Agrinam Acquisition Corporation Announces Business Combination Update and Related Party Transaction
Agrinam Acquisition Corporation Announces Business Combination Update and Related Party Transaction
Toronto, Ontario--(Newsfile Corp. - May 13, 2024) - Agrinam Acquisition Corporation (TSX: AGRI.U) (the "Corporation") announced today that, in connection with the advancement of the previously announced business combination transaction between the Corporation, Freight Farms, Inc. ("Freight Farms") and Agrinam Merger Sub, Inc. (the "Business Combination") and the ongoing PIPE financing related thereto, Freight Farms has entered into a subordinated loan agreement (the "Loan Agreement") with Lexington Capital, S.A.P.I. de C.V. (the "Lender"), an affiliated entity of Agustín Tristán Aldave (Chief Executive Officer and a director of Agrinam), whereby the Lender will loan to Freight Farms up to the sum of $500,000 in accordance with, and subject to the terms and conditions of, the Loan Agreement (the "Loan"). The Loan may be outstanding upon closing of the Business Combination and, as a result, constitutes a related party transaction under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions, details of which are set forth in the material change report of the Corporation filed on SEDAR+ on May 13, 2024.
安大略省多倫多--（Newsfile Corp.，2024年5月13日）——Agrinam收購公司（多倫多證券交易所股票代碼：AGRI.U）（“公司”）今天宣佈，隨着公司、貨運農場公司（“貨運農場”）和Agrinam Merger Sub, Inc. 之間先前宣佈的業務合併交易（“業務合併”）的推進以及與之相關的PIPE融資，貨運農場已經簽訂了與之相關的PIPE融資與列剋星敦資本S.A.P.I. de C.V.（“貸款人”）簽訂的次級貸款協議（“貸款協議”），後者是的關聯實體奧古斯丁·特里斯塔恩·阿爾達夫（Agrinam首席執行官兼董事），貸款人將根據貸款協議（“貸款”）的條款和條件，向貨運農場提供不超過50萬美元的貸款。該貸款可能在企業合併完成時尚未償還，因此構成了第61-101號多邊文書下的關聯方交易-在特殊交易中保護少數股權持有人，有關詳情見公司於2024年5月13日在SEDAR+上提交的重大變更報告。
