Infarm in Talks with Kernel SPAC: Report

Infarm

Infarm, a startup focused on indoor and urban farming, is in advanced talks to go public through a merger with Kernel Group Holdings, Bloomberg reports, citing people with knowledge of the matter.

A transaction would value the combined entity at more than $1 billion, said one of the people, who requested anonymity because the talks are private. Terms aren’t finalized and negotiations could still collapse. Read more.

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