Deveron Completes Transaction to Sell Its Assets

Core Viewpoint - Deveron Corp. has sold substantially all of its assets in a transaction with RRL Ultimate Parent, LLC and other purchasers, as part of a share and asset purchase agreement [1]. Company Overview - Deveron is an agriculture technology company focused on using data and insights to enhance agricultural productivity, reduce costs, and improve farm outcomes. The company employs a digital process that leverages data collected from farms across North America to provide unbiased production decision interpretations and optimize input use [4]. Transaction Details - The transaction involves a share and asset purchase agreement with multiple parties, including RRL Ultimate Parent, LLC and Maple NewCo, LLC, along with various asset vendors [1]. - Following the completion of the transaction, the company may be subject to migration to the NEX Board of the TSXV unless it can demonstrate compliance with the Continued Listing Requirements [2].