Agrico Acquisition Corp. (RICOU) Prices $125M IPO


Agrico Acquisition Corp. (RICOU) Prices $125M IPO

Agrico Acquisition Corp.  announced the pricing of its $125 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RICOU” Thursday, July 8.

The new SPAC aims to combine with an AgTech target based in the Americas. Agrico is led by Chairman and CEO Brent de Jong, and CFO Roberto Perez Silva.

Total SPAC deal count for 2021 year-to-date is now 363. This offering is expected to close on Monday, July 12.

Maxim Group LLC is acting as the sole book running manager in the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.