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Schultze Special Purpose Acquisition Corp. and Clever Leaves International Inc. Complete Business Combination

Schultze Special Purpose Acquisition Corp. and Clever Leaves International Inc. Complete Business Combination
Schultze Special Purpose Acquisition Corp. and Clever Leaves International Inc. Complete Business Combination
RYE BROOK, N.Y., Dec. 18, 2020 Schultze Special Purpose Acquisition Corp. (NASDAQ: SAMA, SAMAW, and SAMAU) (“SAMA”) and Clever Leaves International Inc. (“Clever Leaves”) announced that following a special meeting of SAMA stockholders held yesterday, they have completed their previously announced business combination (the “Business Combination”), pursuant to which Clever Leaves Holdings Inc. (“Holdco”), a newly formed holding company, has acquired SAMA and Clever Leaves for total consideration of approximately $205 million.
Upon completion of the Business Combination, SAMA became a wholly owned subsidiary of Holdco and the shares of common stock and warrants of SAMA were exchanged for common shares and warrants of Holdco. The Holdco ....

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Cannabis producer Clever Leaves starts trading in Nasdaq

Cannabis producer Clever Leaves starts trading in Nasdaq
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