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tpba - TPBA STOCK NEWS

Welcome to our dedicated page for tpba news (Ticker: tpba), a resource for investors and traders seeking the latest updates and insights on tpba stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect tpba's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Shareholders of TPB Acquisition Corporation I have approved the business combination with Lavoro Limited, a leading agricultural inputs retailer in Latin America, during a meeting on February 22, 2023. The transaction is set to close on February 27, 2023, with the combined entity expected to commence trading on the Nasdaq under the ticker symbols LVRO and LVROW on February 28, 2023. Lavoro, founded in 2017, is known for its extensive network and support of farmers through innovative technology.

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Lavoro, Brazil's largest agricultural inputs retailer, will participate in the 2023 ICR Conference on January 9-10, 2023 in Orlando, FL. A fireside chat will occur on January 10 at 2:00 PM EDT, available via webcast on their Investor Relations site. Following a September 2022 business combination agreement with TPB Acquisition Corporation I (NASDAQ: TPBA), Lavoro is set to become the first US-listed pure-play Latin American agricultural inputs retailer, aiming to enhance food security in the region.

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Lavoro, Brazil’s largest agricultural inputs retailer, will participate virtually in the Canaccord Genuity AgriFood Tech Innovation conference on December 1, 2022. Senior management will host a virtual presentation at 10:00 AM Eastern Daylight Time. In September, Lavoro announced a business combination with TPB Acquisition Corporation (Nasdaq: TPBA), aiming to create the first US-listed pure-play Latin American agricultural inputs retailer. This venture seeks to combine agricultural technology expertise with Lavoro’s capabilities to enhance food security and sustainability in Latin America.

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Lavoro, Brazil's leading agricultural inputs retailer, is set to hold its investor and analyst day on November 10, 2022, at 1:30 p.m. ET in New York City. The event will feature Lavoro's senior management discussing their long-term growth strategy and the proposed merger with TPB Acquisition Corporation I (TPBA). Attendees can engage in breakout sessions with executives and will have access to a live video webcast starting at 1:00 p.m. ET. Interested participants should register ahead of time.

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Lavoro, Brazil’s largest agricultural inputs retailer, has partnered with Pattern Ag to enhance productivity for Latin American farmers through DNA sequencing and digital agronomy. The multi-year agreement aims to predict crop risks and nutrient deficiencies, thus optimizing yields while minimizing costs and environmental impact. This collaboration follows Lavoro's goal to become the first US-listed pure-play Latin American agricultural inputs retailer via a merger with TPB Acquisition Corporation I (TPBA).

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Lavoro Group has announced its agreement to acquire NS Agro, marking its entry into the Chilean and Peruvian agricultural markets. NS Agro specializes in crop protection, fertilizers, and specialty products, with a 2021 revenue exceeding US$190 million. This acquisition aligns with Lavoro's growth strategy, as it aims to expand its market share and enhance its portfolio of agricultural inputs. The transaction is part of Lavoro's larger plan to combine with TPB Acquisition Corporation I to become the first US-listed pure-play Latin American agricultural inputs retailer.

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TPB Acquisition Corporation I (Nasdaq: TPBA, TPBAW, TPBAU) announced a merger with Lavoro Limited, Brazil's largest agricultural inputs retailer, with an enterprise value of $1.2 billion. The transaction aims to enhance agricultural productivity in Latin America and increase Lavoro's market share through retail and operational improvements. Lavoro is set to become the first US-listed pure-play Latin American agricultural inputs retailer. The deal could provide Lavoro with up to $225 million in cash proceeds and is expected to close in Q4 2022, pending shareholder approval.

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FAQ

What is the market cap of tpba (tpba)?

The market cap of tpba (tpba) is approximately 242.4M.

tpba

Nasdaq:TPBA

TPBA Rankings

TPBA Stock Data

242.36M
13.15M
25%
97.8%
0.21%
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