CTSW Advises Agribusiness Client in SPAC Transaction Raising $45 Million

CTSW served as securities counsel to Forafric Agro Holdings Limited, a leading agribusiness company specializing in wheat processing, in connection with its business combination with Globis Acquisition Corp., a special purpose acquisition company. Forafric raised $45 million in new capital. The combined ordinary shares and public warrants of the combined company, which will do business as Forafric Global PLC, have commenced trading on Nasdaq. The company is the first African agribusiness and first Moroccan-based company to list on a major U.S. exchange. Larry Tauber and Joseph Vann worked on this transaction.