AppHarvest, Inc.
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ROIC.AI
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- AppHarvest, Inc. (APPHW) operates as a sustainable agriculture technology company that develops and manages high-tech indoor farms utilizing robotics, artificial intelligence, and controlled environment systems to produce tomatoes, salad greens, strawberries, cucumbers, berries, and peppers; the company previously maintained a network of four facilities in Kentucky, including a 60-acre flagship tomato farm in Morehead, a 15-acre salad greens farm in Berea, a 30-acre strawberry and cucumber farm in Somerset, and a 60-acre tomato farm in Richmond, spanning 165 acres total and targeting grocery chains, restaurants, and food service providers with climate-resilient, low-water produce grown primarily in Appalachia. Founded in 2018 and headquartered in Morehead, Kentucky, AppHarvest focuses on sustainable food production in the United States, emphasizing up to 90% less water usage and yields 30 times higher than traditional methods while preventing agricultural runoff pollution. In July 2023, the company filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas to facilitate financial restructuring and asset sales, securing $30 million in debtor-in-possession financing from creditor Equilibrium Capital to support operations at select farms during proceedings; the court confirmed a Second Amended Joint Plan of Liquidation on September 14, 2023, leading to the cancellation of common stock by December 2023, sale of Somerset assets, and lease agreements with Equilibrium for Morehead and Richmond properties, with Berea operations transitioned to partner Mastronardi Produce.
Levi & Korsinsky, LLP Notifies Shareholders of AppHarvest, Inc. (APPHW) an Upcoming Claims Deadline in a Class Action Settlement
Levi & Korsinsky, LLP Notifies Shareholders of AppHarvest, Inc. (APPHW) an Upcoming Claims Deadline in a Class Action Settlement
Levi & Korsinsky, LLP Notifies Shareholders of AppHarvest, Inc. (APPHW) an Upcoming Claims Deadline in a Class Action Settlement
Levi & Korsinsky, LLP Notifies Shareholders of AppHarvest, Inc. (APPHW) an Upcoming Claims Deadline in a Class Action Settlement
Levi & Korsinsky, LLP Notifies Shareholders of AppHarvest, Inc. (APPHW) an Upcoming Claims Deadline in a Class Action Settlement
Levi & Korsinsky, LLP Notifies Shareholders of AppHarvest, Inc. (APPHW) an Upcoming Claims Deadline in a Class Action Settlement
Levi & Korsinsky, LLP Notifies Shareholders of AppHarvest, Inc. (APPHW) an Upcoming Claims Deadline in a Class Action Settlement
Levi & Korsinsky, LLP Notifies Shareholders of AppHarvest, Inc. (APPHW) an Upcoming Claims Deadline in a Class Action Settlement
Levi & Korsinsky, LLP Notifies Shareholders of AppHarvest, Inc. (APPHW) an Upcoming Claims Deadline in a Class Action Settlement
Levi & Korsinsky, LLP Notifies Shareholders of AppHarvest, Inc. (APPHW) an Upcoming Claims Deadline in a Class Action Settlement
Levi & Korsinsky, LLP Notifies Shareholders of AppHarvest, Inc. (APPHW) an Upcoming Claims Deadline in a Class Action Settlement