---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-016864"
form_type: "8-K"
ticker: "AFRI"
cik: "0001903870"
company_name: "Forafric Global PLC"
filed_at: "2022-06-15T23:59:59+00:00"
generated_at: "2026-06-25T01:44:23.236249+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Forafric Global PLC completes de-SPAC merger with Forafric Agro, begins trading on Nasdaq

## Summary
- Business combination closed June 9, 2022; ~9.6M shares redeemed at $10.30 for ~$99M from trust.
- Issued 1.32M PIPE shares at $10.50 for ~$13.9M; FAHL bonds converted into 1.25M shares at $9.45.
- Related party loans of $15.1M converted into 1.45M shares at $10.50; total shares outstanding ~26.46M.
- Warrants ~15.79M exercisable at $11.50 per share; ordinary shares and warrants trade as AFRI and AFRIW.
- Subsidiary Forafric Maroc entered agreement with ALAPALA to add 2,370 MT daily milling capacity.

## SEC filing metadata
- accession: 0001493152-22-016864
- form_type: 8-K
- ticker: AFRI
- cik: 0001903870
- company_name: Forafric Global PLC
- filed_at: 2022-06-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 3.01, 3.02, 3.03, 4.01, 5.01, 5.02, 5.03, 5.05, 5.06, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1903870/000149315222016864/0001493152-22-016864-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1903870/000149315222016864/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-016864
- JSON: https://secwatch.observer/filing/0001493152-22-016864.json
- Plain text: https://secwatch.observer/filing/0001493152-22-016864.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.