BIOX - LightJump Acquisition Moolec Science merger receives shareholder approval

• The merger of food ingredient company Moolec Science and special purpose acquisition company LightJump Acquisition ( NASDAQ: LJAQ ) was approved by shareholders.
• Moolec is backed by Nasdaq-listed Bioceres Crop Solutions ( NASDAQ: BIOX ).
• The two companies had agreed to merge in a deal that values the combined company at a pro forma equity value of $504M.
• The business combination was approved at a special meeting of stockholders of LightJump on Dec. 27 with ~92% of the votes cast in favor of the business combination.
• The transaction is expected to close on Dec. 30.
• The combined company will be Moolec Science, and its shares and warrants are expected to begin trading on Nasdaq under the symbols MLEC and MLECW, respectively, from January 2023.
• Source: Press Release

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