Globa Terra signs business combination deal with Nature's Ledger; vote set Nov. 9
Globa Terra Acquisition Corp, a special purpose acquisition company, entered into a business combination agreement dated November 8, 2026 with Nature's Ledger Inc., a carbon markets and environmental assets company. The filing gives an indicated Nature's Ledger pre-money equity value of approximately $323.8 million, subject to adjustments, and a proposed PIPE financing, and completion depends on approvals, financing and other closing conditions. Shareholders also vote on a deadline extension at a November 9, 2026 meeting, where approval would trigger a $0.03 per public share trust contribution.
Key points
- Business combination agreement dated November 8, 2026 with Nature's Ledger Inc.; indicated pre-money equity value of approximately $323.8 million, subject to adjustments
- Structure includes a SPAC merger, a continuance under the ABCA, and an amalgamation that makes Nature's Ledger a wholly-owned subsidiary of publicly traded parent Pubco
- Extension meeting on November 9, 2026 at 10:00 a.m. Eastern Time; approval triggers a $0.03 per public share sponsor trust contribution
- Board may elect up to eight additional one-month extensions, potentially extending the deadline to July 9, 2027
The filing
Written by AI on Nov 10, 2026, 6:16 AM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.