AgroFresh Solutions Announces Amendment to Warrant Purchase Agreement that Provides Additional Financial Flexibility for Shar...
December 23 2015 - 7:20PM
Business Wire
AgroFresh Solutions, Inc. (NASDAQ: AGFS), a global leader in
produce freshness solutions, announced today an amendment to a
warrant purchase agreement that provides additional financial
flexibility for share repurchases and other uses of cash. This
reflects Dow’s and Avenue Capital’s continued support of the
AgroFresh business.
The Company has today filed an 8K with the Securities and
Exchange Commission detailing the amendment of its Warrant Purchase
Agreement, dated July 31, 2015, with Rohm and Haas Company,
Boulevard Acquisition Sponsor, and The Dow Chemical Company.
About AgroFresh
AgroFresh Solutions, Inc. (NASDAQ: AGFS) is a global industry
leader in providing innovative data-driven specialty solutions
aimed at enabling growers and packers of fresh produce to preserve
and enhance the freshness, quality and value of fresh produce and
to maximize the percentage of produce supplied to the market
relative to the amount of produce grown. Its flagship product is
the SmartFreshSM Quality System, a freshness protection technology
proven to maintain firmness, texture and appearance of fruits
during storage and transport. SmartFresh is currently
commercialized in 45 countries worldwide. For more information,
please visit www.agrofresh.com.
Forward-Looking Statements
In addition to historical information, this release may contain
“forward-looking statements” within the meaning of the “safe
harbor” provisions of the United States Private Securities
Litigation Reform Act of 1995. All statements, other than
statements of historical facts, included in this release that
address activities, events or developments that the Company expects
or anticipates will or may occur in the future are forward-looking
statements and are identified with, but not limited to, words such
as “anticipate”, “believe”, “expect”, “estimate”, “plan”,
“outlook”, and “project” and other similar expressions (or the
negative versions of such words or expressions). Forward-looking
statements include, without limitation, information concerning the
Company’s possible or assumed future results of operations
(including estimates used to calculate the adjusted financial
information presented in this press release), business strategies,
competitive position, industry environment, potential growth
opportunities and the effects of regulation. These statements are
based on management’s current expectations and beliefs, as well as
a number of assumptions concerning future events. Such
forward-looking statements are subject to known and unknown risks,
uncertainties, assumptions and other important factors, many of
which are outside the Company’s management’s control that could
cause actual results to differ materially from the results
discussed in the forward-looking statements. These risks include,
without limitation, the risk that the Business Combination disrupts
current plans and operations; the Company’s ability to recognize
the anticipated benefits of the Business Combination, which may be
affected by, among other things, competition and the ability of the
combined business to grow and manage growth profitably; costs
related to the Business Combination and/or related to operating
AgroFresh as a stand-alone public company; changes in applicable
laws or regulations, and the possibility that the Company may be
adversely affected by other economic, business, and/or competitive
factors. Additional risks and uncertainties are identified and
discussed in the Company’s filings with the SEC, including the
definitive proxy statement filed on July 16, 2015 with the SEC in
connection with the Business Combination and available at the SEC’s
website at www.sec.gov.
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version on businesswire.com: http://www.businesswire.com/news/home/20151223005747/en/
AgroFresh Solutions, Inc.Margaret M. Loebl, +1 (215)
592-2820Executive Vice President and Chief Financial
OfficerorSloane & CompanyErica Bartsch, +1 (212)
446-1875ebartsch@sloanepr.com
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