Current Report Filing (8-k)
January 26 2023 - 09:18AM
Edgar (US Regulatory)
false 0001584549 0001584549 2023-01-26
2023-01-26
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 26,
2023
VILLAGE FARMS INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
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Ontario |
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001-38783 |
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98-1007671 |
(State or Other Jurisdiction
of Incorporation)
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(Commission
File No.)
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(IRS Employee
Identification No.)
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4700-80th Street
Delta, British Columbia Canada
(Address of Principal Executive Offices)
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V4K 3N3
(zip code)
(604) 940-6012
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the
Act:
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Title of Each Class
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Trading
Symbol(s)
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Name of Each Exchange
on Which Registered
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Common Shares, without par value |
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VFF |
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The
Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of
1934 (§240.12b-2 of this
chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
Item 7.01 |
Regulation FD Disclosure.
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On January 26, 2023, Village Farms International, Inc. (the
“Company”) issued a press
release (the “Press Release”)
announcing that it has entered into definitive agreements with
certain institutional investors for the purchase and sale of
18,350,000 of its common shares together with warrants to purchase
up to 18,350,000 common shares, pursuant to a registered direct
offering. The common shares and warrants are being sold at a
combined purchase price of US$1.35 per share and accompanying
warrant for expected gross proceeds of approximately
US$25 million, before deducting placement agent fees and other
offering expenses payable by the Company. A copy of the Press
Release is attached hereto as Exhibit 99.1 and is incorporated
herein by reference.
The information contained in this Current Report on Form
8-K, including the attached
Exhibit 99.1, is being furnished pursuant to Item 7.01 of Form
8-K and shall not be deemed
to be “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to
the liabilities of that section. The information contained in this
Current Report on Form 8-K
shall not be incorporated by reference into any filing under the
Securities Act of 1933, as amended, or the Exchange Act, whether
made before or after the date hereof, except as shall be expressly
set forth by specific reference in such a filing.
Item 9.01 |
Financial Statements and Exhibits.
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(d) Exhibits.
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 hereunto duly authorized.
Date: January 26, 2023
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Village Farms International, Inc. |
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By: |
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/s/ Stephen C. Ruffini
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Name: |
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Stephen C. Ruffini |
Title: |
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Executive Vice President and
Chief Financial Officer |
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