Cooks Global Foods RCN offer to remain open.
Cooks Global Foods (NZAX:CGF) is pleased to advise it will remain open to engaging in discussions with eligible investors interested in subscribing for its Redeemable Convertible Notes (RCNs).
CGF launched a wholesale offer for RCNs towards the end of last year to fund the growth of its Esquires Coffee network, and provide Cooks with working capital. However, CGF ceased actively marketing the RCN offer shortly after the launch, as it entered into funding discussions with its major shareholders Jiajiayue Holding Group Limited (JJY), Cooks Executive Chairman Keith Jackson, and Yunnan Metropolitan Construction Investment Group (YMCI).