Novus Capital Corp. (NOVS) to Combine with AppHarvest in $549M Deal

Sep 29, 2020 INTEL by Nicholas Alan Clayton

Indoor farm operator AppHarvest announced this morning that it had entered into a definitive business combination agreement with Novus Capital Corp. (NASDAQ:NOVS) that would give it an enterprise value of $549.7 million. Morehead, Kentucky-based AppHarvest is developing a series of large-scale indoor farms aimed at efficiently producing vegetables for the domestic market to replace imports.
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Novus Capital Corp. (NOVS) to Combine with AppHarvest in $549M Deal

Novus Capital Corp. (NOVS) to Combine with AppHarvest in $549M Deal

ByNicholas Alan Clayton