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Agrinam Acquisition Corporation (T:AGRI.V)

Business Focus: N/A

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Insider Chart - Past 6 Months

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Company News

Jul 04, 2024 19:52 ET
Agrinam Acquisition Corporation Announces Third Amendment to Business Combination Agreement with Freight Farms, Inc.
Toronto, Ontario--(Newsfile Corp. - July 4, 2024) - Agrinam Acquisition Corporation (TSX: AGRI.U) (the "Corporation") announced today that it has it has entered into a third amending agreement dated effective June 28, 2024 (the "Third Amending Agreement") with Freight Farms, Inc. ("Freight Farms") and Agrinam Merger Sub, Inc. ("Merger Sub") to amend the definitive business combination agreement among Agrinam, Merger Sub and Freight Farms dated October 4, 2023, as amended on March 14, 2024 and further amended March 19, 2024, whereby Agrinam has agreed to acquire all of the issued and outstanding shares of Freight Farms by way of a triangular merger (the "Business Combination").
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May 13, 2024 20:13 ET
Agrinam Acquisition Corporation Announces Business Combination Update and Related Party Transaction
Toronto, Ontario--(Newsfile Corp. - May 13, 2024) - Agrinam Acquisition Corporation (TSX: AGRI.U) (the "Corporation") announced today that, in connection with the advancement of the previously announced business combination transaction between the Corporation, Freight Farms, Inc. ("Freight Farms") and Agrinam Merger Sub, Inc. (the "Business Combination") and the ongoing PIPE financing related thereto, Freight Farms has entered into a subordinated loan agreement (the "Loan Agreement") with Lexington Capital, S.A.P.I. de C.V. (the "Lender"), an affiliated entity of Agustín Tristán Aldave (Chief Executive Officer and a director of Agrinam), whereby the Lender will loan to Freight Farms up to the sum of $500,000 in accordance with, and subject to the terms and conditions of, the Loan Agreement (the "Loan"). The Loan may be outstanding upon closing of the Business Combination and, as a result, constitutes a related party transaction under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions, details of which are set forth in the material change report of the Corporation filed on SEDAR+ on May 13, 2024.
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Valuation Ratios

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Short Report

Date Number of Shares Shorted Net Change
Dec 31, 1969 0 0
Dec 31, 1969 0 0
Dec 31, 1969 0 0
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Business Summary

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