Schultze Merges With Clever Leaves To Form Clever Leaves Holdings

Schultze Special Purpose Acquisition Corp. (NASDAQ: SAMA) and a hemp extract producer, Clever Leaves International Inc., have partnered to form Clever Leaves Holdings Inc.

The two parties announced Monday the creation of a new holding company with an initial enterprise value of around $255 million.

Upon becoming a NASDAQ-listed public company, Clever Leaves Holdings will trade under the ticker symbol “CLVR.”

Clever Leaves International, which oversees operations and facilities in …

Full story available on Benzinga.com

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