Seeing Green: Why Vertical Farm Kalera Sought a SPAC Deal for Growth

By Christina LaFave Grace, Winsight Grocery Business

At the end of January, Kalera, the Orlando-based vertical farming company that counts former U.S. Secretary of Agriculture Sonny Perdue among its investors and board members, announced a merger agreement that is expected to see the company begin trading on the NASDAQ market this spring. A debut on the tech-heavy index would make Kalera the first vertical farm to trade publicly on a U.S. stock market. 

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