African Agriculture Holdings Inc. (NASDAQ:AAGR), a company focused on crop production, announced the resignation of Osman Ahmed from its Board of Directors, effective July 26, 2024. According to the statement filed with the Securities and Exchange Commission today, Mr. Ahmed's departure is not related to any disagreement with the company's operations, policies, or practices.
The resignation was formally disclosed in an 8-K filing, which did not specify a reason for Ahmed's decision to step down. The company, previously known as 10X Capital Venture Acquisition Corp. II, operates in the agricultural sector under the SIC code for Agriculture Production - Crops.
African Agriculture Holdings, which is headquartered at 445 Park Avenue, Ninth Floor, New York, NY, has its common stock and warrants listed on the Nasdaq Global Market under the symbols AAGR and AAGRW, respectively. The warrants are exercisable for one share of common stock at a price of $11.50 per share.
The company, registered in Delaware, is identified as an emerging growth company, which allows for certain exemptions from reporting requirements. As of now, the company has not indicated whether it will appoint a replacement for Mr. Ahmed on the Board of Directors.
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