Sire Bioscience Acquires PlantFuel, Inc.
March 12, 2021
Sire Bioscience Inc. (CSE:SIRE) completed the acquisition of Denver-based PlantFuel, Inc. effective March 12, 2021, issuing 65,000,000 common shares as consideration and retaining PlantFuel as a wholly-owned subsidiary. Concurrently, Sire completed a non-brokered private placement raising approximately CAD 3.514 million, with Plant & Co Brands Ltd. and Eat Beyond Global Holdings Inc. participating as strategic investors.
- Buyers
- Sire Bioscience Inc.
- Targets
- PlantFuel, Inc.
- Sellers
- Shareholders of PlantFuel
- Industry
- Food & Beverage
- Location
- Colorado, United States
- Transaction Type
- Buyout
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