Brief: Braiin Limited, A Leading Precision Agriculture Solutions And Analytics Services Company, Announces Plans To Go Public Via Business Combination With Northern Revival Acquisition Corporation
21/03/2023 13:07
March 21 (Reuters) - Northern Revival Acquisition Corp
NRAC.O :
* BRAIIN LIMITED, A LEADING PRECISION AGRICULTURE SOLUTIONS
AND
ANALYTICS SERVICES COMPANY, ANNOUNCES PLANS TO GO PUBLIC VIA
BUSINESS COMBINATION WITH NORTHERN REVIVAL ACQUISITION
CORPORATION
* NORTHERN REVIVAL ACQUISITION CORP - COMBINED COMPANY
TRANSACTION
IS EXPECTED TO BE VALUED AT APPROXIMATELY $215 MILLION
* NORTHERN REVIVAL ACQUISITION - BRAIIN SHAREHOLDERS HOLDING
100%
OF CURRENTLY OUTSTANDING ORDINARY SHARES HAVE SIGNED ON TO SELL
SHARES TO CO UNDER BCA
* NORTHERN REVIVAL ACQUISITION - PRIOR CLOSING, ALL
CONVERTIBLE
SECURITIES OF BRAIIN WILL BE CONVERTED INTO BRAIIN ORDINARY
SHARES
Source text for Eikon: ID:nBwrcmY8a
Further company coverage: NRAC.O
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