Kalera To Go Public On Nasdaq Through Merger With Agrico Acquisition Corp

T-Reuters2022-01-31

Agrico Acquisition Corp:Kalera To Go Public On Nasdaq Through Merger With Agrico Acquisition Corp.All-Stock Transaction Puts Equity Value Of Combined Co At About $375 Million On A Fully Diluted Pro Forma Basis.Agrico Acquisition- Based On Common Stock Of Agrico At $10 Per Share, Transaction Implies An Exchange Ratio Of 0.091 For Existing Kalera Shareholders.Agrico Acquisition Corp- Curtis Mcwilliams To Lead Kalera As Interim Ceo; Current Kalera Management Team Will Continue To Operate The Business.Agrico Acquisition Corp - Kalera Shareholders Will Also Receive One Contractual Contingent Value Right Per Share.Agrico Acquisition - If No Agrico Shareholders Exercise Redemption Rights, Kalera And Agrico Equity Holders Will Own About 52% And 42% Respectively.

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Comments

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    2022-01-31
    Delvin
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    2022-01-31
    iisterry
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    2022-01-31
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    2022-01-31
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    2022-01-31
    VaanWu
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