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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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Forafric Global (Globis Acquisition) (AFRI) Performance