Spring Valley Announces Shareholder Approval of Business Combination with AeroFarms. Found inside – Page iCombining solid scholarship with engaging images of the gardens and stories of their makers, this book sheds new light on the value of urban open space. AeroFarms, a certified B Corporation in vertical farming, has entered into an agreement and plan of merger with Spring Valley Acquisition Corp New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Spring Valley Acquisition Corp. (NASDAQ: SV) and AeroFarms is fair to Spring Valley shareholders. Information concerning the interests of Spring Valley’s participants in the solicitation, which may, in some cases, be different than those of their stockholders generally, will be set forth in the proxy statement/prospectus relating to the business combination when it becomes available. With the support of Spring Valley, we not only have the capital in place to execute our plan, but also a sponsor who shares the same ESG philosophies to make a positive impact on the world, while serving the interests of our shareholders.”. The market share of large-scale farms was estimated at $3.3 billion by Precedence Research in 2020 and is anticipated to increase nearly ten-fold, reaching . There may be additional risks that neither Spring Valley nor AeroFarms presently know, or that Spring Valley nor AeroFarms currently believe are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. The deal is expected to produce $357 million in gross proceeds : $232 million of cash in trust from Spring Valley and $125 million through a fully committed public investment in private equity (PIPE). Spring Valley Acquisition shareholders voted in favor to merge with AeroFarms, however, the SPAC said due to redemptions it has not met the minimum cash … The cookie is used to store the user consent for the cookies in the category "Analytics". This cookie is set by GDPR Cookie Consent plugin. Found insideIn Lost Feast, food expert Lenore Newman sets out to look at the history of the foods we have loved to death and what that means for the culinary paths we choose for the future. Read more. The book also features a unique design that makes it delightful to experience, easy to digest, and fun to share. Spring Valley Acquisition Corp. All statements, other than statements of present or historical fact included in this press release, including those regarding Spring Valley's proposed acquisition of AeroFarms and the Special . On March 26, 2021, AeroFarms announced a definitive business combination agreement with Spring Valley Acquisition Corp. (Nasdaq: SV ). Indoor vertical farming company, AeroFarms, has entered an agreement to merge with Spring Valley Acquisition Corp to become a publicly traded company on the NASDAQ … Spring Valley Announces Shareholder Approval of Business Combination with AeroFarms. However … Strategic trends that will influence business, government, education, media and society in the coming year. NEWARK, N.J.–(BUSINESS WIRE)–AeroFarms, a certified B Corporation and leader in vertical farming, announced today it has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Spring Valley Acquisition Corp. (Nasdaq: SV) (“Spring Valley”), a special purpose acquisition company. Found insideDecoding the World is a buddy adventure about the quest to live meaningfully in a world with such uncertainty. It starts with Po Bronson coming to IndieBio. However … Spring Valley and AeroFarms are pursuing . Spring Valley and its directors and officers may be deemed participants in the solicitation of proxies of Spring Valley’s shareholders in connection with the proposed business combination. AeroFarms, the vertical farming company, agreed to go public through a merger with blank-check firm Spring Valley Acquisition Corp. Spring Valley Acquisition Corp. Spring Valley’s sponsor is supported by Pearl Energy Investment Management, LLC, a Dallas, Texas based investment firm that focuses on partnering with best-in-class management teams to invest in the North American energy industry. AeroFarms, the World Leader in Indoor Vertical Farming, to Become Publicly Traded Company through Combination with Spring Valley Acquisition Corp. Spring Valley … Found inside – Page iPrecision Agriculture Basics also features a stunning video glossary including interviews with agronomists on the job and in the field. AeroFarms is set to go public after announcing Friday a merger with special purpose acquisition company Spring Valley Acquisition Corp. in a deal valued at $1.2 billion. Nourished Planet illustrates what our global food system can be - a collection of the smartest ideas to nourish us all. July 28, 2021 - 8:00 am. The deal is expected to provide the indoor vertical farming company with … The deal with the special purpose acquisition company gives the combined entity an equity value of about $1. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political, and legal conditions; the inability of the parties to successfully or timely consummate the proposed transaction, including the risk that any regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed transaction or that the approval of the stockholders of Spring Valley or AeroFarms is not obtained; failure to realize the anticipated benefits of the proposed transaction; risks relating to the uncertainty of the projected financial information with respect to AeroFarms; risks related to the expansion of AeroFarms’ business and the timing of expected business milestones; the effects of competition on AeroFarms’ business; the ability of Spring Valley or AeroFarms to issue equity or equity-linked securities or obtain debt financing in connection with the proposed transaction or in the future, and those factors discussed in Spring Valley’s final prospectus dated November 25, 2020 under the heading “Risk Factors,” and other documents Spring Valley has filed, or will file, with the SEC. 08/20/2021 16032. The cookies is used to store the user consent for the cookies in the category "Necessary". NEWARK, N.J.-AeroFarms, a certified B Corporation and leader in vertical farming, announced today it has entered into an Agreement and Plan of Merger (the "Merger Agreement") with Spring Valley Acquisition Corp. (Nasdaq: SV) ("Spring Valley"), a special purpose acquisition company. Spring Valley Announces Shareholder Approval of Business Combination with AeroFarms. This book will be of interest to university instructors, advanced undergraduate students, graduate students, and researchers in the fields of geography, architecture, engineering and urban planning. Our objective is to acquire a privately held business that can benefit from our financial acumen, operational expertise and industry network to grow into a leading publicly traded […] If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Upon closing of the transaction, AeroFarms will become publicly traded on Nasdaq under the new ticker symbol "ARFM". Neither the press release nor the SPAC’s subsequent 8-K filing included redemption figures, although cash-ins must have been substantial for the SPAC to fall short of the minimum requirement. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. These cookies track visitors across websites and collect information to provide customized ads. However, the minimum cash requirement in the . The transaction values the combined company at a fully diluted pro forma equity value of approximately $1.2 billion. ET. While Spring Valley may pursue an initial business combination target in any business or industry, it is targeting companies focusing on sustainability, including clean energy and storage, smart grid/efficiency, environmental services and recycling, mobility, water and wastewater management, advanced materials and technology enabled services. Spring Valley reported that all of the proposals related to . Subject Company: Spring Valley Acquisition Corp. Commission File No. Spring Valley disclosed last week that there were enough votes to approve the merger, but noted that closing conditions had not been satisfied.Announced in March, the original terms of the deal called for AeroFarms to receive $357 million, including a $125 million PIPE. Found insideEmpires of Food brilliantly recounts the history of cyclic consumption, but it is also the story of the future; of, for example, how a shrimp boat hauling up an empty net in the Mekong Delta could spark a riot in the Caribbean. AeroFarms, a Certified B Corporation and leader in indoor vertical farming, and Spring Valley Acquisition Corp. (Nasdaq: SV) ("Spring Valley"), a publicly … Spring Valley and AeroFarms anticipate that subsequent events and developments will cause Spring Valley's and AeroFarms' assessments to change. Upon the closing of the business combination, AeroFarms will . This book provides an 'off' switch, helping readers apply an automatic mental filter to the incoming cacophony, to filter out only what they can use for smarter money moves. Found inside – Page iiiThis book explores microbial lifestyles, biochemical adaptations, and trophic interactions occurring in extreme environments. By summarizing the latest findings in the field it provides a valuable reference for future studies. Found insideThis book bridges a gap in the literature by bringing together leading specialists from different backgrounds. It addresses the specific need for a readable book on this very interdisciplinary and new topic at research level. Spring Valley Acquisition Corp. ("Spring Valley") (Nasdaq: SV … AeroFarms, a Certified B Corporation and leader in indoor vertical farming, and Spring Valley Acquisition Corp. (NASDAQ:SV) ("Spring Valley"), a publicly traded special purpose acquisition company . Company Name: Spring Valley Acquisition Corp, Stock Symbol: SV, Industry: Food - Processing and Agriculture, Total Posts: 10, Last Post: 9/1/2021 1:01:45 AM Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. 10:00 a.m., Eastern Time, on August 30, 2021, Spring Valley Announces Postponement of Extraordinary Meeting of Stockholders, AeroFarms and Spring Valley Acquisition Corp. Praise for The Gone Fishin' Portfolio "Sometimes great ideas come in small packages. This is one of them. The Gone Fishin' Portfolio is easy to implement and has beaten the S&P 500 year after year.
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