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AppHarvest Announces First Harvest of Tomatoes from Flagship High-Tech Indoor Farm Shipping to Grocery Stores

The Beefsteak tomatoes are chemical pesticide-free, non-GMO and sustainably grown with 100% recycled rainwater; will first arrive in select national grocery stores this week AppHarvest, a leading AgTech company building some of the country’s largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale, has announced that its first-ever harvest—Beefsteak tomatoes from …

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Novus Capital Corporation Announces Special Stockholder Meeting to Approve Business Combination

Novus Capital Corporation (NASDAQ: NOVS, NOVSU, NOVSW) (the “Company” or “Novus Capital”), a special purpose acquisition company, today announced that the Company will hold a Special Meeting via live webcast at https://www.cstproxy.com/novuscapitalcorp/sm2020, on January 29, 2021 at 10:00 a.m. Eastern Time (the “Special Meeting”). The definitive proxy statement/prospectus will be filed with the SEC and will …

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AppHarvest Hires Impossible Foods’ David Lee as President

Lee brings track record capitalizing on innovative disruption to meet consumer demand AppHarvest Hires Impossible Foods’ David Lee as President January 07, 2021 10:06 AM Eastern Standard Time MOREHEAD, Ky.–(BUSINESS WIRE)–AppHarvest, the leading AgTech company building some of the country’s largest indoor farms and combining conventional agriculture techniques with cutting-edge technology to grow affordable, nutritious …

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The AgTech Revolution is Underway in Appalachia with AppHarvest

AppHarvest is going public via a merger with Novus Capital Corp. AppHarvest is an AgTech company that grows chemical pesticide-free produce including tomatoes in palatial greenhouses Novus Capital Corp. trades at an implied 2.9 times 2024 sales, just ½ the multiple of Beyond Meat, Inc. Revenue forecast to rise 10x between 2021 and 2024 with …

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A Stock That Will Let Investors Reap the Rewards of a New Way to Farm

AppHarvest thinks its greenhouse process will be competitive with crops grown in open fields. Dreamstime Agricultural production is big business, but for the most part it isn’t a publicly traded business. That makes some of the processes and companies responsible for putting food on the table impenetrable to many investors. A new company plans to change …

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AppHarvest to Become a Public AgTech Company

AppHarvest has entered into a definitive business combination agreement with Novus Capital Corporation (Nasdaq: NOVS) Transaction to provide $475 million of gross proceeds to the company, including $375 million fully committed common stock PIPE at $10.00 per share anchored by existing and new investors – including Fidelity Management & Research Company, LLC, Inclusive Capital and Novus Capital Corporation Pro forma equity value of the merger is approximately $1.0 billion, at the …

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Armed with $100M, Novus Capital prowls for acquisition

Launched in March, Indianapolis-based Novus Capital Corp. has no revenue or paid employees and isn’t profitable. What it does have—thanks to $100 million in the bank and the ability to make a company public almost overnight—is loads of potential, say former Brightpoint Inc. CEO Bob Laikin and other founders. Novus formed as a “blank check company”—an …

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Novus Capital Corporation Announces Securities to Commence Separate Trading

INDIANPOLIS, IN, USA, June 9, 2020 /EINPresswire.com/ — Indianapolis, IN. June 9, 2020 – Novus Capital Corporation (Nasdaq: NOVSU) (the “Company”) announced today that separate trading of its shares of common stock and warrants underlying the Company’s units sold in its $100 million initial public offering would commence on or about June 12, 2020. The …

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Novus Capital Corporation Announces Pricing of $100 Million Initial Public Offering

NEW YORK–(BUSINESS WIRE)–Novus Capital Corporation (NASDAQ: NOVSU) (the “Company”) announced today that it priced its initial public offering of 10,000,000 units at $10.00 per unit. The units will commence trading on May 15, 2020 on the Nasdaq Capital Market under the symbol “NOVSU.” Each unit consists of one share of common stock and one redeemable …

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Smart tech SPAC Novus Capital Corp prices $100 million IPO at $10

Novus Capital Corp, a blank check company targeting the smart technology innovations market, raised $100 million by offering 10 million units at $10. Units consist of one share of common stock and one warrant exercisable at $11.50. The Indianapolis, IN-based SPAC originally filed in April with 1/2 warrants, before improving IPO terms to 3/4 warrants, …

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