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Arcadia Biosciences to Merge With Roosevelt, Shares Surge 105% [Yahoo! Finance]
Last arcadia biosciences, inc. earnings: 3/25 04:05 pm
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US:NASDAQ Investor Relations: ir.arcadiabio.com
Under the terms of the agreement, the partners of Roosevelt will receive shares of Arcadia Biosciences common stock in exchange for their equity interests. Upon closing, the current Roosevelt equity owners and Arcadia Biosciences shareholders will own approximately 90% and 10% of Arcadia Biosciences' outstanding shares, respectively. Following the closing of the deal, the new company will be called Roosevelt Resources Inc. and is expected to trade under a new trading symbol. The new entity will be managed by the current Roosevelt management team with the assistance of one or more members of Arcadia Biosciences management. The deal is expected to close during the first quarter of 2025, subject to regulatory approvals. Arcadia Biosciences has been conducting a thorough strategic assessment since July 2023 to identify opportunities for enhancing shareholder value. In May 2024, Arcadia Biosciences sold its GoodWheat brand to Above Food Corp. During the month, RKDA also sold its R
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NEWS
- Arcadia Biosciences, Inc. (NASDAQ: RKDA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.[MarketBeat]
- Arcadia Biosciences, Inc. (NASDAQ: RKDA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.[MarketBeat]
- ARCADIA BIOSCIENCES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Arcadia Biosciences, Inc. - RKDA[Business Wire]
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates RKDA, IPG, OMC, EBTC on Behalf of Shareholders[PR Newswire]
- Arcadia Biosciences, Inc. (NASDAQ: RKDA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.[MarketBeat]
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RKDA
SEC Filings
SEC Filings
- 12/11/24 - Form 425
- 12/11/24 - Form 8-K
- 12/6/24 - Form 425
- RKDA's page on the SEC website
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