“Time in the market, better than timing the market,” says US vertical farm exec as Kalera makes official NASDAQ debut

By John Reynolds, Future Food Finance

Kalera officially debuted on Nasdaq under the ticker KAL on June 29 after its merger with Agrico Acquisitions Corp, in a deal valuing the combined business at around $375m.

“Time in the market is better than timing the market,” says the CMO of US vertical farming company Kalera, which has recently gone public via a SPAC.

Aric Nissen was responding to a question from Future Food Finance about why Kalera had chosen to go down the SPAC route amid a cooling off of the SPAC market.

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