Following a notable previous-session surge of 6.93%, shares of Pluri Inc. (NASDAQ: PLUR) continued to show positive momentum this morning. In the pre-market session, PLUR stock saw a further increase of 1.99%, reaching $6.14. This stock price fluctuation is primarily attributed to the company’s recent announcement of a significant agreement.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Strategic Collaboration for Sustainable Agriculture
Pluri and a leading global agribusiness company have signed a strategic proof of concept (POC) agreement. In order to ensure a more sustainable future for agriculture, this alliance seeks to address global climate change, improve the availability of vegetable products worldwide, and streamline supply networks.
The partnership leverages Pluri’s worldwide reach and market supremacy in vegetables while exploiting Pluri’s vast experience in cellular agriculture and cell-expansion technology.
Impact on Global Food Security and Environmental Sustainability
The anticipated outcomes of this collaboration include a reduction in environmental impact and an enhancement in food security. Pluri’s proprietary 3D cell expansion technology is poised to benefit farmers globally by establishing a more sustainable and high-quality agricultural infrastructure. This initiative is particularly timely as the expanding global population and the effects of climate change necessitate the development of alternative agricultural technologies.
Market Potential and Strategic Vision
Pluri’s new collaboration underscores its strategy of partnering with leading global companies from various industries, each bringing their expertise to the table. This initiative aligns with Pluri’s ongoing commitment to generating revenue through innovative projects, and it holds the potential to positively impact the vegetable market while generating significant shareholder value.
Other Efforts
Additionally, Pluri has recently disclosed key investments in Ever After Foods Ltd., a Pluri subsidiary that provides a state-of-the-art technological platform for the production of produced food with unparalleled, economical scalability. Ever After Foods is a joint venture, primarily owned by Pluri and the Israeli food giant Tnuva Food-Tech Incubator.
Pluri has the sole right to license the use of its technology and intellectual property for the development, production, and marketing of cultured meat through Ever After Foods. With this $10 million fundraising round, Ever After Foods will be able to further develop its scalable and cost-effective technology platform and establish itself as a leading technology enabler.
