Spring Valley Acquisition Corp. (SV) to Combine with AeroFarms in $856M Deal

Mar 26, 2021 INTEL by Nicholas Alan Clayton

Spring Valley (NASDAQ:SV) has entered into a definitive agreement to combine with vertical farming venture AeroFarms at an enterprise value of $856 million, or 5.2x its 2024E revenue. Newark, New Jersey-based AeroFarms has developed the technology for indoor farms designed to be more sustainable and efficient than conventional agricultural practices. The combined entity is expected
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Spring Valley Acquisition Corp. (SV) to Combine with AeroFarms in $856M Deal

Spring Valley Acquisition Corp. (SV) to Combine with AeroFarms in $856M Deal

ByNicholas Alan Clayton