Happy Belly Signs Definitive Agreement and Closes 50% Buy of Ghost Taco

07:04 AM EDT, 09/14/2026 (MT Newswires) -- Happy Belly Food Group (HBFG.CN) signed a definitive agreement and closed a 50% interest buy in the Ghost Taco fast-casual restaurant chain through a joint venture, with optionality to acquire the remaining 50%, it said in a statement on Monday. The owners of Ghost Taco, an asset light franchised system which has five established real estate locations in Ontario, transferred the IP and other intellectual assets of the Ghost Taco franchised system to the joint venture company (JVCo) at closing, in exchange for 50% of the common shares of JVCo. Shares of the company closed down 2.7% to CA$1.45 on Friday on the Canadian Securities Exchange.