Bioceres Crop Solutions Corp. (BIOX) Reports Q1 Revenues Miss

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Go back to Bioceres Crop Solutions Corp. (BIOX) Reports Q1 Revenues Miss

Bioceres Crop Solutions (BIOX) Acquires full Ownership of HB4 Soy and Strategic Intellectual Property Rights for Wheat

November 12, 2020 7:36 AM EST

Bioceres Crop Solutions Corp. (Bioceres or the Company) (NYSE American: BIOX), a fully-integrated provider of crop productivity solutions designed to enable the transition of agriculture towards carbon neutrality, announced today that it has entered into definitive agreements for the acquisition of the remaining 50% ownership interest in Verdeca LLC (Verdeca) as well as strategic Intellectual Property assets related to soybean and wheat from Arcadia Biosciences Inc. (Arcadia) (NASDAQ: RKDA).

OVERVIEW OF TRANSACTION

Bioceres has acquired from Arcadia the remaining ownership interest in Verdeca, a joint venture formed... More