KAL also warrants .13 should entice some. ORLANDO, Fla., October 26, 2022 (GLOBE NEWSWIRE) – Kalera Public Limited Company (“Kalera” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, today announced the pricing of its public offering of an aggregate of 68,000,000 units at a public offering price of $0.13 per unit. Each unit consists of one ordinary share (or prefunded warrant in lieu thereof) and two warrants. The warrants will be immediately exercisable at a price of $0.13 per share and expire five years from the date of issuance. Gross proceeds from the offering, before deducting the placement agent’s fees and other offering expenses, are expected to be approximately $8.84 million.
