SPAC · Merger completed
Globis Acquisition Corp.
Business combination with Forafric Agro Holdings Limited
Globis Acquisition Corp. is a blank-check company (SPAC) that raised $100M in its initial public offering on Dec 14, 2020, listing on Nasdaq Capital Market. It completed its business combination with Forafric Agro Holdings Limited on Jun 9, 2022; the combined company is Forafric Global PLC (AFRI). Haynes and Boone advised the SPAC and Loeb & Loeb advised the underwriters on the IPO.
Forafric Agro Holdings Limited is an agribusiness group in Africa with activities in Morocco and Sub-Saharan Africa. It operates 12 industrial units and two logistics platforms, and is the target of a business combination with Globis Acquisition Corp.
- Status
- Merger completed
- IPO date
- Dec 14, 2020
- IPO size
- $100M
- IPO exchange
- Nasdaq Capital Market
- Target
- Forafric Agro Holdings Limited
- Announced
- Dec 20, 2021
- Closed
- Jun 9, 2022
- Combined company
- Forafric Global PLC (AFRI)
- SPAC counsel (IPO)
- Haynes and Boone
- Underwriters' counsel (IPO)
- Loeb & Loeb
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
Then $99/month or $999/year. Cancel anytime.
Filings
- IPO prospectus (424B4) Dec 14, 2020
- Deal announcement (8-K) Dec 20, 2021
- Press release
- All filings on EDGAR CIK 1823383
Other deSPACs that closed in 2022
- Grove Collaborative Holdings, Inc.via Virgin Group Acquisition Corp. II · closed Jun 16, 2022
- Alvotech (TopCo)via Oaktree Acquisition Corp. II · closed Jun 15, 2022
- SpringBig Holdings, Inc.via Tuatara Capital Acquisition Corp · closed Jun 14, 2022
- Senti Biosciences, Inc.via Dynamics Special Purpose Corp. · closed Jun 8, 2022
- Symbotic Inc.via SVF Investment Corp. 3 · closed Jun 7, 2022
- Global Business Travel Group, Inc.via Apollo Strategic Growth Capital · closed May 27, 2022