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BB1 Acquisition Corp. Announces Dividend-in-Kind of Units of PlantExt Ltd. BB1 or the Dividend ) of 9.2 million units of PlantExt Ltd. ( PlantExt ) held by BB1 ( PlantExt Units ) pro rata to the holders of record of outstanding common shares in the capital of BB1 (the Recipient Shareholders ) as of February 18, 2021 (the Record Date ). The Dividend will be payable upon the earlier of either (i) PlantExt completing a going public transaction, or (ii) August 31, 2022. The PlantExt Units were acquired by the Corporation in connection with a share exchange agreement between the Corporation and PlantExt, pursuant to which PlantExt agreed to reimburse BB1 an aggregate of CAD$125,000 for costs and expenses incurred by BB1 in connection with the terminated three-cornered amalgamation with PlantExt. Each PlantExt Unit is comprised of one common share in the capital of PlantExt (the

Stephen shefskyKostenloser wertpapierhandelNewsfile corpPlantext ltdAcquisition corpRegulation services providerVenture exchangeExchange of the recordCanada revenue agencyPlantext unitsEach plantext unitPlantext shareIncome tax actRecipient shareholdersRecord datePlantext units the corporation