Report post

Is AeroFarms a good stock to buy?

But AeroFarms is the real deal, already feeding Americans as fast as it can deliver its greens to retailers. And with the stock trading at the value of cash in trust, there is no downside to owning it here. Investors with an appetite for returns have every reason to start nibbling.

What happened to AeroFarms?

Newark, NJ, Sept. 18, 2023 (GLOBE NEWSWIRE) -- AeroFarms, Inc. (“AeroFarms” or the “Company”), a Certified B Corporation and market leader for indoor vertical farming and microgreens, today announced the successful completion of its restructuring process and exit of its business from Chapter 11 (Case No. 23-10737).

How much money has AeroFarms raised?

AeroFarms has raised a total of $238 million over 10 funding rounds, according to Crunchbase. In the months leading up to AeroFarms' planned merger with Spring Valley and its public debut, the vertical farming company seemed to be making the case to investors that it had vision, expertise and most importantly, growth potential.

The World's Leading Crypto Trading Platform

Get my welcome gifts