genifi inc
TSXV:GNFI

  • LAST PRICE
    0.0100
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    0.0100/ 649
  • Ask / Lots
    0.0150/ 340
  • Open / Previous Close
    0.0000 / 0.0100
  • Day Range
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  • 52 Week Range
    0.0050
    0.0450
  • Volume
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  • May 13, 2024

  • Apr 22, 2024

      Show headlines and story abstract

    • 5:30PM ET on Monday Apr 22, 2024 by CNW Group
      Companies Mentioned: GNFI

      COMTEX_451246449/2669/2024-04-22T17:30:35

    • 5:30PM ET on Monday Apr 22, 2024 by Dow Jones
      Companies Mentioned: GNFI

      Genifi Announces Revisions to Proposed Privatization

      Canada NewsWire

      TORONTO, April 22, 2024

      TORONTO, April 22, 2024 /CNW/ - Genifi inc. (TSXV: GNFI) ("genifi" or the "Company") announced today that the Company has entered into an amended and restated agreement (the "Agreement") with Tom Beckerman in connection with the previously disclosed (see press release dated February 23, 2024) proposal to privatize the Company by way of share consolidation and purchase (the "Transaction"). Pursuant to the Agreement, the Company continues to propose to complete a share consolidation and then compulsorily purchase of all common shares, other than the common shares held by Mr. Beckerman, but the cash consideration has increased from $0.01 per pre-consolidation share to $0.0115 per pre-consolidation common share. The increase to the proposed consideration resulted from updated information resulting from the preparation of the Company's audited annual financial statements for year ended December 31, 2023 as well as updated information provided since the date of the original privatization agreement. Upon completion of the Transaction, Mr. Beckerman is expected to be the sole shareholder of the Company, which will then be delisted from the Exchange.

    • 5:30PM ET on Monday Apr 22, 2024 by Dow Jones
      Companies Mentioned: GNFI

      TORONTO, April 22, 2024 /CNW/ - Genifi inc. (TSXV: GNFI) ("genifi" or the "Company") announced today that the Company has entered into an amended and restated agreement (the "Agreement") with Tom Beckerman in connection with the previously disclosed (see press release dated February 23, 2024) proposal to privatize the Company by way of share consolidation and purchase (the "Transaction"). Pursuant to the Agreement, the Company continues to propose to complete a share consolidation and then compulsorily purchase of all common shares, other than the common shares held by Mr. Beckerman, but the cash consideration has increased from $0.01 per pre-consolidation share to $0.0115 per pre-consolidation common share. The increase to the proposed consideration resulted from updated information resulting from the preparation of the Company's audited annual financial statements for year ended December 31, 2023 as well as updated information provided since the date of the original privatization agreement. Upon completion of the Transaction, Mr. Beckerman is expected to be the sole shareholder of the Company, which will then be delisted from the Exchange.