Appharvest

Levi & Korsinsky, LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of AppHarvest, Inc. Securities

Retrieved on: 
Lundi, avril 1, 2024

NEW YORK, April 1, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP announces that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class action settlement that would benefit purchasers of AppHarvest, Inc. securities (NASDAQ: APPH) and (NASDAQ: APPHW).

Key Points: 
  • NEW YORK, April 1, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP announces that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class action settlement that would benefit purchasers of AppHarvest, Inc. securities (NASDAQ: APPH) and (NASDAQ: APPHW).
  • SUMMARY NOTICE OF PENDENCY OF CLASS ACTION, PROPOSED CLASS ACTION SETTLEMENT, FINAL APPROVAL HEARING, AND MOTION FOR ATTORNEYS' FEES AND EXPENSES
    To:      All persons and entities that purchased or otherwise acquired securities of AppHarvest, Inc., during the period from February 1, 2021 and August 10, 2021, inclusive, and were injured thereby (the "Settlement Class").
  • You do NOT need to attend the Settlement Hearing to receive a distribution from the Net Settlement Fund.
  • IF YOU ARE A MEMBER OF THE SETTLEMENT CLASS, YOUR RIGHTS WILL BE AFFECTED BY THE PROPOSED SETTLEMENT AND YOU MAY BE ENTITLED TO A MONETARY PAYMENT.

United States Commercial Greenhouse Market Report 2023-2028: From Farm to Table - Meeting the Demand for Fresh Produce

Retrieved on: 
Lundi, février 5, 2024

DUBLIN, Feb. 5, 2024 /PRNewswire/ -- The "U.S. Commercial Greenhouse Market Forecasts from 2023 to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 5, 2024 /PRNewswire/ -- The "U.S. Commercial Greenhouse Market Forecasts from 2023 to 2028" report has been added to ResearchAndMarkets.com's offering.
  • The latest market intelligence report on the U.S. commercial greenhouse industry underlines a substantial growth trajectory for the sector, with expectations to reach an impressive US$837.885 million by 2028.
  • As demand for year-round produce continues to climb, commercial greenhouses in the United States are experiencing an upswing, providing necessary supply chains for supermarkets and consumers with an appetite for fresh, organic, and sustainably sourced fruits and vegetables.
  • Local Food Revolution: Local and hyper-local food trends have leveraged the commercial greenhouse market by meeting consumer preferences for local produce availability around the calendar year.

Travis Parman Joins Philip Morris International as Vice President, Chief Communications Officer, U.S.

Retrieved on: 
Lundi, novembre 27, 2023

Philip Morris International Inc. (PMI) (NYSE: PM) announced today that it has appointed Travis Parman Vice President, Chief Communications Officer, U.S. Parman will lead communications for PMI’s U.S. business as the company progresses toward its goal of delivering a smoke-free future for adults who currently smoke and would otherwise not quit.

Key Points: 
  • Philip Morris International Inc. (PMI) (NYSE: PM) announced today that it has appointed Travis Parman Vice President, Chief Communications Officer, U.S. Parman will lead communications for PMI’s U.S. business as the company progresses toward its goal of delivering a smoke-free future for adults who currently smoke and would otherwise not quit.
  • “We are thrilled that Travis is joining us in our bold ambition to deliver a smoke-free future in the United States.
  • He previously held multiple roles with the Renault-Nissan-Mitsubishi Alliance in Paris, Nashville, and Yokohama, Japan—most recently as VP, International Communications and Global Engagement.
  • Parman holds a master’s degree in communications management from the Newhouse School of Public Communications at Syracuse University and a bachelor’s degree in communications from the University of Tennessee.

Former PepsiCo Exec Julie Nelson Joins Tractor Beverage Company

Retrieved on: 
Jeudi, octobre 26, 2023

HAYDEN, Idaho, Oct. 26, 2023 /PRNewswire/ -- Tractor Beverage Company, exclusive creator of the world's only certified organic, non-GMO food service beverages, announced today the appointment of Julie Nelson to its executive team. Julie's career, marked by her recent role as Chief Operating Officer at AppHarvest, further solidifies Tractor Beverage Company's commitment to making organically-crafted, sustainably sourced beverages accessible to everyone, regardless of their dining preferences. 

Key Points: 
  • HAYDEN, Idaho, Oct. 26, 2023 /PRNewswire/ -- Tractor Beverage Company , exclusive creator of the world's only certified organic, non-GMO food service beverages, announced today the appointment of Julie Nelson to its executive team.
  • Julie brings over 25 years of experience in supply chain and operations, product commercialization, frontline sales and sales strategy.
  • Prior to this, Julie helped consumer and industrial organizations navigate supply chain challenges during COVID-19 as an Associate Partner at McKinsey & Company.
  • "Julie's reputation as a seasoned leader with a proven track record of success is what captured our attention," said Kevin Sherman, CEO of Tractor Beverage Company.

Delisting of Securities of Nymox Pharmaceutical Corporation; Aridis Pharmaceuticals Inc.; Novan, Inc.; ViewRay, Inc.; 9 Meters Biopharma, Inc.; Nabriva Therapeutics plc; UTA Acquisition Corporation; AppHarvest, Inc.; Yellow Corporation; Proterra Inc.; Amy

Retrieved on: 
Jeudi, septembre 7, 2023

Nymox Pharmaceutical Corporation’s securities were suspended on July 7, 2023, and have not traded on Nasdaq since that time.

Key Points: 
  • Nymox Pharmaceutical Corporation’s securities were suspended on July 7, 2023, and have not traded on Nasdaq since that time.
  • Nasdaq also announced today that it will delist the common stock of Aridis Pharmaceuticals Inc. Aridis Pharmaceuticals Inc.’s securities were suspended on July 19, 2023, and have not traded on Nasdaq since that time.
  • Nasdaq also announced today that it will delist the ordinary shares of Nabriva Therapeutics plc.
  • Nabriva Therapeutics plc’s securities were suspended on August 1, 2023, and have not traded on Nasdaq since that time.

FASTEST GROWING PACKAGED SALADS LEADER AEROFARMS EXPANDS RETAIL BUSINESS WITH S. KATZMAN PRODUCE AND H MART

Retrieved on: 
Mercredi, août 2, 2023

“AeroFarms is recognized everywhere for its unique varieties and prized flavor, and we are excited to partner with fellow leading companies known for their innovation and produce expertise like S. Katzman Produce and H Mart,” said Guy Blanchard, President & CFO of AeroFarms.

Key Points: 
  • “AeroFarms is recognized everywhere for its unique varieties and prized flavor, and we are excited to partner with fellow leading companies known for their innovation and produce expertise like S. Katzman Produce and H Mart,” said Guy Blanchard, President & CFO of AeroFarms.
  • In addition, AeroFarms microgreens provide higher nutrient density than their mature green counterparts, offering a powerful way to provide a potent boost of vitamins, minerals, and phytonutrients.
  • “We are always looking for new products that will help our customers grow,” said Stefanie Katzman, Executive Vice President at S. Katzman Produce.
  • AeroFarms microgreens are completely pesticide free and are ready to eat without any need to wash, providing a major benefit to customers looking for safety and convenience.

AppHarvest announces Chapter 11 filing to support a financial and operational transition

Retrieved on: 
Lundi, juillet 24, 2023

 MOREHEAD, Ky., July 24, 2023 (GLOBE NEWSWIRE) --  AppHarvest, Inc. (NASDAQ: APPH, APPHW), a sustainable food company, public benefit corporation and Certified B Corp building and operating some of the world’s largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today announced that it is pursuing a financial and operational transition to enable the company to reduce its outstanding liabilities. Business operations will continue at the farms, including shipping product to top national grocery store chains, restaurants and food service outlets.

Key Points: 
  • To pursue its transition, AppHarvest, Inc. has filed voluntary petitions for protection under Chapter 11 of the U.S. Bankruptcy Code (the “Chapter 11 Cases”) in the U.S. Bankruptcy Court for the Southern District of Texas (the “Court”).
  • The company has also obtained a commitment from Equilibrium, the company’s largest secured creditor, to provide approximately $30 million of debtor-in-possession (“DIP”) financing to provide the necessary liquidity to support operations at the AppHarvest Morehead, AppHarvest Richmond and AppHarvest Somerset farms during the Chapter 11 process.
  • “The AppHarvest board of directors and executive leadership evaluated several strategic alternatives to maximize value for all stakeholders prior to the Chapter 11 filing,” said AppHarvest CEO Tony Martin.
  • AppHarvest is represented by Sidley Austin LLP and Jackson Walker LLP as counsel, Jefferies LLC as investment banker and Portage Point Partners as financial adviser.

AppHarvest names CEA industry vet Tony Martin CEO to help accelerate production and revenue ramp up of high-tech indoor farm network

Retrieved on: 
Jeudi, juillet 13, 2023

MOREHEAD, Ky., July 13, 2023 (GLOBE NEWSWIRE) -- AppHarvest, Inc. (NASDAQ: APPH, APPHW), a sustainable food company, public benefit corporation and Certified B Corp building some of the world’s largest high-tech indoor farms to grow affordable, nutritious fruits and vegetables at scale while providing good jobs in Appalachia, today named controlled environment agriculture veteran Tony Martin its chief executive officer effective immediately to accelerate its strategic plan, Project New Leaf, which has shown strong progress toward operational efficiencies resulting in higher sales, cost savings and product quality as the company works to increase production across its four-farm network.

Key Points: 
  • Martin has served as an AppHarvest board member since October 2022 and as chief operating officer since January of this year.
  • “I’m seeing a maturity building in the organization to better manage issues and to mitigate any material impact from challenges.
  • AppHarvest Founder Jonathan Webb transitions from his previous roles as chairman and CEO to become chief strategy officer.
  • The board and I thank Jonathan for his service as CEO and chair and appreciate his continued efforts to support the company.”

Investor Interest Growing in Agricultural Technologies

Retrieved on: 
Jeudi, mai 11, 2023

NEW YORK, May 11, 2023 /PRNewswire/ -- The agriculture industry has generally been a large and essential industry. In recent years, it has undergone significant changes due to advancements in technology, transforming the way we farm and produce food. Agriculture technology, also known as AgTech, refers to the use of technology to enhance agricultural productivity and efficiency. This includes the use of precision agriculture, automated equipment, biotechnology, and other technological innovations that help farmers make better decisions and optimize their operations. Among the various technological advancements are precision agriculture, automated equipment and biotechnology. The impact of agriculture technology extends beyond just the farming sector, as the benefits of AgTech can be felt across the entire supply chain, from increased production and efficiency to improved food safety and security. VCI Global Limited (NASDAQ: VCIG), The Mosaic Company (NYSE: MOS), Vital Farms (NASDAQ: VITL), AppHarvest, Inc. (NASDAQ: APPH), Corteva, Inc. (NYSE: CTVA) 

Key Points: 
  • Agriculture technology, also known as AgTech, refers to the use of technology to enhance agricultural productivity and efficiency.
  • On the other hand, industrial farming has also been greatly impacted by AgTech, allowing for larger-scale operations with fewer resources.
  • "Our decision to temporarily curtail Colonsay reflects near-term dynamics and not long-term agricultural market fundamentals.
  • With over 100 years of hybrid corn breeding, Corteva has built generational strength in germplasm performance that provides sustained yield advantage across diverse growing conditions.

Investor Interest Growing in Agricultural Technologies

Retrieved on: 
Jeudi, mai 11, 2023

NEW YORK, May 11, 2023 /PRNewswire/ -- The agriculture industry has generally been a large and essential industry. In recent years, it has undergone significant changes due to advancements in technology, transforming the way we farm and produce food. Agriculture technology, also known as AgTech, refers to the use of technology to enhance agricultural productivity and efficiency. This includes the use of precision agriculture, automated equipment, biotechnology, and other technological innovations that help farmers make better decisions and optimize their operations. Among the various technological advancements are precision agriculture, automated equipment and biotechnology. The impact of agriculture technology extends beyond just the farming sector, as the benefits of AgTech can be felt across the entire supply chain, from increased production and efficiency to improved food safety and security. VCI Global Limited (NASDAQ: VCIG), The Mosaic Company (NYSE: MOS), Vital Farms (NASDAQ: VITL), AppHarvest, Inc. (NASDAQ: APPH), Corteva, Inc. (NYSE: CTVA) 

Key Points: 
  • Agriculture technology, also known as AgTech, refers to the use of technology to enhance agricultural productivity and efficiency.
  • On the other hand, industrial farming has also been greatly impacted by AgTech, allowing for larger-scale operations with fewer resources.
  • "Our decision to temporarily curtail Colonsay reflects near-term dynamics and not long-term agricultural market fundamentals.
  • With over 100 years of hybrid corn breeding, Corteva has built generational strength in germplasm performance that provides sustained yield advantage across diverse growing conditions.