In a reverse merger transaction on Sept. 28. Under the terms of the transaction, each share of AppHarvest common stock issued and outstanding will be canceled and converted into the right to receive the number of shares of common stock of Novus equal to the quotient obtained by dividing 50 million by the total number of shares of AppHarvest common stock outstanding, excluding any shares issuable upon the conversion of up to $30 million in aggregate principal amount of AppHarvest Interim Period Convertible Notes.
AppHarvest, Inc entered into a business combination agreement to acquire Novus Capital Corporation
