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New Deal


Announced

Braiin to go public via a SPAC merger with Northern Revival Acquisition in a $215m deal.

Financials

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Transaction Value£175m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

De-SPAC

agriculture analytic

Merger

Farming Fishing Ranching and Plantations

Private

Pending

Friendly

Australia

Acquisition

Cross Border

Synopsis

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Braiin, a precision agriculture solutions and analytics services company, agreed to go public via a SPAC merger with Northern Revival Acquisition, a special purpose acquisition company, in a $215m deal. “Partnering with Northern Revival Acquisition Corporation is a major milestone in our company’s development. This business combination and entry into the public markets will allow us access to a much larger pool of capital and increase awareness and adoption of our products and services to expand the practice of precision agriculture around the world,” Natraj Balasubramanian, Braiin CEO.

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