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10X Capital Venture Acquisition Corp. II - VCXA STOCK NEWS

Welcome to our dedicated page for 10X Capital Venture Acquisition II news (Ticker: VCXA), a resource for investors and traders seeking the latest updates and insights on 10X Capital Venture Acquisition II stock.

10X Capital Venture Acquisition Corp. II (VCXA) is a Special Purpose Acquisition Company (SPAC) focused on identifying high-growth merger targets. This news hub provides investors with official updates on potential acquisitions, regulatory filings, and strategic developments.

Access verified information about VCXA's business combination process, including due diligence progress and partnership announcements. Our curated news collection features essential updates on merger candidates like African Agriculture, Inc., financial disclosures, and leadership team insights.

Key content includes merger vote announcements, SEC filing analyses, investor presentation releases, and market reaction coverage. Bookmark this page for streamlined tracking of VCXA's SPAC timeline and target company evaluations.

Rhea-AI Summary
10X Capital Venture Acquisition Corp. II (NASDAQ: VCXA) completes merger with African Agriculture, Inc., changing its name to African Agriculture Holdings Inc. The company's common stock and warrants will commence trading on the Nasdaq Global Market under the ticker symbols 'AAGR' and 'AAGRW' on December 7, 2023. African Agriculture operates a commercial-scale alfalfa farm in West Africa, aiming to provide global food security, and will be the first U.S.-listed agriculture company operating in Africa. The company's CEO, Alan Kessler, has over 25 years of experience in commodities and emerging markets, and the board of directors includes prominent figures from various sectors. African Agriculture is poised to capture a meaningful share of the $21 billion global alfalfa market, with plans to expand its agricultural operations and geographic footprint on the African continent.
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10X Capital Venture Acquisition Corp. II (NASDAQ:VCXA) shareholders approved the proposed Business Combination with African Agriculture, Inc. The closing is expected to occur on or before December 20, 2023.
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10X Capital Venture Acquisition Corp. II (NASDAQ:VCXA) has rescheduled its extraordinary general meeting for the proposed business combination with African Agriculture, Inc. Shareholders have until December 1, 2023, to submit their shares for redemption, with the meeting now set for December 5, 2023. The record date for the meeting remains October 13, 2023.
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African Agriculture has announced a partnership with the Mauritanian Government to invest up to $500 million in commercial farming in the Senegal River Valley. The initiative will start with 2,000 hectares and an initial investment of $30 million to cultivate Alfalfa for dairy cattle feed. This project aims to significantly improve Mauritania's GDP and create permanent jobs. The agreement was signed during President Mohamed Cheikh Ghazouani's visit to Washington, highlighting the project's potential impact on local communities and the agricultural sector.

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10X Capital Venture Acquisition Corp. II (Nasdaq: VCXAU) announced that starting October 1, 2021, holders of units sold in the IPO can separately trade Class A ordinary shares and warrants. The separated shares will trade under the symbols 'VCXA' and 'VCXAW' on Nasdaq, while unseparated units will continue under 'VCXAU.' This transition allows for more trading flexibility. The units were initially offered with Cantor Fitzgerald & Co. as the sole book-running manager, and the registration was approved by the SEC on August 10, 2021.

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10X Capital Venture Acquisition Corp. II (Nasdaq: VCXAU) successfully closed its initial public offering, raising $200 million from the sale of 20 million units priced at $10.00 each. The units began trading on Nasdaq under the symbol VXCAU on August 11, 2021. Each unit comprises one Class A ordinary share and one-third of a redeemable warrant. The company, a blank-check entity, aims to merge with high-growth technology businesses across various sectors, including eCommerce and healthcare. Cantor Fitzgerald & Co. managed the offering, granting a 45-day option for underwriters to purchase additional units.

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10X Capital Venture Acquisition Corp. II has announced the pricing of its initial public offering (IPO) of 20 million units at $10.00 per unit, to be listed on the Nasdaq under the symbol VCXAU starting August 11, 2021. Each unit comprises one Class A ordinary share and one-third of a redeemable warrant, with the whole warrant exercisable at $11.50 per share. The company aims to merge or acquire high-growth technology businesses across various sectors. Cantor Fitzgerald & Co. is the sole book-running manager and has a 45-day option for additional units.

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10X Capital Venture Acquisition Corp. II

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