Spring Valley Acquisition Corp (SV)

The breakup of its merger with AeroFarms had a surprising result.

Dream Holdings, Inc. (“AeroFarms”), a certified B Corporation and leader in indoor vertical farming, and Spring Valley Acquisition Corp. (“Spring Valley”) (Nasdaq: SV, SVSVW, SVSVU), a publicly traded special purpose acquisition company, announced today that both companies have mutually agreed to terminate their previously announced agreement and plan of merger (the “Business Combination Agreement”), effective immediately.

AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced that it is expanding this Fall its distribution of leafy greens to more than 350 Stop & Shop Stores across the Northeast and New England regions including New Jersey, New York, Connecticut, Massachusetts, and Rhode Island.

In SPAC news this week, Transfix and G Squared Ascend have entered into a definitive business combination agreement. Let's dive into the details.

Spring Valley Acquisition Corp. (“Spring Valley”) (Nasdaq: SV, SVSVW, SVSVU) and Dream Holdings, Inc. (“AeroFarms”) today provided an update on the closing process and related timeline for their previously announced business combination, which was approved by shareholders on August 30, 2021. Both parties are continuing to work diligently toward the transaction. Per the transaction agreements, absent any termination, the parties are permitted up to 30 additional days, expiring October 24, 2021 to close the transaction. Upon closing, the combined company’s stock and warrants would trade under the ticker symbols “ARFM” and “ARFMW”, respectively.

A company that specializes in vertical farming will help in the brewing of a new beer from Goose Island, a unit of Anheuser-Busch InBev ...

Goose Island UK and AeroFarms®, a certified B Corporation and leader in indoor vertical farming have unveiled today Hail Hydro - a brand new session IPA made from groundbreaking hydroponic hops grown indoors by AeroFarms, who is focused on elevating agriculture around the world and helping address some of our most pressing agriculture supply-chain challenges.

AeroFarms®, a certified B Corporation and leader in indoor vertical farming, today announced that it is a winner of PRODUCE BUSINESS’s 33rd Annual Marketing Excellence Awards. PRODUCE BUSINESS has been leading produce industry coverage for over three decades, and their annual 2021 Marketing Excellence Awards recognize the outstanding, results-driven work by different companies throughout the industry.

Spring Valley Acquisition Corp. (“Spring Valley”) (Nasdaq: SV, SVSVW, SVSVU) today announced the results for the ten proposals considered and voted upon by its shareholders at its extraordinary general meeting of shareholders held on August 30, 2021 (the “Extraordinary General Meeting”). Spring Valley reported that all of the proposals related to the previously announced business combination agreement between Spring Valley and Dream Holdings, Inc. (“AeroFarms”) were approved by the Spring Valley shareholders at the Extraordinary General Meeting. A Form 8-K disclosing the full voting results has been filed with the Securities and Exchange Commission.

As previously announced on August 20, 2021, Spring Valley Acquisition Corp. (“Spring Valley”) (Nasdaq: SV, SVSVW, SVSVU) postponed its extraordinary general meeting of shareholders (the “Extraordinary Meeting”), originally scheduled to be held on August 20, 2021 until August 30, 2021 at 10:00 a.m., Eastern Time, (the “Postponement”). In connection with the Postponement, the deadline for Spring Valley’s shareholders to elect to redeem their Class A ordinary shares has been extended until August 26, 2021 at 5:00 p.m., Eastern Time.

Spring Valley Acquisition Corp. (“Spring Valley”) (Nasdaq: SV, SVSVW, SVSVU) today announced that it postponed Spring Valley’s extraordinary general meeting of stockholders (the “Extraordinary Meeting”) originally scheduled to be held on August 20, 2021. The Extraordinary Meeting has been postponed until August 30, 2021 at 10:00 a.m. Eastern Time.

Wednesday morning, 136 companies reached new 52-week lows. Significant Points: The largest company by market cap to ...

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AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today provided the following business update from Co-Founder and Chief Executive Officer, David Rosenberg.

As part of ongoing efforts to build a more resilient and sustainable cocoa sector, Cargill has entered a multi-year research agreement with vertical farming pioneer and leader AeroFarms aimed at improving cocoa bean yields and developing more climate-resilient farming practices.

IPO Edge and the Palm Beach Hedge Fund Association hosted a fireside chat with the CEO and CFO of AeroFarms on Thursday, Aug. 12 at 2pm EDT to discuss the company’s underlying business fundamentals, recent strategic partnerships, the ongoing expansion of the company’s vertically integrated supply chain from farm to retail, and the pending business combination with […]

IPO Edge and the Palm Beach Hedge Fund Association will host a fireside chat with the CEO and CFO of AeroFarms on Thursday, Aug. 12 at 2pm EDT to discuss the company’s underlying business fundamentals, recent strategic partnerships, the ongoing expansion of the company’s vertically integrated supply chain from farm to retail, and the pending business […]

AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced its plan to expand to the Midwest region as part of a project with World Wildlife Fund (WWF) and the St. Louis Controlled Environment Agriculture Coalition (STLCEA) to demonstrate innovative strategies to minimize the environmental footprint of indoor agriculture. The greater St. Louis MO-IL Metropolitan Statistical Area (MSA) was selected as a key market and innovation hub for indoor vertical farming and AgTech development.

Spring Valley Acquisition Corp. (Nasdaq: SV) (“Spring Valley” or “the Company”), a publicly traded special purpose acquisition company, reminds its holders of common stock to vote in favor of the Company’s proposed business combination with AeroFarms, a Certified B Corporation and leader in indoor vertical farming, and the related proposals to be voted upon at the Company’s virtual Extraordinary General Meeting (the “Special Meeting”) on August 20, 2021.

AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced participation in two upcoming events where its executive management team will discuss its differentiated technological capabilities, including its partnership with Nokia Bell Labs to advance next generation AI-enabled plant vision technology.

The months of June and July were among the busiest for SPAC merger votes so far in 2021.August is now filling up with several deal ...

AeroFarms and Nokia Bell Labs today unveiled a groundbreaking multi-year partnership to combine their expertise and expand their joint capabilities in cutting-edge networking, autonomous systems, and integrated machine vision and machine learning technologies to identify and track plant interactions at the most advanced levels.

AeroFarms, a Certified B Corporation and leader in indoor vertical farming, will be participating in the Water Tower Research Virtual Fireside Chat Series on Wednesday, August 4, 2021 at 2:30 pm ET. The topic will be "Introduction to AeroFarms – The Technology-enabled Controlled Environment Agriculture Leader." Registration for the live event is limited, but the presentation may be accessed at any time after the event for replay.

AeroFarms, a Certified B Corporation and leader in indoor vertical farming, and Spring Valley Acquisition Corp. (Nasdaq: SV) (“Spring Valley”), a publicly traded special purpose acquisition company, announced today that the registration statement on Form S-4 filed with the U.S. Securities and Exchange Commission (“SEC”) (File No. 333-255978), and relating to the previously announced merger of AeroFarms and Spring Valley, has been declared effective by the U.S. Securities and Exchange Commission. Spring Valley will mail shareholders as of July 19, 2021 the definitive proxy statement/prospectus relating to the Extraordinary General Meeting of Spring Valley Shareholders (the “Special Meeting”).

AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced that management will be presenting at the CJS Securities 21st Annual “New Ideas” Summer Virtual Investor Conference on Tuesday, July 13, 2021. The presentation will begin at 9:30 a.m. ET and will be webcast live from the Company's Investor Relations website at www.aerofarms.com/investors/.

AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced that it is expanding its line of leafy greens to include 5 new items: Baby Bok Choy-The New SpinachTM, Micro Arugula, Micro Broccoli, Micro Kale, and Micro Rainbow Mix.

AeroFarms, a certified B Corporation and leader in indoor vertical farming, today announced that AeroFarms AgX LTD, its wholly owned subsidiary in the United Arab Emirates (“AeroFarms AgX”), has started construction in Abu Dhabi on the company’s state-of-the art Research Center focused on the latest developments for indoor vertical farming, innovation, and AgTech.

Agriculture technology continues to be a hot segment for companies seeking to go public with another SPAC deal in the sector announced Friday morning. Local Bounti announced a SPAC deal with Leo Holdings III Corp, valuing the company at $1.1 billion.

AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced that management will be presenting at the following investor conferences in June:

AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced that management will be presenting at the BMO Capital Markets 16th Annual Farm to Market Conference on Wednesday, May 19, 2021. The presentation will begin at 3:20 p.m. ET and will be webcasted live from the Company's Investor Relations website at www.aerofarms.com/investors/.