Wall Street Journal – September 8, 2021 Energy Vault Inc. is combining with a blank-check company to go public in a merger that values the gravity-based energy-storage company at roughly $1.6 billion, the companies said. Energy Vault uses a block tower system to store and release renewable energy from wind and solar operations. Employing software …
Novus Capital Corporation II (NYSE: NXU, NXU.U, NXU WS) (“Novus”) and Energy Vault, an energy storage solutions company, jointly announce that they have entered into a definitive agreement for a business combination; upon closing, the combined company is expected to trade on NYSE under the symbol “GWHR.” The transaction values the combined company at an …
NEW YORK–(BUSINESS WIRE)–Novus Capital Corporation II (the “Company”) announced today the pricing of its initial public offering of 25,000,000 units at $10.00 per unit. The units are expected to commence trading on February 4, 2021 on the New York Stock Exchange under the symbol “NXU.U.” Each unit consists of one share of Class A common …
Novus Capital Corporation II Announces Pricing of $250 Million Initial Public Offering Read More »
February 1, 2021–MOREHEAD, Kentucky – AppHarvest (“the Company”), a leading AgTech company and Certified B Corp building and operating some of the country’s largest high-tech indoor farms to sustainably grow affordable, nutritious,chemical pesticide-free non-GMO fruits and vegetables at scaleusing 90% less water than traditional open-field agriculture and 100% recycled rainwater,and Novus Capital Corp. (Nasdaq: NOVS) …
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 …
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 …
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 …
AppHarvest Hires Impossible Foods’ David Lee as President Read More »
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 …
The AgTech Revolution is Underway in Appalachia with AppHarvest Read More »
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 …
A Stock That Will Let Investors Reap the Rewards of a New Way to Farm Read More »
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 …