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New Jersey Vertical-Farming Firm To Go Public in $1.2 Billion SPAC Deal

AeroFarms, a New Kind of Industrial Tenant, Would Trade via Merger
Vertical farms, like this one by AeroFarms, are leasing industrial space in urban areas. (AeroFarms)
Vertical farms, like this one by AeroFarms, are leasing industrial space in urban areas. (AeroFarms)
CoStar News
March 27, 2021 | 1:48 P.M.

AeroFarms, a New Jersey vertical-farming firm, plans to go public following a merger with Spring Valley Acquisition Corp., a special-purpose acquisition company, in a deal valued at $1.2 billion.

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