Board Change • May 20
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Chairman of the Board David Leuschen is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jun 04
Agriculture & Natural Solutions Acquisition Corporation, Annual General Meeting, Jun 25, 2025 Agriculture & Natural Solutions Acquisition Corporation, Annual General Meeting, Jun 25, 2025. Announcement • Apr 11
Burrabogie Pastoral Co Pty Ltd canceled the acquisition of Agriculture & Natural Solutions Acquisition Corporation (NasdaqGM:ANSC) from Riverstone Holdings LLC, Agriculture and Natural Solutions Acquisition Sponsor LLC, Agriculture & Natural Solutions Acquisition Warrant Holdings, LLC and others in a reverse merger transaction. Burrabogie Pastoral Co Pty Ltd entered into an agreement to acquire Agriculture & Natural Solutions Acquisition Corporation (NasdaqGM:ANSC) from Riverstone Holdings LLC, Agriculture and Natural Solutions Acquisition Sponsor LLC, Agriculture & Natural Solutions Acquisition Warrant Holdings, LLC and others in a reverse merger transaction on August 28, 2024. Upon closing of the Business Combination, the combined company, Agriculture & Natural Solutions Company Limited (“NewCo”), an Australian company, is expected to be listed on the New York Stock Exchange (“NYSE”) or such other stock exchange agreed to by the parties and trade under the ticker symbol “AFAE”.
The transaction has been approved by both companies both of directors. The transaction is subject to approval by both companies shareholders, approval from the Foreign Investment Review Board in Australia, the NewCo Ordinary Shares have been accepted for listing on the New York Stock Exchange, the Registration Statement has been declared effective by the SEC under the Securities Act of 1933, debt financing described in the Debt Commitment Letter, the Lock-Up Agreements, and cash on the consolidated balance sheet. As of December 13, 2024, the deal was approved by Foreign Investment Review Board.
K&L Gates LLP, Walkers LLP and Stancell K. Haigwood of Vinson & Elkins L.L.P. acted as legal advisor to Agriculture & Natural Solutions Acquisition. B. Chase Wink and J. McCormack of Skadden, Arps, Slate, Meagher & Flom LLP, David Sim of Speed and Stracey Lawyers and Debbie Klis of Rimon PC acted as legal advisor to Australian Food & Agriculture Company. Bell Potter Securities Limited acted as financial advisor to Australian Food & Agriculture Company. Citigroup Global Markets Inc. (“Citigroup”) is serving as capital markets advisor to ANSC. Davis Polk & Wardwell LLP acted as counsel to Citigroup.
Burrabogie Pastoral Co Pty Ltd canceled the acquisition of Agriculture & Natural Solutions Acquisition Corporation (NasdaqGM:ANSC) from Riverstone Holdings LLC, Agriculture and Natural Solutions Acquisition Sponsor LLC, Agriculture & Natural Solutions Acquisition Warrant Holdings, LLC and others in a reverse merger transaction on April 10, 2024. 
