N2OFF Announces Strategic Initiatives Intended to Maximize Shareholder Value
N2OFF, Inc. (NITO)
Company Research
Source: GlobeNewswire
Neve Yarak, Israel, Oct. 02, 2024 (GLOBE NEWSWIRE) -- N2OFF, Inc.\ (NASDAQ: NITO) (FSE:80W) (“N2OFF” or the “Company”), a clean tech company engaged in sustainable solutions for the energy and agri-tech industries, announced today key strategic initiatives approved by its board of directors (the “Board”) that are intended to increase shareholder value. Key Highlights of the Board's Initiatives Spin-off of cleantech activities: N2OFF is considering pursuing a potential spin-off of its cleantech operations - NTWO OFF Ltd. and Save Foods Ltd. – into a separate publicly traded company with the intention of listing that spin-off company on a national exchange. In connection with the potential spin-off, N2OFF intends to maintain a controlling stake of at least 75% ownership in Save Foods Ltd. immediately following such spin-off and will appoint all members of the new entity’s board of directors. The timing and terms of any future dividends or distributions related to the new entity will
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News
- N2OFF Announces Letter of Intent with Ethiopian Federal Agency to Mandate Large-Scale Farmers to Utilize Save Foods' Eco-Friendly Solutions [Yahoo! Finance]Yahoo! Finance
- N2OFF Announces Letter of Intent with Ethiopian Federal Agency to Mandate Large-Scale Farmers to Utilize Save Foods’ Eco-Friendly SolutionsGlobeNewswire
- N2OFF Inc. and Solterra Unlock New Potential for Capacity Expansion in Solar PV ProjectGlobeNewswire
- N2OFF, Inc: Solterra Advances JV Solar PV Project Following Key Zoning Submission in Melz, Germany [Yahoo! Finance]Yahoo! Finance
- N2OFF, Inc: Solterra Advances JV Solar PV Project Following Key Zoning Submission in Melz, GermanyGlobeNewswire
NITO
Sec Filings
- 11/18/24 - Form 8-K
- 11/14/24 - Form 10-Q
- 11/13/24 - Form 8-K
- NITO's page on the SEC website