Agrinam Acquisition Corporation Announces Further Amendments to Business Combination Agreement With Freight Farms, Inc
Agrinam Acquisition Corporation Announces Further Amendments to Business Combination Agreement With Freight Farms, Inc
Toronto, Ontario--(Newsfile Corp. - July 23, 2024) - Agrinam Acquisition Corporation (TSX: AGRI.U) (the "Corporation") announced today that it has entered into a series of amending agreements, each dated effective July 15, 2024, July 18, 2024 and July 19, 2024 respectively (the "Amending Agreements" and each an "Amending Agreement") with Freight Farms, Inc. ("Freight Farms") and Agrinam Merger Sub, Inc. ("Merger Sub") to amend the definitive business combination agreement among Agrinam, Merger Sub and Freight Farms dated October 4, 2023, as amended on March 14, 2024, March 19, 2024, and June 28, 2024, whereby Agrinam has agreed to acquire all of the issued and outstanding shares of Freight Farms by way of a triangular merger (the "Business Combination").
Agrinam收購公司(TSX:AGRI.U)宣佈已與Freight Farms和Agrinam Merger Sub達成一系列修正協議。這些協議分別於2024年7月15日、7月18日和7月19日生效,並修改了於2023年10月4日、2024年3月14日、2024年3月19日和2024年6月28日修訂的最終業務合併協議,其中Agrinam同意通過三角形合併收購Freight Farms的所有已發行和未發行股份。
Pursuant to the Amending Agreement dated effective July 15, 2024, Agrinam, Merger Sub and Freight Farms agreed to extend the date by which Freight Farms may provide notice to terminate the Business Combination (the "Outside Date") from July 15, 2024 to July 18, 2024.
根據2024年7月15日生效的修正協議,Agrinam、Merger Sub和Freight Farms同意將可能取消業務合併的通知期限(「截止日期」)從2024年7月15日延長至2024年7月18日。
Pursuant to the Amending Agreement dated effective July 18, 2024, Agrinam, Merger Sub and Freight Farms agreed to further extend the Outside Date from July 18, 2024 to July 20, 2024.
根據2024年7月18日生效的修正協議,Agrinam、Merger Sub和Freight Farms同意將「截止日期」進一步延長至2024年7月20日。
Pursuant to the Amending Agreement dated effective July 19, 2024, Agrinam, Merger Sub and Freight Farms agreed to, amongst other things, extend the Outside Date from July 20, 2024 to July 22, 2024 (and potentially further to September 30, 2024, subject to the satisfaction of certain conditions therein) and to add and amend other transaction terms, including certain closing conditions.
根據2024年7月19日生效的修正協議,Agrinam、Merger Sub和Freight Farms同意,在其他事項中,將「截止日期」從2024年7月20日延長至2024年7月22日(並有可能進一步延長至2024年9月30日,視情況滿足特定條件),並添加和修改其他交易條款,包括某些交割條件。
The Business Combination is anticipated to constitute Agrinam's qualifying acquisition under Part X of the Toronto Stock Exchange Company Manual. The Business Combination and the Amending Agreements may be viewed under Agrinam's profile on SEDAR+ at .
業務合併被認爲是Agrinam公司手冊第X部分的資格收購。業務合併和修訂協議可以在SEDAR+網站上查看。
About Agrinam Acquisition Corporation
關於Agrinam收購公司
Agrinam Acquisition Corporation is a special purpose acquisition corporation incorporated under the laws of the Province of British Columbia for the purpose of effecting, directly or indirectly, an acquisition of one or more businesses or assets, by way of a merger, amalgamation, arrangement, share exchange, asset acquisition, share purchase, reorganization, or any other similar business combination within a specified period of time.
Agrinam Acquisition Corporation是根據不列顛哥倫比亞省法律成立的特殊目的收購公司,旨在通過合併、合併、安排、股票交換、資產收購、股票購買、重組或在規定期限內的任何其他類似業務組合,直接或間接地收購一個或多個業務或資產。
About Freight Farms
關於貨車農場
Freight Farms debuted the first vertical hydroponic farm built inside an intermodal shipping container with the mission of democratizing and decentralizing the local production of fresh, healthy food. Since its inception, Freight Farms has refined its product offering to arrive at the Greenery container farm. With global customers ranging from small business farmers to the corporate, hospitality, retail, education, and nonprofit sectors, Freight Farms make up one of the largest network of IoT connected farms in the world. AgTech Breakthrough named Freight Farms the 2022 "IoT Monitoring Solution of the Year" for its farmhand IoT automation software. For more information, visit .
Freight Farms在貨櫃內建造了第一個垂直水培農場,其使命是使當地新鮮、健康食品的生產民主化和分散化。自成立以來,Freight Farms已將其產品改進到綠化貨櫃農場。擁有全球客戶,從小型企業農民到公司、酒店、零售、教育和非營利部門,Freight Farms組成了全球最大的物聯網連接農場網絡之一。AgTech Breakthrough將其農場自動化軟件Farmhand Iot監控解決方案評爲2022年Iot監控解決方案。有關更多信息,請訪問。
Forward-Looking Information
前瞻性信息
Certain information contained in this press release may be forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are often, but not always identified by the use of words such as "expect", "anticipate", "believe", "foresee", "could", "estimate", "goal", "intend", "plan", "seek", "will", "may" and "should" and similar expressions or words suggesting future outcomes. This press release includes forward-looking information and statements pertaining to, among other things, the Business Combination and the Business Combination constituting the qualifying acquisition of Agrinam.
此新聞稿中包含的某些信息可能是根據加拿大證券法解釋的前瞻性陳述。前瞻性陳述常常被識別爲使用「預計」、「預測」、「相信」、「預見」、「可能」、「應該」、「估計」、「目標」、「計劃」、「尋求」、「意圖」、「將」等類似詞語的文本或暗示未來結果的詞語。本新聞稿包括與業務合併和業務合併構成對Agrinam資格收購等事項相關的前瞻性信息和聲明。
These forward-looking statements reflect material factors and expectations and assumptions of Agrinam and Freight Farms including, without limitation, expectations and assumptions relating to Agrinam and Freight Farms being able to receive all required regulatory and shareholder approvals and current estimates and assumptions regarding the Business Combination, which are based on Agrinam's and Freight Farms' perception of historical trends, current conditions and expectations, as well as other factors believed to be appropriate in the circumstances. Agrinam's and Freight Farms' estimates, beliefs and assumptions are inherently subject to uncertainties and contingencies regarding future events and as such, are subject to change. Numerous risks and uncertainties could cause the actual events and results to differ materially from the estimates, beliefs and assumptions expressed or implied in the forward-looking statements in this press release, including, but not limited to: the conditions to the consummation of the Business Combination may not be satisfied or waived; risks relating to the failure to obtain necessary shareholder, court, and regulatory approvals for the Business Combination; the filing and/or mailing of documentation relating to the Business Combination may not be completed on a timely basis; high levels of redemptions by Agrinam shareholders; the Business Combination may be further modified, restructured or terminated; events or series of events may cause business interruptions; and the availability of equity and debt financing and/or refinancing on acceptable terms. There are numerous risk factors related to the Business Combination that investors should take into account, including, without limitation: the ability of the resulting entity to meet Toronto Stock Exchange or other stock exchange listing standards following the consummation of the Business Combination; the Business Combination may not be completed within Agrinam's permitted timeline to complete a qualifying acquisition or the potential failure to obtain an extension of Agrinam's qualifying acquisition deadline if sought by Agrinam; and other factors discussed under "Risk Factors" in the Corporation's IPO prospectus dated June 10, 2022. Readers are cautioned that the foregoing list of factors is not exhaustive. Other risks and uncertainties not presently known to Agrinam and Freight Farms or that they presently believe are not material could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained in this press release. Additional information on these and other factors that could affect events and results are included in other documents and reports that will be filed by Agrinam with applicable securities regulatory authorities and may be accessed through the SEDAR+ website (). Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect Agrinam's and Freight Farms' expectations only as of the date of this press release. Agrinam and Freight Farms disclaim any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as such term is defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
這些前瞻性聲明反映了Agrinam和Freight Farms的實質因素、期望和假設,包括但不限於Agrinam和Freight Farms能夠獲得所有必要的監管和股東批准並基於Agrinam和Freight Farms對歷史趨勢、當前狀況和預期的見解以及視情況相應地認爲適當的其他因素所做出的假設和估計與業務合併有關的假設和估計。Agrinam和Freight Farms的估計、信念和假設天然地受到關於未來事件的不確定性和附帶條件的影響,因此可能會發生變化。許多風險和不確定性可能會導致實際事件和結果與本新聞稿中前瞻性聲明中表達或暗示的估計、信念和假設有實質差異,包括但不限於:業務合併的完成可能不符合或放棄完成條件;存在未獲得業務合併必要股東、法院和監管批准的風險;有關業務合併的文件的提交和/或郵寄可能無法及時完成;集會重要贖回的可能性;業務合併可能進一步修改、重組或終止;事件或一系列事件可能導致業務中斷;以及股本和債務融資和/或再融資的可用性符合可接受的條款。投資者應考慮與業務合併有關的許多風險因素,包括但不限於:在業務合併完成後,即獲得滿足多倫多證券交易所或其他證券交易所上市標準的實體;如果Agrinam尋求延長其資格收購期限,則有可能未能在Agrinam允許的時間範圍內完成業務合併或可能未能獲得Agrinam尋求的資格收購期限延期;並在2022年6月10日的公司首次公開募股說明書的「風險因素」下討論的其他因素。讀者們應該注意,上述因素清單並不詳盡。其他風險和不確定因素目前未被Agrinam和Freight Farms了解或認爲不是實質性的,這些因素也可能導致本新聞稿中所包含的前瞻性聲明中表述的實際結果或事件與所表達的預計有實質性差異。與此新聞稿中的前瞻性聲明相比,Agrinam和Freight Farms的期望僅限於本新聞稿發佈日期。Agrinam和Freight Farms明示放棄更新或修訂任何前瞻性聲明,除非法律明確要求。本新聞稿不構成在美國出售或要約出售任何證券的要約。這些證券未在美國1933年修正案所規定的證券法或任何州證券法下注冊並可能未在美國或對美國人士(如Regulation S下定義的那樣)在美國境內出售或出售,除非在美國證券法和適用的州證券法下注冊或有可用的豁免。
For further information contact:
有關更多信息,請聯繫:
Agustin Tristan Aldave
Chief Executive Officer
Agrinam Acquisition Corporation
agustin.tristan@agrinamspac.com
阿古斯汀·特里斯坦·阿爾達韋
首席執行官
Agrinam Acquisition Corporation
agustin.tristan@agrinamspac.com