| FORAFRIC GLOBAL Announces Leadership Transition: New Chairman of the Board Appointed |
CASABLANCA, MOROCCO, April 04, 2025 (GLOBE NEWSWIRE) -- Forafric Global (Nasdaq: AFRI, or the « Company »), a leading vertically integrated agribusiness serving Africa, today announced that Khalid Assari, the CEO of the Company, has been appointed as Chairman of the Board, effective April 4th, 2025. Mr. Assari replaces Mr Saad Bendidi. |
globenewswire.com |
2025-04-04 11:30:00 |
Czytaj oryginał (ang.) |
| Forafric Adopts New Balance Sheet Strengthening Strategy |
Announces Enhanced Focus on Morocco and Soft Wheat through Initiatives to include Divesting Non-Core Assets CASABLANCA, MOROCCO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Forafric Global PLC (Nasdaq: AFRI, or the “Company”), a leading vertically integrated agribusiness serving Africa, today announced that it has adopted a new balance sheet strengthening strategy with a Morocco and soft wheat focus. As part of this initiative, the Company is divesting non-core assets: assets outside of Morocco, durum wheat focused businesses and logistics activities in Morocco. |
globenewswire.com |
2025-02-11 18:15:00 |
Czytaj oryginał (ang.) |
| Forafric Announces Nasdaq Compliance Status |
CASABLANCA, MOROCCO, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Forafric Global PLC (Nasdaq: AFRI, or the “Company”), a vertically integrated agribusiness serving Africa, today announced that on January 14, 2025, it received written notice from the listing qualifications department of The Nasdaq Stock Market (“Nasdaq”) stating that since the Company has not yet filed a Form 6-K containing an interim balance sheet and income statement as of the end of its second quarter (the “Six Month Report”) by December 31, 2024, the Company was not in compliance with Listing Rule 5250 (c) (2) (the “Rule”). |
globenewswire.com |
2025-01-21 09:30:00 |
Czytaj oryginał (ang.) |
| Forafric Announces Plan to Expand with Lease of New Operating Facility; Expects to Increase Crushing Capacity by 600 Tons per Day |
CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI, or “Forafric”), a vertically integrated agribusiness serving Africa, today announced it has entered into a 10-year renewable contract to lease and operate an existing milling facility located in the Meknes-Fes region of Morocco. This marks a significant milestone in the expansion of the Company's milling capabilities and positions Forafric for continued growth. This expansion is expected to increase the Company's milling c. |
businesswire.com |
2024-05-06 12:40:00 |
Czytaj oryginał (ang.) |
| Forafric Provides Business Update |
CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI) (“Forafric”), a vertically integrated agribusiness serving Africa, today provided a business update. Recent Business Highlights Achieved record high crushing volume for the first nine months of 2023, with more than 443,000 Metric Tons (MT) of soft wheat processed in Morocco, its largest market Completed acquisition of 90% of Société Industrielle de Minoterie du Sud (“SIMS”), a soft wheat milling company with primary operat. |
businesswire.com |
2023-12-13 12:30:00 |
Czytaj oryginał (ang.) |
| 3 SPACs From 2022 That Are Actually Really Good Buys Now |
Did you happen to see Barron's recent article that discussed Bill Ackman's desire to take X (formerly Twitter) public through his SPARC (special purpose acquisition rights company), a newer twist to SPACs (special purpose acquisition company)? The traditional SPAC raises money in an IPO (initial public offering) and then takes 12-24 months to find a target to merge with. |
investorplace.com |
2023-10-15 21:03:01 |
Czytaj oryginał (ang.) |
| Forafric Acquires SIMS mill in Marrakesh Increasing Crushing Capacity to More Than 300 Tons per Day |
CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI, or “Forafric”), a vertically integrated agribusiness serving Africa, today announced as part of its strategy to double crushing capacity in Morocco over that next two years, that it has acquired 90% of Société Industrielle de Minoterie du Sud (“SIMS”), a soft wheat milling company with primary operations in Marrakesh. “This acquisition enables us to expand our crushing capacity rapidly by more than 300 tons per day with mi. |
businesswire.com |
2023-07-31 12:00:00 |
Czytaj oryginał (ang.) |