Exchange Bulletin

Agrinam Acquisition Corporation (AGRI.V) To Trade On Toronto Stock Exchange

June 13, 2022
Issuer: Agrinam Acquisition Corporation (the "Company")
Security: Class A Restricted Voting Units (the "Class A Units")
Symbol: AGRI.V
Issue price per security: US$10.00
Number of securities issued and outstanding: 12,000,000
Number of securities reserved for issuance: 1,800,000
Listing category: Special Purpose Acquisition Corporation, Non-Exempt
Trading currency: US$
The Class A Units trading under symbol "AGRI.V" will be quoted and traded on Toronto Stock Exchange ("TSX") in US funds and trading information regarding "AGRI.V" will appear under the heading "Trading in US Funds" in the TSX Monthly Review.
Transaction: Initial public offering of Class A Units (the "Offering"). Each Class A Unit consists of one Class A Restricted Voting Share, one Warrant and one Right. It is anticipated that the Class A Units will separate into Class A Restricted Voting Shares, Warrants and Rights 40 days following the Closing Date (or, if such date is not a trading day on TSX, the next trading day on TSX).
Upon separation of the Class A Units, the Class A Restricted Voting Shares, the Warrants and the Rights will be listed on TSX. A further bulletin will be issued confirming the separation date of the Class A Units and the trading information of the Class A Restricted Voting Shares, the Warrants and the Rights.
Each Warrant entitles the holder thereof to purchase one Class A Restricted Voting Share at an exercise price of US$11.50. The Warrants will become exercisable only commencing 65 days after the completion of a qualifying acquisition, at which time, it is expected that each Warrant will be exercisable for one Common Share. The Warrants will expire at 5:00 p.m. (Toronto time) on the day that is five years after the completion of a qualifying acquisition, or such earlier date, as described in the Prospectus.
Each Right entitles the holder thereof, upon the closing of a qualifying acquisition, to receive one-tenth (1/10) of a Class A Restricted Voting Share (which at such time is expected to represent one-tenth (1/10) of a Common Share, subject to adjustments under the terms of the qualifying acquisition). The Company will not issue fractional shares. As a result, holders must hold Rights in multiples of ten (10) in order to receive shares for all of such holder's Rights upon the closing of a qualifying acquisition.
Listing date: June 14, 2022 (as at 5:01 p.m.) in anticipation of closing of the Offering
Anticipated closing date: June 15, 2022 (prior to the opening)
Posted for trading date: June 15, 2022 (at the opening) subject to confirmation of closing of the Offering
End of trading on an "if, as and when issued" basis: The Class A Units commenced trading on TSX on an "if, as and when issued" basis on Monday, June 13, 2022. Subject to the closing of the Offering occurring as scheduled prior to the opening of business on Wednesday, June 15, 2022, trading on an "if, as and when issued" basis will conclude at the close of business on June 14, 2022, unless the closing of the Offering has been delayed.
Upon closing of the Offering, a trader note will be issued to confirm that trading on an "if, as and when issued" basis has concluded.
Other markets: None
Temporary market maker: Citadel Securities Canada ULC
Security ownership registration: Non-certificated inventory system administered by CDS.
Investor relations: Agustin Tristan Aldave
Chief Executive Officer
+52 1 (556) 698-9326
Incorporation: The Company was incorporated under the Business Corporations Act (British Columbia) on December 1, 2021.
Fiscal year end: March 31
Nature of business: The Company is a special purpose acquisition corporation incorporated for the purpose of effecting, directly or indirectly, an acquisition of one or more businesses or assets that operate across the agricultural industries in North America, either in the primary sector (with a focus on "superfoods" and specialty products produced in high-tech greenhouses) or the value-added sector (with a focus on "food tech" as well as wine & spirits produced in new regions that have a niche differentiator relative to the competition). However, the Company is not limited to a particular industry or geographic region for the purposes of completing a qualifying acquisition.
Transfer agent and registrar: TSX Trust Company at its principal offices in Montreal and Toronto.
Dividends: The Company does not intend to declare or pay any cash dividends prior to the completion of a qualifying acquisition.
Sponsorship: Waived
Disclosure document: The Company's final prospectus dated June 10, 2022 (the "Prospectus"), which is available at Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Additional information: See TSX Bulletin 2022-0468 dated June 9, 2022 and the TSX Trader Note issued at 8:50 a.m. (Toronto time) on June 13, 2022 for more information regarding the commencement of trading of "AGRI.V" on an "if, as and when issued" basis.
TSX contact: Anne Child,
TSX Listings