Board Change • Apr 04
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Director Jason Batista is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 07
ETI Gida Sanayi ve Ticaret A.S. completed the acquisition of TRUBAR Inc. (TSXV:TRBR). ETI Gida Sanayi ve Ticaret A.S. entered into an arrangement agreement to acquire TRUBAR Inc. (TSXV:TRBR) for approximately CAD 180 million on November 23, 2025. Under the terms of the Arrangement Agreement, each shareholder will receive CAD 1.64 per Common Share in cash. Following completion of the Arrangement, the Common Shares will be delisted from the TSXV. In case of termination of transaction, TRUBAR will pay a termination fee of CAD 7.06 million ($5 million).
The transaction is subject to approval of merger agreement by TRUBAR board and shareholders and subject to court approval. The Board of Directors of TRUBAR Inc. formed a special committee for the transaction. The deal has been unanimously approved by the TRUBAR board. The transaction is expected to be completed in the first quarter of 2026. As of January 13, 2026 Trubar. securityholders approve a going private transaction. On January 16, 2026, TRUBAR Inc. announced that the it has obtained a final order from the Supreme Court of British Columbia approving the previously announced plan of arrangement involving 1564128 B.C. Unlimited Liability Company, an affiliate of ETI Gida Sanayi ve Ticaret A.S., pursuant to which, among other things, the ETI will acquire all of the issued and outstanding shares in the capital of the Company. Receipt of the final order will allow TRUBAR to complete the Arrangement, which the parties anticipate completing in the coming weeks upon the completion of the parties closing procedures. On February 3, 2026, it was announced that all conditions precedent to the completion of the Arrangement have been satisfied, except for those conditions precedent that, by their nature, are only capable of being satisfied as of the effective date. The completion of the Arrangement is anticipated to occur on the business day following the deposit of funds required to satisfy the aggregate consideration payable by the Purchaser with the depositary and paying agent in accordance with the Arrangement, which parties anticipate will occur on or about February 5, 2026.
MNP LLP acted as financial advisor and fairness opinion provider for TRUBAR Inc and its special committee. Norton Rose Fulbright Canada LLP acted as legal advisor for TRUBAR Inc and its special committee. Clarus Securities Inc. acted as financial advisor for TRUBAR Inc and its special committee. Timothy Kincaid of Winston & Strawn LLP, and Mario Nigro and John Lee of Stikeman Elliott LLP acted as legal advisors for ETI Gida Sanayi ve Ticaret A.S.
ETI Gida Sanayi ve Ticaret A.S. completed the acquisition of TRUBAR Inc. (TSXV:TRBR) on February 6, 2026. The TRUBAR Common Shares are expected to be delisted from the TSX Venture Exchange at the close of business on or about February 9, 2026. Announcement • Jan 21
SOL Global Investments Corp., Annual General Meeting, Mar 31, 2026 SOL Global Investments Corp., Annual General Meeting, Mar 31, 2026.