Agriculture & Natural Solutions Acquisition Corp. announced the pricing of its $300 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “ANSCU” on Thursday, November 9, 2023. After the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “ANSC” and “ANSCW,” respectively.
The company intends to combine with a target that decarbonizes the traditional agriculture sector and enhances natural capital at scale. Agriculture & Natural Solutions is led by its Chief Executive Officer Robert (Bert) Glover, Chief Financial Officer, Chief Accounting Officer and Secretary Thomas Smith, and Prospective Chairman David Leuschen.
Total SPAC deal count for 2023 year-to-date is now 25. This offering is expected to close on Monday, November 13, 2023.
Citigroup is acting as the sole book-running manager of the offering. Vinson & Elkins L.L.P. is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Melar I (NASDAQ:MACI) has entered into a definitive agreement to combine with Italian e-commerce firm Everli at a pro forma enterprise value of $247 million. Everli delivers groceries to consumers via in-store shoppers at a wide range of retailers in the Italian market. The combined company is expected to trade on the Nasdaq under the...
Spring Valley II (NASDAQ:SVII) has entered into a definitive agreement to combine with uranium miner Eagle Energy Metals at an equity value of $312 million. Eagle Energy holds the rights to two large uranium deposits near the Oregon-Nevada border that it aims to develop alongside its own small, modular nuclear reactor designs. The combined company...
The pace of lock-up expirations among de-SPACs and sponsors is set to slow in August as just four of each will become newly freed to trade their shares. Those with the most to gain from this new freedom this month are the company shareholders of eVTOL developer Joby (NYSE:JOBY). It last closed at $16.89 as...
At the SPAC of Dawn The return of the SPAC market has not depended on further interest rate cuts, but SPACs would have likely benefited had the Fed leaned that way yesterday afternoon. The market is still pointed up in the pre-market even in the absence of a cut, perhaps with the knowledge that dissent...
D. Boral Acquisition I Corp. (NASDAQ:BCARU) announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BCARU”, Thursday, July 31, 2025. The new SPAC plans mount a generalist search for a target company valued at $700 million or more in a sector aligned...