---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-016272"
form_type: "8-K"
ticker: null
cik: "0001909152"
company_name: "Kalera Public Ltd Co"
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T05:01:18.772326+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kalera sells Vindara seed unit to Sandton Capital for ~$3.99M, including debt forgiveness

## Summary
- Kalera SA sold 100% of Vindara Inc. to Sandton Capital Solutions Master Fund V, L.P. effective May 5, 2023.
- Purchase price ~$3.99M, including forgiveness of $3.3M debt owed by Kalera Inc. to Farm Credit of Central Florida.
- Vindara is a seed development company for indoor farming; the sale removes a subsidiary from Kalera's balance sheet.
- Kalera's ordinary shares (KALRQ) and warrants (KALWQ) trade on OTC Pink.

## SEC filing metadata
- accession: 0001493152-23-016272
- form_type: 8-K
- cik: 0001909152
- company_name: Kalera Public Ltd Co
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1909152/000149315223016272/0001493152-23-016272-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1909152/000149315223016272/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-016272
- JSON: https://secwatch.observer/filing/0001493152-23-016272.json
- Plain text: https://secwatch.observer/filing/0001493152-23-016272.txt

## Key facts
- M&A Transactions
  Kalera Public Ltd Co completed a disposition involving SANDTON CAPITAL SOLUTIONS MASTER FUND V, L.P. for approximately $3.99 million (closed 2023-05-05).
  - Action: disposition
  - Counterparty: SANDTON CAPITAL SOLUTIONS MASTER FUND V, L.P.
  - Consideration: approximately $3.99 million
  - Closing: 2023-05-05
  source text: Effective May 5, 2023, Kalera sold 100% the Transferred Shares contemplated in the SPA described in Item 1.01 above. The purchase price for the Transferred Shares was approximately $3.99 million, which included Purchaser’s forgiveness of Kalera Inc.’s $3,300,000 debt to Purchaser, subject to certain adjustments as set forth in the SPA.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1909152/000149315223016272/0001493152-23-016272-index.htm

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