deSPAC Nature’s Miracle said today that its merger announced four days ago with Agrify has been terminated by mutual decision. Unfavorable market conditions were cited as the reason.
No termination or cancellation fees are owed by either party.
Nature’s Miracle went public in March via a SPAC merger with Lakeshore Acquisition II.
Nature’s Miracle provides hardware and software to design, build and operate various indoor growing settings including greenhouse, vertical farming and indoor-growing spaces. Read more.