Spring Valley (SV) to Extend Closing Talks on AeroFarms Deal

Spring Valley Acquisition Corp. (NASDAQ:SV) announced it is extending its closing negotiations with vertical farming venture AeroFarms to a new deadline of October 24. The SPAC’s shareholders approved the transaction on August 30, but Spring Valley noted at the time of the vote that it faced enough redemptions to leave its minimum cash condition unfulfilled.
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