Moolec Science SA Plunges 10.17% Amid Business Combination

Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 22, 2025 8:27 am ET1min read
MLEC--

On April 22, 2025, Moolec Science SAMLEC-- experienced a significant drop of 10.17% in pre-market trading, reflecting a notable shift in investor sentiment.

Moolec Science SA has recently announced a transformational business combination with Bioceres GroupBIOX--, Nutrecon, and Gentle Technologies Corp. This deal involves the issuance of up to 87 million new shares and 5 million warrants, marking a strategic expansion across multiple technology platforms. The transaction is expected to enhance Moolec's technological capabilities and market reach, potentially driving long-term growth.

Additionally, Moolec Science SA has received USDA approval for the first genetically modified pea in history, further solidifying its position as a leader in Molecular Farming technology. This approval is a significant milestone for the company, as it opens new avenues for innovation and market penetration.

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