Arcadia Biosciences has received a notice from Roosevelt Resources, LP, terminating the Securities Exchange Agreement between the two companies that was originally signed on December 4, 2024. The agreement had provided for a proposed business combination. Following the termination, Arcadia plans to resume evaluating strategic alternatives, citing its streamlined operations, reduced expenses, ownership of shares in Above Food Ingredients Inc., and ongoing growth of the Zola coconut water brand as assets that may support future transactions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arcadia Biosciences Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9617185-en) on December 26, 2025, and is solely responsible for the information contained therein.