WINNIPEG — Not long ago, Farmers Edge had ambitions of selling its precision agriculture services to thousands of farmers on tens of millions of acres around the globe. The digital agriculture company was expanding into Ukraine, Russia, South America, the United States and other markets from its home base in Western Canada. However, sometime in […] Read more
Tag Archives Farmers Edge
Former investors seek class action lawsuit against Farmers Edge
Plaintiffs allege they received misleading information prior to the company's 2021 IPO
Glacier FarmMedia – Former investors in Manitoba-based ag tech firm Farmers Edge have asked the B.C. Supreme Court to certify a class action lawsuit against the company, former leaders and its main shareholder. Vancouver resident Willson Leung and Ottawa resident Philippe Golin, both identified as former shareholders in Farmers Edge, filed the suit on February […] Read more
Farmers Edge returns to private ownership
Farmers Edge is going private again. The Manitoba-founded ag tech firm has inked a deal with majority shareholder Fairfax Financial Holdings Ltd. to sell all common shares at 35 cents apiece, the company announced late last month. The move comes nearly three years after Farmers Edge’s initial public offering to become a publicly traded company. […] Read more
Farmers Edge aims to take company private
Beleaguered ag-tech firm Farmers Edge is considering an offer to buy back its shares for pennies on the dollar, it announced in a Nov. 16 news release. A non-binding proposal from majority shareholder Fairfax Financial Holdings Limited would see Fairfax acquire all common shares the company doesn’t already own at 25 cents per share. Farmers […] Read more
