Agrico Acquisition Corp.

Agrico Acquisition Corp.

RICOU
Agrico Acquisition Corp.US flagNASDAQ Capital Market
10.30
USD
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No data availableFinancial data will appear here once available

Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Brent William de Jong
Sector
Financial Services
Industry
Shell Companies
Address
Boundary Hall Grand Cayman Cayman Islands KY1-1102
IPO Date
Jul 8, 2021
Website
agrico.co
Business
Agrico Acquisition Corp. (RICOU) operates as a blank check company, or special purpose acquisition company (SPAC), whose primary purpose is to effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, with a focus on agriculture technology (AgTech), agriculture, horticulture, and aquaculture sectors primarily in the Americas. The company offers no current products or services beyond its SPAC structure and has generated no revenue from operations. Founded in 2020 and headquartered in George Town, Grand Cayman, Cayman Islands, it completed its initial public offering of $143.75 million in July 2021, concentrating its search on targets aimed at improving yield, efficiency, or profitability in production, processing, distribution, or related services in the agriculture space. In June 2022, Agrico Acquisition Corp. completed a definitive business combination with Kalera Public Limited Company, a vertical farming company producing leafy greens, microgreens, and herbs; post-merger, Agrico became a wholly-owned subsidiary of Kalera PLC (trading as KAL), which waived minimum cash conditions amid high redemptions and commenced operations under the new entity with farms in the United States and Kuwait. As of late 2025, RICOU units continue to trade on Nasdaq, reflecting the legacy SPAC structure following the merger, with no further acquisitions or operational shifts reported.

Company News

APIChat
  • Agrico Acquisition Corp. Announces Closing of $143,750,000 Initial Public Offering, Including Full Exercise of Underwriters' Over-Allotment Option

  • U.S. IPO Weekly Recap: Micro Caps Lead A Quiet 2 IPO Week