Freight farms stock

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Freight farms valuation

Click here for a guide on disabling your adblocker. Freight Farms and Agrinam previously announced that they had entered into a letter of intent in respect of the Business Combination on September 7, Through this transaction, we believe we will be sufficiently funded to continue to execute our global growth strategy and meet accelerating customer demand by fulfilling our order backlog.

This combination and the associated funding will allow us to continue to improve on our state-of-the-art technologies and deliver on our mission to democratize access to food for both for-profit and not-for-profit customers around the world," said Rick Vanzura, CEO of Freight Farms. Freight Farms is poised to deepen its already significant penetration in North America while expanding globally with its compelling products and technological capabilities," said Agustin Tristan Aldave, CEO of Agrinam.

Zach Morse, a Freight Farms board member and Senior Analyst at Ospraie Ag Science, Freight Farms' largest investor, said, "This agtech innovator has demonstrated significant revenue traction, and we believe Freight Farms has built scale meaningfully greater than its next largest direct competitor. Following the transaction with Agrinam, Freight Farms will be well positioned to capitalize on these long-term trends and the need for local, fresh, and nutritious food.

Both companies' boards of directors have approved the agreement. Agrinam shareholders can redeem Class A restricted voting shares.

Freight farms news

Completion is subject to shareholder approval and other conditions, with an expected closure in Q1 For more information: Freight Farms [email protected] www. Sign up for our daily Newsletter and stay up to date with all the latest news! Subscribe I am already a subscriber You are receiving this pop-up because this is the first time you are visiting our site.

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