ADOC - Australian Oilseeds to go public through deal with SPAC EDOC Acquisition
- SPAC EDOC Acquisition ( NASDAQ: ADOC ) on Wednesday announced a deal to take Australian Oilseeds Investments public, representing $190M enterprise valuation of the combined firm.
- Once the deal closes, Australian Oilseeds will seek to be listed on Nasdaq Capital Markets.
- Australian Oilseeds is in the business of processing, manufacturing and selling non-GMO oilseeds and organic and non-organic food-grade oils, for the rapidly growing oilseeds market.
- The company is the largest cold pressing oil plant in Australia, pressing GMO-free conventional and organic oilseeds.
- EDOC ( ADOC ) in August scrapped its merger with Calidi Biotherapeutics .
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Australian Oilseeds to go public through deal with SPAC EDOC Acquisition