Agrinam Acquisition Corporation and Freight Farms, Inc. have mutually agreed to terminate their business combination agreement, originally announced on October 4, 2023, and amended several times throughout 2024. This decision comes as the companies will no longer pursue the proposed transaction. Agrinam is a special purpose acquisition corporation (SPAC) based in British Columbia. It aims to acquire one or more businesses or assets through various business combinations.
Now, Agrinam is actively exploring other opportunities for a qualifying acquisition before its deadline of December 15, 2024. This press release may contain forward-looking information reflecting the Corporation's expectations regarding future events. Such information is based on assumptions and is subject to risks and uncertainties that could lead to actual results differing materially. Risks include the possibility that a qualifying acquisition may not be completed within the required timeline, and conditions for any proposed acquisition may not be met. The Corporation is not obligated to update this information unless required by law.
For more information:
Agrinam Acquisition Corporation
[email protected]
https://agrinamspac.com
Freight Farms
[email protected]
www.freightfarms.com