Plantify Foods, Inc. (TSXV: PTFY) has announced the issuance of 171,428 common shares to its Chief Executive Officer, Moshe Revach, as satisfaction of a quarterly consulting entitlement under a previously disclosed agreement. The shares were issued at a deemed price of $0.0875 per share, equating to a total value of $15,000 for the quarter ended September 30, 2026. The transaction follows a consulting agreement originally dated November 7, 2025, and aligns with a prior company update issued in June 2026. Investors in the plant-based food company may be watching how share-based compensation structures affect dilution over time.

Key Points

  • Plantify Foods, Inc. (TSXV: PTFY) is a Toronto, Ontario-based plant-based food company.
  • The company issued 171,428 common shares to CEO Moshe Revach as a quarterly consulting fee payment valued at $15,000.
  • Shares were priced at $0.0875 each, based on the 90-day volume weighted average trading price preceding October 2, 2026; issued shares carry a four-month-plus-one-day hold period.
  • Investors may be watching the ongoing cadence of share-based CEO compensation under the November 2025 consulting agreement.

Consulting Agreement Structure Behind the Share Issuance

The share issuance stems from a consulting agreement dated November 7, 2025, between Plantify Foods and CEO Moshe Revach. Under the terms of that agreement, Revach is entitled to receive $15,000 per quarter, payable in common shares rather than cash. The release states this issuance satisfies the quarterly entitlement for the period from July 1, 2026 to September 30, 2026. The arrangement was previously referenced in a company news release dated June 17, 2026, indicating this is an ongoing compensation mechanism rather than a one-time transaction.

How the Share Price and Quantity Were Calculated

The deemed price of $0.0875 per common share was determined using the 90-day volume weighted average trading price of Plantify Foods' common shares on the TSX Venture Exchange for the 90 trading days immediately preceding October 2, 2026. Dividing the $15,000 quarterly entitlement by that price produced the 171,428 common shares issued to Revach. This methodology ties the number of shares issued directly to recent market trading activity, meaning the share count will vary each quarter depending on the company's trading price performance over the preceding period.

Hold Period and Regulatory Compliance for Issued Shares

In accordance with applicable TSX Venture Exchange policies and Canadian securities laws, all common shares issued to Revach under the consulting agreement are subject to a hold period of four months plus one day from the date of issuance. The TSX Venture Exchange and its Regulation Services Provider have noted they accept no responsibility for the adequacy or accuracy of the release. The immediate share price impact of this announcement was not clear from available public information.