Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
| Fiscal year | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cost of revenue | $784.4K3 | $1.4M3 | ||
| Gross profit | -$105.2K3 | $458.6K3 | ||
| Research and development | $101.9K3 | |||
| Operating expenses | $25.6M3 | $41.4M3 | ||
| Operating income | -$25.7M3 | -$41.0M3 | ||
| Income before tax | -$26.3M3 | -$43.1M3 | ||
| Net income | -$26.3M3 | -$43.1M3 | ||
| Earnings per share | -$0.823 | -$1.213 | ||
| Shares (weighted, basic) | 32.0M shares3 | 35.7M shares3 | ||
| Shares (weighted, diluted) | 32.0M shares3 | 35.7M shares3 |
| Fiscal year | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash | $1.4M8 | $10.1K3 | $2.8M3 | |
| Receivables | $87.8K3 | $10.8K3 | ||
| Inventory | $591.4K3 | $321.2K3 | ||
| Current assets | $1.5M7 | $1.5M3 | $5.2M3 | |
| Property, plant and equipment | $2.2M3 | $2.1M3 | ||
| Intangible assets | $4.5M3 | $4.4M3 | ||
| Total assets | $201.5M7 | $10.9M3 | $18.4M3 | |
| Accounts payable | $130.4K7 | $4.7M3 | $10.2M3 | |
| Short-term debt | $641.3K3 | |||
| Current liabilities | $1.2M7 | $9.9M3 | $31.8M3 | |
| Long-term debt | $1.7M3 | |||
| Total liabilities | $8.2M7 | $14.6M3 | $41.0M3 | |
| Retained earnings | -$6.6M7 | -$40.6M3 | -$83.6M3 | |
| Shareholders’ equity | -$13.8M3 | -$3.7M3 | -$22.6M3 | |
| Shares outstanding | 39.1M shares3 | 57.9M shares3 | 57.9M shares9 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Compare African Agriculture Holdings Inc. with another company
Corporate structure
African Agriculture Holdings Inc. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of African Agriculture Holdings Inc.
- Blue Owl Capital Filed SC 13G on African Agriculture Holdings Inc., latest Nov 14, 2024
- Global Commodities & Investments Ltd. Filed SC 13D on African Agriculture Holdings Inc., latest Mar 15, 2024
- Atalaya Capital Management LP Filed SC 13G/A on African Agriculture Holdings Inc., latest Feb 14, 2024
- Radcliffe Capital Management, L.P. Filed SC 13G/A on African Agriculture Holdings Inc., latest Feb 14, 2024 (3 filings since Feb 14, 2022)
- Sculptor Capital LP Filed SC 13G/A on African Agriculture Holdings Inc., latest Feb 14, 2024 (4 filings since Feb 14, 2022)
- Vellar Opportunities Fund Master, Ltd. Filed SC 13G/A on African Agriculture Holdings Inc., latest Feb 14, 2024 (2 filings since Dec 22, 2023)
- SPRING CREEK CAPITAL LLC Filed SC 13G/A on African Agriculture Holdings Inc., latest Feb 9, 2024 (2 filings since Feb 10, 2023)
- ACM ARRT L LLC Filed SC 13G/A on African Agriculture Holdings Inc., latest Dec 15, 2023 (2 filings since Dec 15, 2023)
- 10X Capital SPAC Sponsor II LLC Filed SC 13D/A on African Agriculture Holdings Inc., latest Dec 11, 2023 (2 filings since Feb 15, 2022)
- P SCHOENFELD ASSET MANAGEMENT LP Filed SC 13G on African Agriculture Holdings Inc., latest Feb 14, 2023
- Castle Creek Arbitrage, LLC Filed SC 13G/A on African Agriculture Holdings Inc., latest Feb 13, 2023 (2 filings since Feb 11, 2022)
- Polar Asset Management Partners Inc. Filed SC 13G/A on African Agriculture Holdings Inc., latest Feb 13, 2023 (2 filings since Feb 7, 2022)
- African Agriculture Holdings Inc. New York, New York
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What African Agriculture Holdings Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $5.0M3 Dec 31, 2023 | $4.9M3 Dec 31, 2022 | +2.4% |
| Accumulated depreciation | $2.9M3 Dec 31, 2023 | $2.7M3 Dec 31, 2022 | +10.2% |
| Property and equipment, net | $2.1M3 Dec 31, 2023 | $2.2M3 Dec 31, 2022 | −6.9% |
| Operating-lease assets (leased space) | $6.6M3 Dec 31, 2023 | $2.3M3 Dec 31, 2022 | +185.7% |
Real estate and locations
| Item | Latest | A year before | Change |
|---|---|---|---|
| Area of real estate | 7003 Jan 2, 2024 |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $2.8M3 Dec 31, 2023 | $10.1K3 Dec 31, 2022 | +27618.3% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $4.4M3 Dec 31, 2023 | $4.5M3 Dec 31, 2022 | −2.6% |
| Finite-lived intangibles, gross | $5.1M3 Dec 31, 2023 | $5.1M3 Dec 31, 2022 | 0% |
| Accumulated amortization | $676.7K3 Dec 31, 2023 | $560.7K3 Dec 31, 2022 | +20.7% |
| Finite-lived intangibles, net | $4.4M3 Dec 31, 2023 | $4.5M3 Dec 31, 2022 | −2.6% |
Inventory
Leadership
Who has led African Agriculture Holdings Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
2025
- Chief executive officerAlan Kessler Dec 18, 2023 to Dec 18, 202310
- Chief financial officerHarry Green Dec 18, 2023 to Dec 18, 202311
- Chief financial officerGuhan Kandasamy Aug 10, 2021 to Aug 10, 202112
- Chief operating officerDavid Weisburd Aug 10, 2021 to Aug 10, 202113
Board members and other officers (15)
- OfficerDavid Weisburd Mar 11, 2022 to Mar 11, 202214
- OfficerHans Thomas Mar 11, 2022 to Mar 11, 202214
- OfficerOliver Wriedt Aug 10, 2021 to Aug 10, 202115
- Board memberAlan Kessler Dec 18, 2023 to Dec 18, 202310
- Board memberBisa Williams Dec 18, 2023 to Dec 18, 202316
- Board memberDaphne Michelle Titus Dec 18, 2023 to Dec 18, 202317
- Board memberModest Jonathan Mero Dec 18, 2023 to Dec 18, 202318
- Board memberOrim Graves Dec 18, 2023 to Dec 18, 202319
- Board memberOsman Ahmed Dec 18, 2023 to Dec 18, 202320
- Board memberRussell Read Dec 18, 2023 to Dec 18, 202321
- Board memberBoris Silver Aug 10, 2021 to Aug 10, 202122
- Board memberChristopher Jurasek Aug 10, 2021 to Aug 10, 202123
- Board memberDavid Weisburd Aug 10, 2021 to Mar 11, 202213
- Board memberHans Thomas Aug 10, 2021 to Mar 11, 202224
- Board memberWoodrow Levin Aug 10, 2021 to Aug 10, 202125
Former names
- 10X Capital Venture Acquisition Corp. IIMar 4, 2021 to Dec 5, 20232
Timeline
- Aug 27, 20248-K Executive or director change26
- Aug 1, 20248-K Executive or director change27
- May 13, 20248-K Listing notice or transfer28
- Apr 12, 20248-K Executive or director change29
- Mar 27, 20248-K Listing notice or transfer30
- Mar 22, 20248-K Listing notice or transfer31
- Feb 5, 20248-K Executive or director change32
- Jan 16, 20248-K Ended a material agreement33
- Jan 8, 20248-K Entered a material agreement; Other events34
- Dec 18, 2023New chief executive Alan Kessler becomes CEO10
- Dec 12, 20238-K Entered a material agreement; Completed an acquisition or sale; Change to shareholders' rights35
- Dec 7, 20238-K Regulation FD disclosure36
- Dec 5, 20238-K Shareholder vote; Regulation FD disclosure; Other events37
Filings
139 filings to the SEC since October 2021: 4 annual reports, 9 quarterly reports, 29 major events, 17 insider forms, 25 large holders, 55 other. The latest 20:
- Dec 3, 2024SEC STAFF ACTION EDGAR
- Nov 14, 2024SC 13G EDGAR
- Aug 27, 20248-K CURRENT REPORT EDGAR
- Aug 1, 20248-K CURRENT REPORT EDGAR
- May 20, 202410-Q QUARTERLY REPORT EDGAR
- May 16, 2024NT 10-Q NOTIFICATION OF LATE FILING EDGAR
- May 13, 20248-K EDGAR
- Apr 29, 202410-K/A AMENDMENT NO. 1 TO FORM 10-K EDGAR
- Apr 16, 202410-K ANNUAL REPORT EDGAR
- Apr 12, 20248-K CURRENT REPORT EDGAR
- Apr 2, 2024NT 10-K NOTIFICATION OF LATE FILING EDGAR
- Mar 27, 20248-K CURRENT REPORT EDGAR
- Mar 22, 20248-K CURRENT REPORT EDGAR
- Mar 15, 2024SC 13D EDGAR
- Mar 15, 20244 EDGAR
- Mar 15, 20243 EDGAR
- Feb 14, 2024SC 13G/A EDGAR
- Feb 14, 2024SC 13G/A EDGAR
- Feb 14, 2024SC 13G/A EDGAR
- Feb 14, 2024SC 13G/A EDGAR
The 139 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Blue Owl CapitalSC 13G, 1 filing Nov 14, 202438
- Global Commodities & Investments Ltd.SC 13D, 1 filing Mar 15, 202439
- Atalaya Capital Management LPSC 13G/A, 1 filing Feb 14, 202440
- Radcliffe Capital Management, L.P.SC 13G/A, 3 filings Feb 14, 2022 to Feb 14, 202441
- Sculptor Capital LPSC 13G/A, 4 filings Feb 14, 2022 to Feb 14, 202442
- Vellar Opportunities Fund Master, Ltd.SC 13G/A, 2 filings Dec 22, 2023 to Feb 14, 202443
- SPRING CREEK CAPITAL LLCSC 13G/A, 2 filings Feb 10, 2023 to Feb 9, 202444
- ACM ARRT L LLCSC 13G/A, 2 filings Dec 15, 202345
- 10X Capital SPAC Sponsor II LLCSC 13D/A, 2 filings Feb 15, 2022 to Dec 11, 202346
- P SCHOENFELD ASSET MANAGEMENT LPSC 13G, 1 filing Feb 14, 202347
- Castle Creek Arbitrage, LLCSC 13G/A, 2 filings Feb 11, 2022 to Feb 13, 202348
- Polar Asset Management Partners Inc.SC 13G/A, 2 filings Feb 7, 2022 to Feb 13, 202349
- HIGHBRIDGE CAPITAL MANAGEMENT LLCSC 13G/A, 2 filings Feb 9, 2022 to Jan 25, 202350
SEC filer profile
How African Agriculture Holdings Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARAfrican Agriculture Holdings Inc.1
- CIK0001848898
- Filer status<br>emerging growth company1
- Fiscal year endsDecember 311
- Industry code (SIC)0100 Agricultural Production-Crops1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business address445 Park Avenue, Ninth Floor, New York, NY 100221
- Phone(212) 745-11641
- Shares outstanding57,866,830 as of May 14, 20244
- Public float$37.5M as of Jun 30, 20239
- On EDGAR sinceMar 4, 20211
- Filings169 in all: 8-K (32), 3 (18), 425 (18), SC 13G/A (13), SC 13G (12), 10-Q (9), CORRESP (9), UPLOAD (7)1
All 33 form types
S-4/A (5), 4 (4), DEFA14A (4), NT 10-Q (4), S-1/A (4), 10-K (3), 25-NSE (2), 4/A (2), DEF 14A (2), EFFECT (2), NT 10-K (2), PRE 14A (2), S-1 (2), SC 13D (2), 10-K/A (1), 10-Q/A (1), 3/A (1), 424B3 (1), 424B4 (1), 8-A12B (1), CERT (1), PRER14A (1), S-4 (1), SC 13D/A (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (10-K) Apr 16, 2024
Quarterly report (10-Q) May 20, 2024
Proxy statement (DEF 14A) Apr 25, 2023
Latest 8-K (8-K) Aug 27, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 11SEC EDGARHarry Green, Chief financial officer
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- 14SEC EDGARDavid Weisburd, Officer
- 15SEC EDGAROliver Wriedt, Officer
- 16SEC EDGARBisa Williams, Board member
- 17SEC EDGARDaphne Michelle Titus, Board member
- 18SEC EDGARModest Jonathan Mero, Board member
- 19SEC EDGAROrim Graves, Board member
- 20SEC EDGAROsman Ahmed, Board member
- 21SEC EDGARRussell Read, Board member
- 22SEC EDGARBoris Silver, Board member
- 23SEC EDGARChristopher Jurasek, Board member
- 24SEC EDGARHans Thomas, Board member
- 25SEC EDGARWoodrow Levin, Board member
- 26SEC EDGARExecutive or director change
- 27SEC EDGARExecutive or director change
- 28SEC EDGARListing notice or transfer
- 29SEC EDGARExecutive or director change
- 30SEC EDGARListing notice or transfer
- 31SEC EDGARListing notice or transfer
- 32SEC EDGARExecutive or director change
- 33SEC EDGAREnded a material agreement
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- 36SEC EDGARRegulation FD disclosure
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