Agriculture & Natural Solutions Acquisition Corp. (ANSCU) Prices $300M IPO


Agriculture & Natural Solutions Acquisition Corp. (ANSCU) Prices $300M IPO

Agriculture & Natural Solutions Acquisition Corp. announced the pricing of its $300 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “ANSCU” on Thursday, November 9, 2023. After the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “ANSC” and “ANSCW,” respectively.

The company intends to combine with a target that decarbonizes the traditional agriculture sector and enhances natural capital at scale. Agriculture & Natural Solutions is led by its Chief Executive Officer Robert (Bert) Glover, Chief Financial Officer, Chief Accounting Officer and Secretary Thomas Smith, and Prospective Chairman David Leuschen.

Total SPAC deal count for 2023 year-to-date is now 25. This offering is expected to close on Monday, November 13, 2023.

Citigroup is acting as the sole book-running manager of the offering. Vinson & Elkins L.L.P. is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.