Streetbeat News

AAGR

African Agriculture Holdings Inc.

Industry

Agricultural Farm Products

African Agriculture Holdings Inc., a food security company, engages in operating a commercial-scale alfalfa farm on the African continent. The company is based in New York, New York. African Agriculture Holdings Inc. operates as a subsidiary of Global Commodities & Investments Ltd.

Open

0.01

Mkt cap

463K

Volume

100

High

0.01

P/E Ratio

-0.01

52-wk high

0.53

Low

0.01

Div yield

N/A

52-wk low

0.00

African Agriculture (AAGR) has announced an exclusive supply agreement to provide the full production from 700 hectares currently under development. This agreement is anticipated to contribute to the company's revenue in 2024 and 2025.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 1:31 pm

African Agriculture Holdings Inc (NASDAQ:AAGR) has entered into a multi-year supply agreement with South Korea's Dr. Kahn to supply alfalfa. The deal involves the production from 700 hectares and is expected to contribute to African Agriculture's revenue in 2024 and 2025. The agreement is seen as a validation of African Agriculture's growth strategy and its role in global food security. AAGR's stock traded 5.98% lower at $1.10 in premarket trading.

Portfolio Pulse from Anusuya Lahiri

January 04, 2024 | 1:30 pm

African Agriculture (AAGR, AAGRW) has announced a multi-year supply agreement with South Korean holding company Dr. Kahn. This exclusive news was reported by Benzinga.

Portfolio Pulse from Benzinga Newsdesk

January 04, 2024 | 1:30 pm

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Portfolio Pulse from Avi Kapoor

December 11, 2023 | 6:13 pm

African Agriculture Holdings Inc. (NASDAQ:AAGR) announced plans to expand alfalfa production in Senegal following its merger and Nasdaq listing. The company aims to increase land utilization from 300 to 1,000 hectares and enhance production in 2024. AAGR's strategy includes broadening product offerings and expanding geographically, leveraging Africa's arable land to address global food security.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 1:19 pm

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Portfolio Pulse from Avi Kapoor

December 08, 2023 | 5:58 pm

10X Capital Venture Acquisition Corp. II (VCXA) has successfully merged with African Agriculture, targeting the $21 billion global alfalfa market. The merged entity, now named African Agriculture, will trade on the Nasdaq Global Market under the ticker 'AAGR' starting December 7, 2023. CEO Alan Kessler will ring the Nasdaq Opening Bell to celebrate the public trading debut, marking African Agriculture as the first pure-play U.S.-listed agriculture company operating in Africa.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 6:52 am

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