Edoc Acquisition in an 8-K filing said its sponsor entered into a share transfer agreement with merger partner Australian Oilseeds, which would receive 200,000 shares of the newly-combined company at deal closing.
The transaction had a post-combination valuation of $190 million when announced last December.
Australian Oilseeds is engaged in processing, manufacturing and selling of non-GMO oilseeds and organic and non-organic food-grade oils for the growing oilseeds market, through sourcing materials from suppliers focused on reducing the use of chemicals in consumables. Read more.
