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Agriculture Investment Group Corp. became the controlling shareholder of Moolec Science SA on April 1, 2026, holding 65.1% of outstanding shares via partial conversion of preference shares.
The announcement marks a pivotal change of control at Moolec Science SA, with Agriculture Investment Group Corp. (AIGC) acquiring 65.1% ownership through the partial conversion of its preference shares into ordinary shares on April 1, 2026. This conversion was executed under the terms of the Subscription Agreement originally dated December 9, 2024, and amended and restated on June 16, 2025, between Bioceres Group Limited and AIGC. The transaction stems from the prior business combination that positioned Bioceres Group Limited as a subsidiary of Moolec Science SA. As a foreign private issuer, the Company utilized home country practices to bypass Nasdaq's shareholder approval requirement for change-of-control issuances, as allowed by Rule 5615(a)(3). This shift introduces a new controlling shareholder whose involvement is explicitly tied to strengthening the Company's capital position and supporting growth initiatives, signaling potential strategic realignment and enhanced financial resources for investors to monitor.
Event Type
Disclosure
Voluntary
Variant
6-K
Current Report on Form 6-K
Material Agreement