Globa Terra Acquisition Corp. Signs Definitive Agreement with Nature's Ledger Inc.
Globa Terra Acquisition Corporation announced it has entered into a definitive Business Combination Agreement with Nature's Ledger Inc., a company focused on carbon markets and environmental assets. The agreement outlines a framework for a business combination that will result in a publicly traded company operating under the Nature's Ledger name, with an indicated pre-money equity value of approximately $323.8 million. Globa Terra is also seeking shareholder approval for an extension of its business combination period at an extraordinary general meeting on November 9, 2026. The company's sponsor has committed to a trust contribution to benefit public shareholders, subject to the extension's approval.
Key Highlights
- Globa Terra Acquisition Corp. entered into a definitive Business Combination Agreement with Nature's Ledger Inc.
- The proposed business combination values Nature's Ledger at an indicated pre-money equity value of approximately $323.8 million.
- The transaction involves a SPAC merger, a corporate continuance, and an amalgamation to form a new publicly traded parent company.
- Nature's Ledger operates in carbon markets, environmental attributes, and related services.
- Globa Terra's sponsor will contribute $0.03 per public share to the trust account if the extension proposal is approved.
- Additional monthly extension contributions of up to $0.04 per share or $50,000 aggregate are possible.
- Shareholders will vote on an extension proposal on November 9, 2026, to allow more time for the business combination.
Price Impact
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