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Kalera went public via a SPAC merger with Agrico Acquisition in a $375m deal.

Synopsis

Kalera, a vertical farming company, went public via a SPAC merger with Agrico Acquisition, a special purposes acquisition company, in a $375m deal. “Kalera is unrivaled in its technology and ability to deliver healthy and nutritious produce for consumers around the globe. As a public company, Kalera will have the platform to fully execute against its vision, further accelerate its commercial programs and expand its growing portfolio and position in the market. We are excited about the future and continuing to work alongside Jim and the entire management team in its public phase,” Brent De Jong, Agrico Chairman and CEO.

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