Freight Farms Inc., an agricultural technology company, is going public through a SPAC merger with Agrinam Acquisition Corp. As a result of the merger, Freight Farms will be listed on the Toronto Stock Exchange with a post-transaction equity value of approximately $147 million. The transaction, announced Oct. 4, is expected to close in the first quarter of 2024. New York-based Freight Farms was represented by Stikeman Elliott and a Latham & Watkins team led by partner Stephen Ranere. Agrinam was advised by Borden Ladner Gervais and Dorsey & Whitney.
Agriculture
October 05, 2023, 11:04 AM