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Forafric Global (Globis Acquisition) Priced, Nasdaq: AFRI

Blank check company formed by Globis Capital Advisors and Chardan targeting economic globalization (completed 6/10/22).

Industry: SPAC

First Day Return: +1.5%

Industry: SPAC

We are a blank check company. Our efforts to identify a prospective target business will not be limited to any particular industry or geographic region, although we intend to focus our search on a target business that will benefit from economic globalization, particularly as it affects emerging markets. Our executive officers and directors possess extensive operational, investing, business development, international trade, and government policy experience across various industries including global transportation and logistics, agriculture, food and water resources, technology, and telecommunications in the United States and internationally. Our management and directors’ relationships extend to key market participants including investment firms, business leaders, and government development agencies throughout the world with particular experience in Europe, the Middle East, and Sub-Saharan Africa. We believe our team’s expertise and ability to navigate in both private and public sectors, as well as its access to a network of regional resources familiar with local companies in the U.S. and internationally, which will allow us to identity potential acquisition opportunities. Our sponsors are an affiliate of Globis Capital Advisors and an affiliate of Chardan Capital Markets.
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IPO Data
IPO File Date 11/24/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 10.0
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/10/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $100
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees at IPO 1

Forafric Global (Globis Acquisition) (AFRI) Performance