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CASABLANCA, MOROCCO, April 04, 2025 (GLOBE NEWSWIRE) -- Forafric Global (NASDAQ:AFRI, or the « Company »)), a leading vertically integrated agribusiness serving Africa, today announced that Khalid Assari, the CEO of the Company, has been appointed as Chairman of the Board, effective April 4th, 2025. Mr. Assari replaces Mr Saad Bendidi. Mr. Assari has had a long and successful career in agricultural business, holding several senior positions within Caisse de Dépôts (CDG Group). Mr. Assari holds an MBA in finance from Old Dominion University in Norfolk, Virginia, United States. "I am honored to take on the role of Chairman and look forward to working closely with the Board and leadership t
SAN DIEGO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Franklin Wireless Corp. (NASDAQ:FKWL) announces the appointment of Ira Greenstein to the Company's Board of Directors, effective February 17, 2025. "We are pleased to welcome Ira Greenstein to the Company's Board of Directors," said OC Kim, President and CEO of Franklin Wireless. "Ira's extensive legal, corporate, and government experience brings a new depth of knowledge, critical skills in strategic decision-making and governance to the board." Mr. Greenstein is a Founding Partner of the Pierson Ferdinand LLP law firm. He previously served as Deputy Assistant and Strategist to the President during the first Trump Administration. Before his go
Announces Enhanced Focus on Morocco and Soft Wheat through Initiatives to include Divesting Non-Core Assets CASABLANCA, MOROCCO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Forafric Global PLC (NASDAQ:AFRI, or the "Company")), a leading vertically integrated agribusiness serving Africa, today announced that it has adopted a new balance sheet strengthening strategy with a Morocco and soft wheat focus. As part of this initiative, the Company is divesting non-core assets: assets outside of Morocco, durum wheat focused businesses and logistics activities in Morocco. The Company estimates that this divestment program will generate gross proceeds of between 80 and 100 million USD. These divestments will
Forafric Global PLC (NASDAQ:AFRI, or "Forafric"))), a vertically integrated agribusiness serving Africa, today announced as part of its strategy to double crushing capacity in Morocco over that next two years, that it has acquired 90% of Société Industrielle de Minoterie du Sud ("SIMS"), a soft wheat milling company with primary operations in Marrakesh. "This acquisition enables us to expand our crushing capacity rapidly by more than 300 tons per day with minimal capital investment," said Saad Bendidi, Chairman of Forafric. "SIMS has recently been operating at less than 50% capacity due to capital constraints. We are preparing to launch activity during August. Furthermore, this transactio
CASABLANCA, MOROCCO, April 04, 2025 (GLOBE NEWSWIRE) -- Forafric Global (NASDAQ:AFRI, or the « Company »)), a leading vertically integrated agribusiness serving Africa, today announced that Khalid Assari, the CEO of the Company, has been appointed as Chairman of the Board, effective April 4th, 2025. Mr. Assari replaces Mr Saad Bendidi. Mr. Assari has had a long and successful career in agricultural business, holding several senior positions within Caisse de Dépôts (CDG Group). Mr. Assari holds an MBA in finance from Old Dominion University in Norfolk, Virginia, United States. "I am honored to take on the role of Chairman and look forward to working closely with the Board and leadership t
SAN DIEGO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Franklin Wireless Corp. (NASDAQ:FKWL) announces the appointment of Ira Greenstein to the Company's Board of Directors, effective February 17, 2025. "We are pleased to welcome Ira Greenstein to the Company's Board of Directors," said OC Kim, President and CEO of Franklin Wireless. "Ira's extensive legal, corporate, and government experience brings a new depth of knowledge, critical skills in strategic decision-making and governance to the board." Mr. Greenstein is a Founding Partner of the Pierson Ferdinand LLP law firm. He previously served as Deputy Assistant and Strategist to the President during the first Trump Administration. Before his go
SC 13G/A - Forafric Global PLC (0001903870) (Subject)
SC 13G/A - Forafric Global PLC (0001903870) (Subject)
SC 13D - Forafric Global PLC (0001903870) (Subject)
20-F - Forafric Global PLC (0001903870) (Filer)
6-K - Forafric Global PLC (0001903870) (Filer)
6-K - Forafric Global PLC (0001903870) (Filer)