Kalera Public Limited Company, together with its subsidiaries, operates as a hydroponic vertical farming company in the United States and internationally. The company operates vertical hydroponic farms and related technology development facilities that produce various lettuce and microgreens for the retail and food service markets. It also holds a license to patented technology related to geopolymer concrete. Kalera Public Limited Company is headquartered in Orlando, Florida.
IPO Year:
Exchange: NASDAQ
Website: https://kalera.com
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Orlando, Fla, April 10, 2023 (GLOBE NEWSWIRE) -- Kalera Public Limited Company ("Kalera PLC" or the "Company") (NASDAQ:KAL), a vertical farming company headquartered in Orlando, Florida, today announced that on April 6, 2023, it received a delisting notification from Nasdaq Stock Market LLC ("Nasdaq") advising the Company that Nasdaq would suspend trading of the Company's common stock as of the opening of business on April 17, 2023. Nasdaq's determination was based on the following: (i) Under Listing Rule 5101, the Company is a public shell and that the continued listing of its securities is no longer warranted; and (ii) the Company has not filed its Form 10-K for the fiscal year ended Dec
Orlando, Fla, April 04, 2023 (GLOBE NEWSWIRE) -- Kalera Public Limited Company ("Kalera PLC" or the "Company") (NASDAQ:KAL), a vertical farming company headquartered in Orlando, Florida, announced today that its wholly-owned and main operating subsidiary, Kalera, Inc. ("Kalera") has filed a voluntary petition (the "Chapter 11 Case") in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court") seeking relief under Chapter 11 ("Chapter 11") of Title 11 of the United States Code (the "Bankruptcy Code"). Kalera will continue to operate its business as "debtor-in-possession" under the jurisdiction of the Bankruptcy Court and in accordance with the applicabl
ORLANDO, Fla., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company ("Kalera" or the "Company") (NASDAQ:KAL), a vertical farming company headquartered in Orlando, Florida, today announced selected preliminary financial results for its third quarter ended September 30, 2022. Conference Call The Company will host a conference call on Tuesday, November 15 at 8:00 a.m. Eastern Time to discuss its results for the quarter ended September 30, 2022 and to answer questions. To participate on the live call, listeners may dial (844) 889-4333 (domestic), or (412) 317-5477 (international). The call will also be broadcast live via webcast, which can be accessed at https://event.cho
Orlando, Fla., Nov. 04, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (NASDAQ:KAL, "Kalera" or the "Company"))), a vertical farming company, today announced it will release its financial results for the third quarter ended September 30, 2022 after the market closes on Monday, November 14, 2022. Conference Call The Company will host a conference call on Tuesday, November 15 at 8:00 a.m. Eastern Time to discuss the results and answer questions. To participate on the live call, listeners may dial (844) 889-4333 (domestic), or (412) 317-5477 (international). The call will also be broadcast live via webcast, which can be accessed
ORLANDO, Fla., Aug. 19, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (NASDAQ:KAL, "Kalera" or the "Company"))), a vertical farming company, today reported its financial results for the second quarter ended June 30, 2022. Second Quarter Financial Overview Total revenue of $1.3 million, marking an increase of $0.8 million from the second quarter last year: Foodservice revenue of $0.8 million, an increase of $0.6 million;Retail revenue of $0.5 million, an increase of $0.2 million. Net loss of $78.7 million, or a loss of $3.92 per diluted share, which included a one-time non-cash expense for goodwill impairment of $64.3 million, the change in fair value for the contingent va
ORLANDO, Fla., Aug. 12, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (NASDAQ:KAL, "Kalera" or the "Company"))), a vertical farming company, today announced its second quarter 2022 earnings release and conference call has been rescheduled to allow additional time to complete its Quarterly Report on Form 10-Q. Kalera will now release financial results for the second quarter ended June 30, 2022 on Friday, August 19, before the market opens. This change is due to the timing of the company's business combination with Agrico Acquisition Corporation on June 28 and subsequent listing on Nasdaq on June 29. A conference call and audio webcast will be held on Friday, August 19 at 9:00 a.m
ORLANDO, Fla., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (NASDAQ:KAL), a vertical farming company headquartered in Orlando, Florida, today announced that resulting from the completion of its Nasdaq listing on June 29, 2022 and delisting from the Euronext Growth Oslo Exchange it will hold its second quarter 2022 earnings call on Monday, August 15 at 9:00 a.m. Eastern Time. The conference call was previously scheduled for Wednesday, August 18, but due to the completion of the Nasdaq listing and US requirements, the earnings date has been updated. The company will issue its second quarter earnings release before the market opens on Monday, August 15, 2022. All scheduled
Orlando, Fla, April 10, 2023 (GLOBE NEWSWIRE) -- Kalera Public Limited Company ("Kalera PLC" or the "Company") (NASDAQ:KAL), a vertical farming company headquartered in Orlando, Florida, today announced that on April 6, 2023, it received a delisting notification from Nasdaq Stock Market LLC ("Nasdaq") advising the Company that Nasdaq would suspend trading of the Company's common stock as of the opening of business on April 17, 2023. Nasdaq's determination was based on the following: (i) Under Listing Rule 5101, the Company is a public shell and that the continued listing of its securities is no longer warranted; and (ii) the Company has not filed its Form 10-K for the fiscal year ended Dec
Orlando, Fla, April 04, 2023 (GLOBE NEWSWIRE) -- Kalera Public Limited Company ("Kalera PLC" or the "Company") (NASDAQ:KAL), a vertical farming company headquartered in Orlando, Florida, announced today that its wholly-owned and main operating subsidiary, Kalera, Inc. ("Kalera") has filed a voluntary petition (the "Chapter 11 Case") in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court") seeking relief under Chapter 11 ("Chapter 11") of Title 11 of the United States Code (the "Bankruptcy Code"). Kalera will continue to operate its business as "debtor-in-possession" under the jurisdiction of the Bankruptcy Court and in accordance with the applicabl
Orlando, Fla, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Kalera Public Limited Company ("Kalera" or the "Company") (NASDAQ:KAL), a vertical farming company headquartered in Orlando, Florida, announced today that in the course of the court-supervised process in Germany over Kalera GmbH, the Kalera International business has been acquired by Growy Holdings BV ("Growy"), a Netherlands based indoor farming company. The sale includes the headquarters in Germany, the farm in Kuwait and the farm under construction in Singapore. Kalera had announced on October 18, 2022, of its intention to divest its international business. This marks a significant milestone in Kalera's reorganization, allowing Kalera
Orlando, Fla, Jan. 13, 2023 (GLOBE NEWSWIRE) -- Kalera Public Limited Company ("Kalera" or the "Company") (NASDAQ:KAL), a vertical farming company headquartered in Orlando, Florida, provided an update on the steps it has taken and its plans going forward to achieve cash flow break-even by the end of fiscal year 2023. "I continue to be very pleased with the commercial side of our business, specifically sales and operations. Demand for our products is stronger than ever across all channels, and our facilities are operating better than ever and very consistently," said Jim Leighton, President and Chief Executive Officer of Kalera. "The cost cutting measures we're undertaking should result i
Orlando, Florida, Dec. 23, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company ("Kalera" or the "Company") (NASDAQ:KAL), a vertical farming company headquartered in Orlando, Florida, today announced that shareholders approved a reverse stock split of its outstanding ordinary shares (the "Ordinary Shares") at a ratio of 100-for-1. The reverse stock split will become effective today, December 23, 2022, and Ordinary Shares will begin trading on a split-adjusted basis when the Nasdaq opens today. The Ordinary Shares will continue to trade on the Nasdaq under the existing trading symbol "KAL". The reverse stock split was approved by Kalera's shareholders at the extraordinary general meetin
ORLANDO, Fla., Dec. 06, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company ("Kalera" or the "Company") (NASDAQ:KAL), a vertical farming company headquartered in Orlando, Florida, will hold an extraordinary general meeting of its shareholders (the "EGM") on December 15, 2022 at noon EST (5:00 p.m., Irish time) to seek shareholder approval of a reverse stock split. "The Board of Directors encourages shareholders to vote FOR the reverse stock split proposal and FOR the adjournment proposal, to the extent necessary, to help ensure that the share price of our ordinary shares meets the continued listing requirements of the Nasdaq Capital Market," said Curtis McWilliams, Chairman of the
ORLANDO, Fla., Nov. 28, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company ("Kalera" or the "Company") (NASDAQ:KAL), a vertical farming company headquartered in Orlando, Fla., today announced that the Company has decided to initiate the restructuring of its German subsidiary, Kalera GmbH (f/k/a "&ever") through a court-supervised process. Following Kalera PLC's announcement on October 18, 2022 of its intention to divest the assets of its international business, the Company began exploring strategic alternatives in close collaboration with financial advisors. Kalera GmbH has since received substantial interest from external investors. While no binding agreements to acquire or to inv
ORLANDO, Fla., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (NASDAQ:KAL, "Kalera" or the "Company"))), a vertical farming company, today reported its financial results for the third quarter ended September 30, 2022. "Although our balance sheet is challenged, we are meeting or exceeding our goals on both the top and bottom lines," said Jim Leighton, President and Chief Executive Officer of Kalera. "Revenue more than doubled compared to the third quarter of last year and increased sequentially over the second quarter of this year, driven by growing customer relationships, higher volumes, improved product mix and increased sales velocity. In addition, our operationa
ORLANDO, Fla., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company ("Kalera" or the "Company") (NASDAQ:KAL), a vertical farming company headquartered in Orlando, Florida, today announced selected preliminary financial results for its third quarter ended September 30, 2022. Conference Call The Company will host a conference call on Tuesday, November 15 at 8:00 a.m. Eastern Time to discuss its results for the quarter ended September 30, 2022 and to answer questions. To participate on the live call, listeners may dial (844) 889-4333 (domestic), or (412) 317-5477 (international). The call will also be broadcast live via webcast, which can be accessed at https://event.cho
Orlando, Fla., Nov. 04, 2022 (GLOBE NEWSWIRE) -- Kalera Public Limited Company (NASDAQ:KAL, "Kalera" or the "Company"))), a vertical farming company, today announced it will release its financial results for the third quarter ended September 30, 2022 after the market closes on Monday, November 14, 2022. Conference Call The Company will host a conference call on Tuesday, November 15 at 8:00 a.m. Eastern Time to discuss the results and answer questions. To participate on the live call, listeners may dial (844) 889-4333 (domestic), or (412) 317-5477 (international). The call will also be broadcast live via webcast, which can be accessed
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25-NSE - Kalera Public Ltd Co (0001909152) (Subject)
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