In the merger’s aftermath, Agrinam will metamorphose, adopting the moniker ‘Freight Farms Inc.’. Although awaiting nods from shareholders of both entities, the merger’s grand curtain-raiser is slated for early 2024. In a parallel strategy, both companies are charting plans to pool in a cool $20 million through PIPE financing with select investors, building momentum before the merger’s grand finale.
Legal squads from Stikeman Elliott, Borden Ladner Gervais, and Dorsey & Whitney remain shrouded in mystery, while the Latham battalion for Freight Farms is spearheaded by the formidable Stephen Ranere.
