Forafric Global to sell Portugal unit for US$1,400,000

Forafric Agro Industries Limited, in line with its restructuring plan, entered into a Share and Credit Purchase Agreement with Mr. Farid Rehmani to sell 100% of the share capital of Forafric Portugal for total consideration of US$1,400,000.

Rhea-AI Filing Summary

Forafric Agro Industries Limited, in line with its restructuring plan, entered into a Share and Credit Purchase Agreement with Mr. Farid Rehmani to sell 100% of the share capital of Forafric Portugal for total consideration of US$1,400,000.

The sale remains subject to customary conditions precedent, including the establishment of an escrow arrangement for the purchase price. Closing is expected to occur by execution of a public deed before a Portuguese notary no later than November 3, 2026.

Key Figures

Sale consideration: US$1,400,000 Stake sold: 100% of share capital Agreement date: July 13, 2026 +1 more

4 metrics

Sale consideration US$1,400,000 Total consideration for the sale of 100% of the share capital of Forafric Portugal

Stake sold 100% of share capital Equity interest in Forafric Portugal to be transferred to Mr. Farid Rehmani

Agreement date July 13, 2026 Date Forafric Agro Industries Limited entered into the Share and Credit Purchase Agreement

Expected closing deadline November 3, 2026 Latest date for closing via public deed before a Portuguese notary

Key Terms

Share and Credit Purchase Agreement, conditions precedent, escrow arrangement, public deed

4 terms

Share and Credit Purchase Agreement regulatory

"entered into a Share and Credit Purchase Agreement with Mr. Farid Rehmani"

conditions precedent regulatory

"subject to customary conditions precedent, including the establishment of an escrow"

Conditions precedent are the specific tasks, approvals, or facts that must be satisfied before a contract or transaction becomes effective or a payment is made. Think of them as a checklist you must complete before turning the key on a new machine; if items are missing the deal can be delayed, renegotiated, or canceled. Investors watch these conditions because they determine timing, completion risk, and whether expected benefits will actually occur.

escrow arrangement financial

"including the establishment of an escrow arrangement for the purchase price"

public deed regulatory

"Closing is expected to occur through the execution of a public deed before a Portuguese notary"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did Forafric Global PLC (AFRI) report in July 2026?

Forafric reported that its subsidiary Forafric Agro Industries Limited agreed to sell 100% of Forafric Portugal to Mr. Farid Rehmani for US$1,400,000, under a Share and Credit Purchase Agreement linked to the group’s restructuring plan.

Who is buying Forafric Portugal from Forafric Global PLC (AFRI)?

Forafric Portugal is being sold to Mr. Farid Rehmani. The seller is Forafric Agro Industries Limited, which agreed to transfer 100% of the share capital of Forafric Portugal under a Share and Credit Purchase Agreement.

How much is AFRI receiving for the sale of Forafric Portugal?

The agreement sets total consideration of US$1,400,000 for the sale of 100% of the share capital of Forafric Portugal. This amount is tied to customary closing conditions, including establishment of an escrow arrangement for the purchase price.

When is AFRI’s sale of Forafric Portugal expected to close?

Closing is expected no later than November 3, 2026, through execution of a public deed before a Portuguese notary. Completion remains subject to customary conditions precedent, including setting up an escrow arrangement for the purchase price.

What conditions must be satisfied before AFRI completes the Forafric Portugal sale?

Completion is subject to customary conditions precedent, including the establishment of an escrow arrangement for the purchase price. Only after these conditions are met is closing expected to occur via a public deed before a Portuguese notary.

How does the Forafric Portugal sale relate to AFRI’s strategy?

The agreement to sell Forafric Portugal is described as being in line with a restructuring plan of Forafric Agro Industries Limited. This links the divestment to an ongoing effort to reshape or reorganize the group’s business structure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 07/16/2026 - 04:28 PM EDT Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2026

Commission File Number: 001-41416

Forafric Global PLC

Unit 5.3, Madison Building, Midtown

Queensway, Gibraltar GX11 1AA

011 350 20072505

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

On July 13, 2026, in line with its restructuring plan, Forafric Agro Industries Limited entered into a Share and Credit Purchase Agreement with Mr. Farid Rehmani for the sale of 100% of the share capital of Forafric Portugal, for a total consideration of US$1,400,000. The transaction remains subject to customary conditions precedent, including the establishment of an escrow arrangement for the purchase price. Closing is expected to occur through the execution of a public deed before a Portuguese notary no later than November 3, 2026.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Forafric Global PLC
Date: July 16, 2026	By:	/s/ Julien Benitah
	Name:	Julien Benitah
	Title:	Chief Financial Officer