OSLO, Norway, June 01, 2022 (GLOBE NEWSWIRE) — Reference is made to the inventory change announcement printed by Kalera S.A. (the “Company“) (Euronext Growth Oslo: KAL) on 31 May 2022 relating to the merger between the Company and Kalera AS (the “Merger“), and the merger consideration shares issued by the Company in reference to the Merger.
As disclosed within the abovementioned announcement, a complete of 105,719,452 new shares had been issued by the Company to ship merger consideration shares to the shareholders of Kalera AS. The closing number of merger consideration shares following rounding is 105,719,212, and in consequence, a complete of 240 shares of the Company weren’t allotted to shareholders and have been canceled. The shareholders of the Company obtained their respective merger consideration shares by means of the Norwegian Central Securities Depository (VPS) on 31 May 2022.
The Company’s new share capital following the share cancelation is EUR 1,057,192.12 divided into 105,719,212 shares, every with a nominal worth of EUR 0.01.
Kalera is a vertical farming firm headquartered in Orlando, Florida. Kalera makes use of know-how to make sure that extra folks around the globe have entry to the freshest, most nutritious, and cleanest merchandise out there. It has spent a number of years optimizing plant nutrient formulation and growing a complicated automation and knowledge acquisition system with Internet of Things, cloud, massive knowledge analytics and synthetic intelligence capabilities. Kalera at the moment operates farms within the US (in Orlando, Florida; Atlanta, Georgia; Houston, Texas and Denver, Colorado), in addition to in Kuwait. Additional farms are beneath growth. More data is offered at www.kalera.com.