African Agriculture Holdings

Closed (deSPAC)

Profile in progress

What it is: Agriculture African Agriculture, Inc
What it’s doing now: Merging with 10X Capital Venture Acquisition Corp. II (VCXA) — closed (despac).
What you should know: The deal carries a $10M minimum-cash condition — heavy redemptions can break it.

The business, per its filings

SEC primary

Agriculture African Agriculture, Inc. is a global food security company based in New York, which currently operates an alfalfa farm in Senegal and owned additional arable land on the African continent to meet the growing demand for agricultural commodities globally. For more information, visit https://africanagriculture.com/our-focus . About 10X Capital 10X Capital is a venture capital and investment firm at the nexus of Wall Street and Silicon Valley, aligning institutional capital with high growth ventures, and promoting Diversity, Equity and Inclusion. 10X Capital invests across the capital structure, with a focus on companies using technology to disrupt major industries, including finance, healthcare, natural resources, transportation, infrastructure and real estate. For more information, visit https://www.10XCapital.com/. 10X Capital Venture Acquisition Corp II (Nasdaq: $VCXA) is a special purpose acquisition company sponsored by 10X Capital, focused on identifying high growth businesses domestically and abroad and bringing them to the public markets. For more information, visit https://www.10XSPAC.com/ .

What the company says about itself

Web research — not audited

What our web check found

[WEB-INTEL 2026-08-26] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The company hoped to raise US$40 million." [https://reddmonitor.substack.com/p/african-agriculture-holdings-inc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The closing is expected to take place during the first half of 2023." [https://www.morrisoncohen.com/insights/african-agriculture-signs-agreement-to-go-public-through-merger-with-spac-10x-capital-venture-acquisition-corp-ii-] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Following the consummation of the Business Combination, on or about December 7, 2023, ordinary shares of the new combined company African Agriculture Holdings ..." [https://markets.ft.com/data/announce/detail?dockey=1330-8990250en-7U0QQSR2IO42MHDU0GIEITEMHH] [WEB-INTEL 2026-09-03] 5 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The closing is expected to take place during the first half of 2023. of $450" [https://www.morrisoncohen.com/insights/african-agriculture-signs-agreement-to-go-public-through-merger-with-spac-10x-capital-venture-acquisition-corp-ii-] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The combined company will now receive $11.5 million in cash in tranches from Vellar in exchange for 11,500,000 African Agriculture shares." [https://www.spacinsider.com/news/de-spac-votes-redemptions/10x-capital-venture-ii-shareholders-approve-african-agriculture-deal] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The company hoped to raise US$40 million." [https://reddmonitor.substack.com/p/african-agriculture-holdings-inc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "the company will be moved to delisting following a notice of a delinquent financial filing for Q2" [https://reddmonitor.substack.com/p/african-agriculture-holdings-inc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "pre-merger ordinary shareholders (VCXA) will receive 1.395558434 shares of African Agriculture Holdings Inc. Common Stock (AAGR) for" [https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2023-710] [WEB-INTEL 2026-09-03] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The company hoped to raise US$40 million." [https://reddmonitor.substack.com/p/african-agriculture-holdings-inc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The closing is expected to take place during the first half of 2023." [https://www.morrisoncohen.com/insights/african-agriculture-signs-agreement-to-go-public-through-merger-with-spac-10x-capital-venture-acquisition-corp-ii-] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Following the consummation of the Business Combination, on or about December 7, 2023, ordinary shares of the new combined company African Agriculture Holdings ..." [https://markets.ft.com/data/announce/detail?dockey=1330-8990250en-7U0QQSR2IO42MHDU0GIEITEMHH] [WEB-INTEL 2026-09-03] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The company hoped to raise US$40 million." [https://reddmonitor.substack.com/p/african-agriculture-holdings-inc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The closing is expected to take place during the first half of 2023." [https://www.morrisoncohen.com/insights/african-agriculture-signs-agreement-to-go-public-through-merger-with-spac-10x-capital-venture-acquisition-corp-ii-] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Following the consummation of the Business Combination, on or about December 7, 2023, ordinary shares of the new combined company African Agriculture Holdings ..." [https://markets.ft.com/data/announce/detail?dockey=1330-8990250en-7U0QQSR2IO42MHDU0GIEITEMHH] [WEB-INTEL 2026-09-03] 5 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The combined company will now receive $11.5 million in cash in tranches from Vellar in exchange for 11,500,000 African Agriculture shares." [https://www.spacinsider.com/news/de-spac-votes-redemptions/10x-capital-venture-ii-shareholders-approve-african-agriculture-deal] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The closing is expected to take place during the first half of 2023. of $450 ..." [https://www.morrisoncohen.com/insights/african-agriculture-signs-agreement-to-go-public-through-merger-with-spac-10x-capital-venture-acquisition-corp-ii-] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Following the consummation of the Business Combination, on or about December 7, 2023, ordinary shares of the new combined company African Agriculture Holdings" [https://markets.ft.com/data/announce/detail?dockey=1330-8990250en-7U0QQSR2IO42MHDU0GIEITEMHH] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The company hoped to raise US$40 million." [https://reddmonitor.substack.com/p/african-agriculture-holdings-inc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "pre-merger ordinary shareholders (VCXA) will receive 1.395558434 shares of African Agriculture Holdings Inc. Common Stock (AAGR) for" [https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2023-710] [WEB-INTEL 2026-09-03] 8 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The closing is expected to take place during the first half of 2023. of $450" [https://www.morrisoncohen.com/insights/african-agriculture-signs-agreement-to-go-public-through-merger-with-spac-10x-capital-venture-acquisition-corp-ii-] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The combined company will now receive $11.5 million in cash in tranches from Vellar in exchange for 11,500,000 African Agriculture shares." [https://www.spacinsider.com/news/de-spac-votes-redemptions/10x-capital-venture-ii-shareholders-approve-african-agriculture-deal] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "pre-merger ordinary shareholders (VCXA) will receive 1.395558434 shares of African Agriculture Holdings Inc. Common Stock (AAGR) for" [https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2023-710] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The company was incorporated in the tax and secrecy haven of Delaware on 5 December 2023." [https://reddmonitor.substack.com/p/african-agriculture-holdings-inc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Two days later, the company started trading on the NASDAQ stock exchange. The company hoped to raise US$40 million." [https://reddmonitor.substack.com/p/african-agriculture-holdings-inc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "on 18 September 2024, African Agriculture announced that it had received a notice from the NASDAQ stating that "the company will be m [WEB-INTEL 2026-09-06] 1 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The company hoped to raise US$40 million." [https://reddmonitor.substack.com/p/african-agriculture-holdings-inc]

Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

African Agriculture Holdings is merging with 10X Capital Venture Acquisition Corp. II (VCXA) currently marked Closed (deSPAC).

Headline equity value	—
Minimum cash to close	$10M

Structure per SEC accession(s) 0001213900-23-004170. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is African Agriculture Holdings going public?

African Agriculture Holdings has an approved merger with the SPAC 10X Capital Venture Acquisition Corp. II (VCXA). Deal status: Closed (deSPAC).

Does African Agriculture Holdings have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.