Globa Terra Acquisition Corp. to Combine with Nature's Ledger Inc.
Globa Terra Acquisition Corp. has entered into a Business Combination Agreement with Nature's Ledger Inc., a company engaged in carbon credits and environmental attributes. The transaction structure includes a SPAC merger, continuances of various entities, and an amalgamation to form Amalco, which will be a wholly-owned subsidiary of a new parent company, Pubco. Globa Terra's board has approved the agreement and recommended it to shareholders. Support agreements have also been executed by sponsor parties and company securityholders.
Key Highlights
- Globa Terra Acquisition Corp. enters into a Business Combination Agreement with Nature's Ledger Inc.
- The transaction involves a SPAC merger, continuation of entities, and an amalgamation to form Amalco, a subsidiary of Pubco.
- Nature's Ledger is involved in carbon credits, environmental attributes, and digital asset marketplace activities.
- Globa Terra's board of directors has approved the Business Combination Agreement and recommends it to shareholders.
- Sponsor Parties and Company Securityholders have entered into support agreements to vote in favor of the transaction.
Price Impact
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