Scope Carbon looking to acquire US dig ag business

摘要

Canadian carbon mapping business Scope Carbon (Vancouver, British Columbia) is looking to acquire US image-based crop data and analytics company Farm Flight (Tempe, Arizona). The parties have forged a nonbinding letter of intent concerning the proposed acquisition, which would involve Scope Carbon acquiring all the issued and outstanding shares of the latter business in exchange for over 12.3 million of its own shares. The transaction is likely to be valued at around $14.5 million.