reports
KALERA PLC RECEIVES NOTICE OF DELISTING FROM NASDAQ
KALERA PLC RECEIVES NOTICE OF DELISTING FROM NASDAQ Orlando, Fla, April 10, 2023 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (“Kalera PLC” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, today announced that on April 6, 2023, it received a delisting notification from Nasdaq Stock Market LLC (“Nasdaq”) advising the Company that Nasdaq would suspend trading of the Company’s common stock as of the opening of business on April 17, 2023. Nasdaq’s determination was based on the following: (i) Under Listing Rule 5101, the Company is a public s...
KALERA PLC ANNOUNCES ITS WHOLLY-OWNED AND MAIN OPERATING SUBSIDIARY, K...
KALERA PLC ANNOUNCES ITS WHOLLY-OWNED AND MAIN OPERATING SUBSIDIARY, KALERA, INC., FILES FOR CHAPTER 11 PROTECTION TO PURSUE FINANCIAL AND OPERATIONAL REOGRANIZATION Kalera, Inc. Files for Protection under Chapter 11 to Explore Strategic Alternatives Kalera, Inc. Agrees to $5.1 million Debtor-in-Possession (DIP) Financing to Support Continuing of Operations During Proceedings Kalera, Inc. Will Continue to Operate Houston and Denver Facilities and These Will Continue to Serve Kalera’s Existing Customer Base Orlando, Fla, April 04, 2023 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (...
KALERA PLC ANNOUNCES COMPLETING THE SEPARATION OF INTERNATIONAL ASSETS...
KALERA PLC ANNOUNCES COMPLETING THE SEPARATION OF INTERNATIONAL ASSETS ACCELERATING TRANSFORMATION Separation will advance transformation of Kalera into a pure-play U.S. vertical farming company positioned for long-term growth and shareholder value creation; Reinforces Kalera’s commitment to reduce cash burn and accelerate time to become a cash flow positive company in the U.S. Orlando, Fla, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (“Kalera” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, announced today that in the ...
Kalera Outlines Additional Actions to Improve Profitability
Kalera Outlines Additional Actions to Improve Profitability Orlando, Fla, Jan. 13, 2023 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (“Kalera” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, provided an update on the steps it has taken and its plans going forward to achieve cash flow break-even by the end of fiscal year 2023. “I continue to be very pleased with the commercial side of our business, specifically sales and operations. Demand for our products is stronger than ever across all channels, and our facilities are operating bette...
Kalera Shareholders Approve Reverse Stock Split
Kalera Shareholders Approve Reverse Stock Split Kalera ordinary shares expected to begin trading on a split-adjusted basis on December 23, 2022 Orlando, Florida, Dec. 23, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (“Kalera” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, today announced that shareholders approved a reverse stock split of its outstanding ordinary shares (the “Ordinary Shares”) at a ratio of 100-for-1. The reverse stock split will become effective today, December 23, 2022, and Ordinary Shares will begin trading o...
Kalera Encourages Shareholders to Vote in Upcoming Extraordinary Gener...
Kalera Encourages Shareholders to Vote in Upcoming Extraordinary General Meeting Seeks to Avoid Delisting from Nasdaq Capital Market ORLANDO, Fla., Dec. 06, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (“Kalera” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, will hold an extraordinary general meeting of its shareholders (the “EGM”) on December 15, 2022 at noon EST (5:00 p.m., Irish time) to seek shareholder approval of a reverse stock split. “The Board of Directors encourages shareholders to vote FOR the reverse stock split...
Kalera Announces Restructuring Process for German Subsidiary
Kalera Announces Restructuring Process for German Subsidiary ORLANDO, Fla., Nov. 28, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (“Kalera” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Fla., today announced that the Company has decided to initiate the restructuring of its German subsidiary, Kalera GmbH (f/k/a “&ever”) through a court-supervised process. Following Kalera PLC’s announcement on October 18, 2022 of its intention to divest the assets of its international business, the Company began exploring strategic alternatives in close...
Kalera Announces Third Quarter 2022 Financial Results
Kalera Announces Third Quarter 2022 Financial Results ORLANDO, Fla., Nov. 14, 2022 (GLOBE NEWSWIRE) -- (Nasdaq: KAL, “Kalera” or the “Company”), a vertical farming company, today reported its financial results for the third quarter ended September 30, 2022. “Although our balance sheet is challenged, we are meeting or exceeding our goals on both the top and bottom lines,” said Jim Leighton, President and Chief Executive Officer of Kalera. “Revenue more than doubled compared to the third quarter of last year and increased sequentially over the second quarter of this year, driven by...
Kalera Reports Preliminary Third Quarter 2022 Financial Results
Kalera Reports Preliminary Third Quarter 2022 Financial Results The Company will host a conference call on Tuesday, November 15 at 8:00 a.m. Eastern Time ORLANDO, Fla., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (“Kalera” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, today announced selected preliminary financial results for its third quarter ended September 30, 2022. Conference Call The Company will host a conference call on Tuesday, November 15 at 8:00 a.m. Eastern Time to discuss its results for the quarter ...
Kalera to Release Third Quarter 2022 Earnings on November 14
Kalera to Release Third Quarter 2022 Earnings on November 14 Kalera to participate in 2nd Annual Roth AgTech Answers Event on November 15 Orlando, Fla., Nov. 04, 2022 (GLOBE NEWSWIRE) -- (Nasdaq: KAL, “Kalera” or the “Company”), a vertical farming company, today announced it will release its financial results for the third quarter ended September 30, 2022 after the market closes on Monday, November 14, 2022. Conference Call The Company will host a conference call on Tuesday, November 15 at 8:00 a.m. Eastern Time to discuss the results and answer questions. ...
Kalera Announces Closing of Public Offering to Support Strategy Bringi...
Kalera Announces Closing of Public Offering to Support Strategy Bringing Operating U.S. Farms into Cash Flow Positive in 2023 Raised $8.84 million from existing and new investors to add liquidity. Orlando, Nov. 03, 2022 (GLOBE NEWSWIRE) -- ORLANDO, Fla., November 3, 2022 (GLOBE NEWSWIRE) – Kalera Public Limited Company (“Kalera” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, with operations in the U.S. and international markets including Europe, Asia, and the Middle East, today announced the closing on Monday, October 31st of a public offe...
Kalera Public Limited Company Announces Pricing of $8.84 Million Publi...
Kalera Public Limited Company Announces Pricing of $8.84 Million Public Offering Orlando, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company Announces Pricing of $8.84 Million Public Offering ORLANDO, Fla., October 26, 2022 (GLOBE NEWSWIRE) – Kalera Public Limited Company (“Kalera” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, today announced the pricing of its public offering of an aggregate of 68,000,000 units at a public offering price of $0.13 per unit. Each unit consists of one ordinary share (or prefunded warrant in lieu...
Kalera to Divest Seed Genetics Business and International Assets
Kalera to Divest Seed Genetics Business and International Assets ORLANDO, Fla., Oct. 18, 2022 (GLOBE NEWSWIRE) -- (Nasdaq: KAL, KALWW; “Kalera” or the “Company”), a vertical farming company, announced today that it intends to divest its subsidiary, Vindara, and the assets of its international business. Vindara is expected to continue serving Kalera’s strategic custom seed needs and serving other indoor farming companies. The international business includes the previous &ever GmbH management team, and farming assets in Kuwait and Singapore. “We expect that these divestitures will address...
- Alexander Aukner
Kalera Outlines New Strategy and Path to Profitability
Kalera Outlines New Strategy and Path to Profitability Analyst and investor event highlights company’s opportunities and differentiators as a leader in vertical farming and as a consumer packaged goods company ORLANDO, Fla., Sept. 22, 2022 (GLOBE NEWSWIRE) -- (Nasdaq: KAL, “Kalera” or the “Company”), a vertical farming company, outlined its new strategy and path to profitability for analysts and investors during a virtual event held today. “We have established the foundational elements and gained the key learnings required to be a leader in this space,” said Jim Leighton, Pr...
Kalera to Host Virtual Analyst and Investor Event on September 22
Kalera to Host Virtual Analyst and Investor Event on September 22 ORLANDO, Fla., Sept. 07, 2022 (GLOBE NEWSWIRE) -- (Nasdaq: KAL, “Kalera” or the “Company”), a vertical farming company, today announced it will host a 90-minute Virtual Analyst and Investor Event on Thursday, September 22, 2022 at 1:00 p.m. Eastern Time. Analysts and investors will have the opportunity to hear from Kalera senior management on the compelling global market opportunity in Controlled Environment Agriculture (CEA), and specifically vertical farming; the company’s differentiated Consumer Packaged Goods (CPG) st...
Kalera Announces Expanded Retail Distribution
Kalera Announces Expanded Retail Distribution Denver Farm Ahead of Schedule ORLANDO, Fla., Aug. 29, 2022 (GLOBE NEWSWIRE) -- (Nasdaq: KAL, “Kalera” or the “Company”), a vertical farming company, today announced its retail store count has grown by 25% this year, with 1,370 retail stores to date and additional retailers expected in the coming months. Kalera is on track to surpass 40 percent growth by year end. “Kalera’s strategic priority is profitable pragmatic growth from an International, USA based national and regional footprint serving strategic partnerships with retailers and food...
Kalera Announces Second Quarter 2022 Financial Results
Kalera Announces Second Quarter 2022 Financial Results ORLANDO, Fla., Aug. 19, 2022 (GLOBE NEWSWIRE) -- (Nasdaq: KAL, “Kalera” or the “Company”), a vertical farming company, today reported its financial results for the second quarter ended June 30, 2022. Second Quarter Financial Overview Total revenue of $1.3 million, marking an increase of $0.8 million from the second quarter last year: Foodservice revenue of $0.8 million, an increase of $0.6 million;Retail revenue of $0.5 million, an increase of $0.2 million. Net loss of $78.7 million, or a loss of $3.92 per diluted share, whi...
Kalera Announces Revised Date for Second Quarter 2022 Financial Result...
Kalera Announces Revised Date for Second Quarter 2022 Financial Results ORLANDO, Fla., Aug. 12, 2022 (GLOBE NEWSWIRE) -- (Nasdaq: KAL, “Kalera” or the “Company”), a vertical farming company, today announced its second quarter 2022 earnings release and conference call has been rescheduled to allow additional time to complete its Quarterly Report on Form 10-Q. Kalera will now release financial results for the second quarter ended June 30, 2022 on Friday, August 19, before the market opens. This change is due to the timing of the company’s business combination with Agrico Acquisition Corpo...
UPDATE -- Kalera Releases 2021 ESG Report
UPDATE -- Kalera Releases 2021 ESG Report Indoor vertical farming company releases sustainability and safety achievements during 2021 in addition to carbon neutrality goals ORLANDO, Fla., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Kalera, one of the world’s leading hydroponic indoor vertical farming companies, today released its most recent Environmental, Social and Governance (ESG) Report, highlighting the company’s sustainability framework, past year achievements, and its vision for 2030. “Kalera’s first-ever ESG Report illustrates our foundation rooted in sustainability and equity,” said J...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.