BRIEF-Arcadia Biosciences Enters Into Business Combination Agreement with Roosevelt Resources in All-Stock Transaction

Reuters12-05

Dec 5 (Reuters) - Arcadia Biosciences Inc RKDA.O:

ARCADIA BIOSCIENCES $(RKDA)$ ENTERS INTO BUSINESS COMBINATION AGREEMENT WITH ROOSEVELT RESOURCES IN ALL-STOCK TRANSACTION
ARCADIA BIOSCIENCES INC - ROOSEVELT OWNERS TO HOLD 90% OF ARCADIA POST-TRANSACTION
ARCADIA BIOSCIENCES INC - TO CHANGE NAME TO ROOSEVELT RESOURCES POST-TRANSACTION
ARCADIA BIOSCIENCES INC - TONY ROOSEVELT TO SERVE AS CEO OF COMBINED ENTITY

Source text: ID:nBw6BNmTPa

Further company coverage: RKDA.O

((Reuters.Briefs@thomsonreuters.com;))

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