NEWS IN BRIEF

Nabati Foods gains dual public listing, eyes international markets for its plant-based eggs

By Mary Ellen Shoup

- Last updated on GMT

Photo Credit: Getty Images / Brian Macdonald
Photo Credit: Getty Images / Brian Macdonald

Related tags Nabati Foods plant-based eggs

Nabati Foods joins the Canadian Securities Exchange (CSE) and Frankfurt Stock Exchange (FSE) with an eye towards additional platforms after recently debuting its plant-based liquid egg product in the US through its DTC site.

The company is also pursuing a listing on the OTCQB Venture Market, a United States trading platform operated by the OTC Markets Group in New York to increased visibility within US capital markets. 

However, the deal is subject to satisfying OTCQB eligibility standards and the approval of the OTCQB Markets Group. 

The Canada-based plant-based foods company launched its liquid egg product (made from lupin and pea protein) earlier this year entering major Canadian retailers including Whole Foods and the US market through its direct-to-consumer site. 

“Nabati Plant Eggz are a plant-based liquid egg product that was designed to mimic the same consistency, taste, and texture as you get with traditional chicken eggs,”​​ Nabati Foods CEO Ahmad Yehya said previously, noting that the liquid egg product is cooked exactly the same way as regular chicken eggs and can be used in the same dishes including omelets, quiches, and scrambled eggs.

The company is experiencing widespread demand across several markets outside of North America, noted Yehya. 

“There is significant demand from investors in Europe for plant-based companies like ours, and we are pleased that it will now be easier for those investors to participate in our growth, particularly as we continue to expand our global footprint,”​ said Ahmad Yehya, CEO of Nabati Foods.

“We are extremely optimistic about the burgeoning plant-based food industry and Nabati’s market position within it,”​ added Yehya. 

Related news

Related products

show more

Replacement Isn't the Future. Variety Is.

Replacement Isn't the Future. Variety Is.

Content provided by ADM | 22-Mar-2024 | White Paper

Successfully navigating the intersection of food and technology can help your business meet evolving consumer demands.

Consumer Attitudes on Ultra-Processed Foods Revealed

Consumer Attitudes on Ultra-Processed Foods Revealed

Content provided by Ayana Bio | 12-Jan-2024 | White Paper

Ayana Bio conducted the Ultra-Processed Food (UPF) Pulse survey, offering insight into consumers’ willingness to consume UPFs, as well as the variables...

Future Food-Tech San Francisco, March 21-22, 2024

Future Food-Tech San Francisco, March 21-22, 2024

Content provided by Rethink Events Ltd | 11-Jan-2024 | Event Programme

Future Food-Tech is the go-to meeting place for the food-tech industry to collaborate towards a healthier food system for people and planet.

Palate Predictions: Top Flavor Trends for 2024

Palate Predictions: Top Flavor Trends for 2024

Content provided by T. Hasegawa USA | 08-Jan-2024 | Application Note

As consumers seek increased value and experience from food and beverages, the industry relies on research to predict category trends. Studying trends that...

Related suppliers

Follow us

Products

View more

Webinars