How do I invest in AeroFarms stock?
After the merger, the company will trade on the Nasdaq under the ticker "ARFM." Once AeroFarms goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
What do we know about the AeroFarms IPO?
Here's everything we know so far about the AeroFarms IPO. Indoor vertical farming company AeroFarms is expected to go public via a merger with a special purpose acquisition company (SPAC). We'll update this page as new information becomes available.
How much is aerogrow stock worth?
One share of AERO stock can currently be purchased for approximately $3.18. How much money does Aerogrow International make? Aerogrow International has a market capitalization of $109.17 million and generates $39.21 million in revenue each year. The company earns $60 thousand in net income (profit) each year or $0.28 on an earnings per share basis.
How much money has AeroFarms raised so far?
AeroFarms's latest funding round in July 2019 was reported to be $100 m. In total, AeroFarms has raised $195.8 m
Is AeroFarms on the stock market?
AeroFarms, a leading indoor farming company, will debut in the market after completing a reverse merger with SPAC Spring Valley Acquisition (NASDAQ:SV).
What is AeroFarms stock symbol?
ARFMThe newly merged company will trade on the Nasdaq under the ticker symbol ARFM sometime in Q2 of 2021.
How much is AeroFarms worth?
$1.2 billionValued at $1.2 billion, AeroFarms has $2.5 million in sales (let's say $3 million to be super generous).
Is AeroFarms public?
were originally announced in March 2021. Under the deal, AeroFarms would have become a publicly-traded company on the NASDAQ. Spring Valley shareholders voted to approve the merger in late August according to an 8-K form filed with the Securities and Exchange Commission.
Can I invest in vertical farms?
Vertical farming is a type of agriculture that uses an artificial environment to grow plants in stacks, such as in a greenhouse or indoor farm....7 Vertical Farming Stocks to Buy Before They Boom.APPHAppHarvest$5.20HYFMHydrofarm Holdings$14.55VFFVillage Farms International$5.18AGFYAgrify Corp$7.75GRWGGrowGeneration Corp$9.202 more rows•Apr 6, 2022
How can I buy AeroFarms?
At retail, we sell our AeroFarms leafy greens and microgreens at ShopRite, Whole Foods Market, AmazonFresh, FreshDirect and more. You can find out more about where to purchase them here.
What company is the leader in vertical farming?
AeroFarms was founded in 2004 and is world leader in vertical farming. It's helping to solve issues such as population growth, water scarcity, arable land loss and supply chain risks. AeroFarms also achieves up to 390 times greater productivity per square foot versus traditional farming.
Are vertical farms profitable?
Advantages of vertical farming over traditional agriculture By going vertical, farmers can focus on quality, nutrition, and the taste of the produce. As a result, products grown indoors can improve health, nutrition, sustainability, and profit for all parties involved.
What happened to AeroFarms?
AeroFarms and Spring Valley said in a statement that they “mutually agreed” to terminate the agreement. “We made this decision to ensure that AeroFarms is in an optimal position to pursue our growth strategy,” said AeroFarms co-founder and CEO David Rosenberg.
Who owns AeroFarms?
David RosenbergAeroFarmsIndustryAgricultureFounderDavid Rosenberg (CEO) Marc Oshima (CMO) Edward Harwood (CSO)HeadquartersNewark, New Jersey , U.S.ProductsAeroponic technologyWebsiteaerofarms.com1 more row
How many employees does AeroFarms have?
Dirt-Free Farming The company's 120 employees come from fields as varied as agriculture, biology, and data science, and they're stationed around the world; AeroFarms even has a demo farm in Saudi Arabia.
What is a SPAC stock?
Special Purpose Acquisition Companies or SPACs are non-operating publicly-listed companies whose purpose is to identify and purchase a private company, allowing the acquisition target to have publicly listed stock. SPACs are also known as blank check companies.
Who owns AeroFarms?
David RosenbergAeroFarmsIndustryAgricultureFounderDavid Rosenberg (CEO) Marc Oshima (CMO) Edward Harwood (CSO)HeadquartersNewark, New Jersey , U.S.ProductsAeroponic technologyWebsiteaerofarms.com1 more row
Is plenty a public company?
Plenty does not currently have an official ticker symbol because this company is still private.
How many employees does AeroFarms have?
Dirt-Free Farming The company's 120 employees come from fields as varied as agriculture, biology, and data science, and they're stationed around the world; AeroFarms even has a demo farm in Saudi Arabia.
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Can the value of an investment go up or down?
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
What is AeroFarms?
AeroFarms is a vertical greenhouse that is trying to change how Americans create sustainable food. This Certified B-Corp uses vertical farming, AI, and biological sciences to improve the way fresh produce is grown and distributed locally and globally.
When will AeroFarms close?
AeroFarms is expected to receive $317 million in cash from the deal, and the deal is expected to close in the second quarter of 2021, which would assume that AeroFarms would branch off into their Nasdaq listing, ARFM, within the month.
What is AeroFarms' mission?
Unlike most greenhouses, AeroFarms' greenhouses take up little horizontal space, which allows them to pay less in expenses. AeroFarms' mission is to grow the best plants possible for the betterment of humanity.
Why are aero farms important?
AeroFarms' reason for existing today is to meet the need to solve issues brought on by climate change and other environmental issues. Due to strong droughts and water scarcity, water will be needed more and more if our world continues to use water at the pace we do today.
Where is Appharvest located?
AppHarvest is a business that is based out of Kentucky and Appalachia. Unlike AeroFarms, which primarily focuses on growing leafy greens, AppHarvest's current focus is tomatoes. AppHarvest has plans in place to expand into leafy greens in a major way in the next 5 years, however.
Is Bowery Farms a threat to AeroFarms?
First, Bowery Farms, another vertical farming company that is private, is a major threat to AeroFarms. First, they are roughly double the size of AeroFarms. Second, they are operating in the same rough geographical region that AeroFarms is selling in. Bowery operates in New York, with plans to expand into Pennsylvania.
Is AeroFarms competitive?
Although no major competitors are actively engaging in vertical farming (excluding one), they still have plenty of competition in the sustainable farming space.
What is Aerogrow International's stock symbol?
Aerogrow International trades on the OTCMKTS under the ticker symbol "AERO."
What other stocks do shareholders of Aerogrow International own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Aerogrow International investors own include AutoNation (AN), Aphria (APHQF), Aurora Cannabis (ACBFF), Baozun (BZUN), (XXII), Arotech (ARTX), (CGC), Triple-S Management (GTS), Luxfer (LXFR) and Tower International (TOWR).
How much money does Aerogrow International make?
Aerogrow International has a market capitalization of $109.16 million and generates $39.21 million in revenue each year. The company earns $60 thousand in net income (profit) each year or $0.28 on an earnings per share basis.
Where are Aerogrow International's headquarters?
Aerogrow International is headquartered at 6075 LONGBOW DRIVE SUITE 200, BOULDER CO, 80301.
What is AeroGrow International?
AeroGrow International, Inc. engages in the development, marketing, direct-selling, and wholesale of indoor garden systems to consumers and retailers worldwide. The company's principal products include indoor gardens and proprietary seed pod kits that allow consumers to grow vegetables, such as tomatoes, chili peppers, and salad greens; fresh herbs comprising cilantro, chives, basil, dill, oregano, and mint; and flowers, which comprise petunias, snapdragons, geraniums, and vinca. It also provides grow lights and a patented nutrient formula, as well as various cooking, gardening, and decor accessories. The company offers its in-home garden systems under the AeroGardens name. Its products are used in the gardening, cooking, healthy eating, and home and office décor markets. The company also provides its products through online and in-store retail distribution, as well as through direct-to-consumer sales channels. AeroGrow International, Inc. was founded in 2002 and is headquartered in Boulder, Colorado. AeroGrow International, Inc. operates as a subsidiary of SMG Growing Media, Inc.
What is the P/E ratio of Aerogrow?
The P/E ratio of Aerogrow International is 11.36 , which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.31.
Does Aerogrow pay dividends?
Aerogrow International does not currently pay a dividend.
When was AeroFarms founded?
This creates a unique opportunity to buy one of the best vertical farming stocks…. AeroFarms was founded in 2004 and is world leader in vertical farming. It’s helping to solve issues from population growth, water scarcity, arable land loss and supply chain risks.
What is Appharvest farming?
With these farms, AppHarvest is working to cultivate fresh fruits, veggies and leafy greens. It’s still in its early stages, but the potential is huge. The company is using conventional agricultural techniques, along with cutting-edge technology.
What is CubicFarm hydroponics?
CubicFarm also uses hydroponic technology. It provides complete indoor agricultural systems. The company also has vertical farm consultants. They help provide research and solutions for clients. On top of that, CubicFarm has an experienced leadership team.
Is Miracle Gro a reputable brand?
Scotts Miracle-Gro has many reputable brands but it’s not resting on its laurels. The company is beefing up its indoor farming products. It has more than 100 on-staff research scientists, specialists and engineers, as well as partnerships with leading academic institutions.
Where is CubicFarm stock traded?
If you decide to invest in CubicFarm stock, it’s a smaller Canadian company. It’s headquartered in British Columbia and its stock trades on the Toronto Stock Exchange (TSX). You can also buy shares in U.S. over-the-counter (OTC) markets, though.
Is farmland a good investment?
In general, farmland has been a great area to invest. To help explain why this is the case, here’s a quote from Mark Twain…
Is Scotts Miracle Gro vertical farming?
This helps make Scotts Miracle-Gro one of the top vertical farming companies. It’s well positioned to grow and caters to both small and large growers.
When is AeroFarms 2021?
AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced that management will be presenting at the BMO Capital Markets 16th Annual Farm to Market Conference on Wednesday, May 19, 2021. The presentation will begin at 3:20 p.m. ET and will be webcasted live from the Company's Investor Relations website at www.aerofarms.com/investors/.
When is the AeroFarms 2021 conference?
NEWARK, N.J., July 12, 2021--AeroFarms, a Certified B Corporation and leader in indoor vertical farming, today announced that management will be presenting at the CJS Securities 21st Annual "New Ideas" Summer Virtual Investor Conference on Tuesday, July 13, 2021. The presentation will begin at 9:30 a.m.
What is Hail Hydro 2021?
NEWARK, N.J., September 22, 2021--Goose Island UK and AeroFarms®, a certified B Corporation and leader in indoor vertical farming have unveiled today Hail Hydro - a brand new session IPA made from groundbreaking hydroponic hops grown indoors by AeroFarms, who is focused on elevating agriculture around the world and helping address some of our most pressing agriculture supply-chain challenges.
What is fair value in accounting?
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Is AeroFarms a B corporation?
AeroFarms, a Certified B Corporation and leader in indoor vertical farming, and Spring Valley Acquisition Corp. (Nasdaq: SV) ("Spring Valley"), a publicly-traded special purpose acquisition company, announced today that it has filed with the U.S. Securities and Exchange Commission ("SEC") a registration statement on Form S-4 (the "Registration Statement"), which includes a preliminary proxy statement/prospectus of Spring Valley in connection with the proposed business combination (the "Business Combination") with AeroFarms. The Registration Statement contains information about the proposed Business Combination, including a business overview, terms of the transaction, pro-forma financial information and risk factors.
Is Cargill working with AeroFarms?
MINNEAPOLIS & NEWARK, N.J., August 13, 2021--As part of ongoing efforts to build a more resilient and sustainable cocoa sector, Cargill has entered a multi- year research agreement with vertical farming pioneer and leader AeroFarms aimed at improving cocoa bean yields and developing more climate-resilient farming practices.
