In the beginning of 2021, Forafric commenced its acquisition strategy, acquiring milling capacity in Mali, Burkina Faso, and Niger. Saad Bendidi, Chairman of Forafric, commented: "We are proud to be the first-ever Moroccan based company and African agribusiness to come public on a U.S. Exchange. AdvisorsChardan is serving as financial advisor to Globis in connection with the business combination. About Globis Acquisition Corp.Globis Acquisition Corp. (Globis) is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Contacts:Hayden IRBrett Maas(646) 536-7331brett@haydenir.comSOURCE: Globis Acquisition Corp.View source version on accesswire.com:https://www.accesswire.com/678507/Forafric-a-Leading-African-Agribusiness-to-Go-Public-in-SPAC-Deal-via-Globis-Acquisition-Corp

Source: The North Africa Journal December 20, 2021 11:16 UTC