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Thursday, June 9, 2022

Equity Corporate Actions Alert #2022 - 132
Information Regarding the Business Combination of Globis Acquisition Corp. (GLAQ/U/W) and Forafric Agro Holdings Limited

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  • Industry Announcement

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The business combination of Globis Acquisition Corp. (GLAQ/U/W) & Forafric Agro Holdings Limited became effective today, June 9, 2022. As a result of the business combination, the common stock, warrant, and unit of Globis Acquisition Corp (GLAQ/U/W) will be suspended from trading. These actions will become effective on June 10, 2022

Company Name/Issue: Globis Acquisition Corp. Class A Common Stock
CUSIP#: 379582109
Symbol: GLAQ
Last Trading Date: June 9, 2022
Marketplace Effective Date for Suspension: June 10, 2022
Merger Consideration: One (1) Ordinary Shares of Forafric Global PLC (AFRI) for each share held.
Company Name/Issue: Globis Acquisition Corp. Warrant
CUSIP#: 379582117
Symbol: GLAQW
Last Trading Date: June 9, 2022
Marketplace Effective Date for Suspension: June 10, 2022
Merger Consideration: One (1) Forafric Global PLC Warrant expiring 6/9/2027 (AFRIW) for each warrant held.
Company Name/Issue: Globis Acquisition Corp. Unit
CUSIP#: 379582208
Symbol: GLAQU
Last Trading Date: June 9, 2022
Marketplace Effective Date for Suspension: June 10, 2022
Merger Consideration: Unit will separate into its components

As a result of the merger, the combined company will be listed on the Nasdaq Capital Market. The details are as follows:

Company: Forafric Global PLC Ordinary Shares
CUSIP#: X3R81D102
Symbol: AFRI
Marketplace Effective Date: June 10, 2022

Company: Forafric Global PLC Warrant expiring 6/9/2027
CUSIP#: X3R81D110
Symbol: AFRIW
Marketplace Effective Date: June 10, 2022

If you would like to register as a market maker in AFRI or AFRIW, contact Nasdaq Trading Services at +1 212 231 5100.


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