personali del direttore David Eaton.
Prima di questa operazione, Baron Global Financial non deteneva azioni di Planet Based Foods, mentre David Eaton possedeva personalmente 214.200 azioni con diritto di voto subordinato. L'acquirente potrebbe valutare future operazioni riguardanti i titoli dell'emittente, in funzione delle condizioni di mercato e nel rispetto delle normative sui valori mobiliari.
Baron Global Financial Canada Ltd. ha adquirido 5.714.285 acciones subordinadas con derecho a voto de Planet Based Foods Global Inc. (PBFFF) para saldar una deuda de CAD $300,000. La adquisición equivale aproximadamente al 16,14% de las acciones subordinadas en circulación del emisor, o al 16,66% si se incluyen las participaciones personales del director David Eaton.
Antes de esta operación, Baron Global Financial no poseía acciones de Planet Based Foods, mientras que David Eaton tenía en propiedad personal 214.200 acciones subordinadas con voto. El adquirente podría considerar futuras transacciones con los valores del emisor, sujetas a las condiciones del mercado y al cumplimiento de la normativa sobre valores.
Baron Global Financial Canada Ltd.는 Planet Based Foods Global Inc. (PBFFF)의 5,714,285주 종속 의결권 주식을 CAD $300,000 부채 상환으로 취득했습니다. 이 취득은 발행회사의 종속 의결권 주식 총수의 약 16.14%에 해당하며, 이사 David Eaton의 개인 보유분을 포함하면 16.66%에 해당합니다.
이번 거래 이전에 Baron Global Financial은 Planet Based Foods의 주식을 보유하고 있지 않았고, David Eaton은 개인적으로 214,200주의 종속 의결권 주식을 보유하고 있었습니다. 인수자는 시장 상황 및 증권법 준수에 따라 향후 해당 발행회사의 증권에 관한 거래를 검토할 수 있습니다.
Baron Global Financial Canada Ltd. a acquis 5 714 285 actions subordonnées avec droit de vote de Planet Based Foods Global Inc. (PBFFF) en règlement d'une créance de 300 000 $ CA. Cette acquisition représente environ 16,14 % des actions subordonnées en circulation de l'émetteur, ou 16,66 % en incluant les avoirs personnels de l'administrateur David Eaton.
Avant cette opération, Baron Global Financial ne détenait aucune action de Planet Based Foods, tandis que David Eaton possédait personnellement 214 200 actions subordonnées avec droit de vote. L'acquéreur pourrait envisager de futures opérations sur les titres de l'émetteur, en fonction des conditions de marché et du respect des lois sur les valeurs mobilières.
Baron Global Financial Canada Ltd. hat 5.714.285 nachrangige stimmberechtigte Aktien von Planet Based Foods Global Inc. (PBFFF) zur Begleichung einer Schuld in Höhe von CAD $300.000 erworben. Die Übernahme entspricht rund 16,14% der ausstehenden nachrangigen stimmberechtigten Aktien des Emittenten bzw. 16,66%, wenn die persönlichen Bestände des Direktors David Eaton mitgerechnet werden.
Vor dieser Transaktion hielt Baron Global Financial keine Anteile an Planet Based Foods, während David Eaton persönlich 214.200 nachrangige stimmberechtigte Aktien besaß. Der Erwerber könnte zukünftige Transaktionen mit Wertpapieren des Emittenten in Betracht ziehen, abhängig von den Marktverhältnissen und unter Einhaltung der Wertpapiergesetze.
- Debt settlement through share issuance improves company's cash position
- Strategic investment increases insider ownership
- Significant share dilution of 16.14% for existing shareholders
- Increased concentration of ownership control
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2025) - Baron Global Financial Canada Ltd. (the "Acquiror"), a company of which David Eaton is a director, announces the filing of an early warning report in connection with the acquisition of 5,714,285 subordinated voting shares (the "Shares") in the capital of Planet Based Foods Global Inc. (the "Issuer") on August 28, 2025 (the "Acquisition") in settlement of outstanding indebtedness.
Prior to the Acquisition, the Acquiror did not hold any securities of the Issue, but its director, David Eaton, owned 214,200 subordinated voting shares in the Issuer, representing a negligible voting interest in the issuer. Upon completion of the Acquisition, the Acquiror beneficially held and/or had control over an aggregate of 5,714,285, representing approximately
The Shares were acquired for the purpose of settling a bona fide debt in the aggregate amount of CAD
This press release is issued pursuant to the early warning requirements of National Instrument 62-104 and National Instrument 62-103, which also require a report (the "Early Warning Report") to be filed with securities regulatory authorities in each of the jurisdictions containing additional information with respect to the foregoing matters. A copy of the Early Warning Report has been filed and is available under the Issuer's SEDAR+ profile at www.sedarplus.ca.
For information please contact:
David Eaton
Tel.: 778-331-2080
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/264421
FAQ
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Who is David Eaton in relation to Planet Based Foods (PBFFF)?
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What are Baron Global Financial's future plans for their Planet Based Foods (PBFFF) shares?
