Blank-check (SPAC) company holding approximately $366.0 million in a trust account, reporting net income of $10,468,766 in 2025 with no operating revenue disclosed.

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Agriculture & Natural Solutions Acquisition Corporation is a blank check company formed to pursue mergers and acquisitions in the agriculture sector, emphasizing sustainability and decarbonization practices.

# Agriculture & Natural Solutions Acquisition Corporation

## Overview
Agriculture & Natural Solutions Acquisition Corporation is a blank check company formed in the Cayman Islands with the primary purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company's focus is on identifying opportunities within the agriculture sector, particularly in areas that promote decarbonization and enhance natural capital.

## Key Details
- **Incorporated:** Cayman Islands
- **Headquarters:** 712 Fifth Avenue, 36th Floor, New York, NY 10019
- **Ticker Symbols:**
  - Units: ANSCU
  - Class A Ordinary Shares: ANSC
  - Warrants: ANSCW

## Financial Information
- **IPO Date:** November 13, 2023
- **Gross Proceeds from IPO:** Approximately $345 million
- **Over-allotment Units:** The underwriters exercised their option for additional 4.5 million units.
- **Private Placement Warrants Sold:** 9.4 million at $1.00 each, generating $9.4 million.
- **Total Funds in Trust Account:** Approximately $345 million for business combination purposes.

## Operating Details
- **Employees:** 2 officers and a robust board of directors consisting of prominent industry leaders.
- **Revenue:** As of December 31, 2024, the company has not generated any operating revenue, only interest income from the funds held in the Trust Account.
- **Net Income for 2024:** $8.36 million, primarily from interest on the Trust Account, offsetting general and administrative expenses.

## Business Strategy
The company intends to leverage the platforms of its Sponsor Entities (Riverstone and Impact Ag) to identify and acquire businesses specifically within the agriculture sector that can benefit from experienced management and strategic investments aimed at improving sustainability and decarbonization practices. 

## Goals
- **Decarbonization Focus:** The company aims to advance solutions that decarbonize the traditional agriculture sector, providing significant investment opportunities in this historically underinvested area.
- **Target Market:** Primarily targeting businesses within the United States and other developed countries, adaptable to industries offering attractive growth potential.

## Customer and Market Engagement
While specific customer or target business numbers have not been disclosed, the company operates in an industry with a highly fragmented market offering multiple acquisition opportunities.

## Risks and Challenges
- The company faces several risks typical to SPACs, including the potential inability to complete a business combination within the specified timeframe and reliance on interest earned from Trust Account funds.
- The presence of multiple competing SPACs may limit the availability of suitable target businesses.
- Regulatory, market, and operational risks associated with the agriculture sector and newly acquired businesses.

## Summary
Agriculture & Natural Solutions Acquisition Corporation seeks to create value through strategic acquisitions in the agriculture sector, focusing on sustainability and environmental impact, while carefully navigating the complexities of the SPAC model and regulatory landscape. 

The company is a blank check company focused on acquiring businesses in the agriculture sector, leveraging advanced operational techniques to drive sustainability and decarbonization.

# Company Overview

## Business Structure
The company is a **blank check company** incorporated as a Cayman Islands exempted company. Its primary purpose is to effectuate a business combination through a merger, amalgamation, share exchange, asset acquisition, or reorganization with one or more businesses.

## Share Structure
- **Founder Shares:** 
  - Initial acquisition of **10,062,500 Class B ordinary shares** for **$25,000** by the Sponsor.
  - Share restructuring involved several surrenders and dividends, leading to an eventual count of **8,625,000 Founder Shares** post-transaction.

- **Public Offering:**
  - Consummated a **Public Offering of 34,500,000 units** for **$10.00 per unit**, generating **$345 million** in gross proceeds.
  - Each unit consists of **one Class A ordinary share** and **one-half of one warrant**.
  - Additionally, a private placement of **9,400,000 warrants** raised **$9.4 million**.

## Intended Market and Focus
- The company aims to identify and acquire businesses primarily in the **agriculture sector**, focusing on companies that can benefit from advanced operational techniques and strategies to improve performance in a traditionally **underinvested** market.
- The management's extensive background in agriculture and renewable sectors positions the company to capitalize on opportunities that promote **sustainability** and **decarbonization**.

## Current Operations
- The company does not have operating revenue other than interest earned on the funds held in the **Trust Account**, which currently has approximately **$345 million**.
  
- **Operational Staff:** 
  - The company has **two officers** who are not obligated to a specific number of hours but intend to dedicate sufficient time until a business combination is complete.

## Customers and Revenue
- The company currently does not have any customers or generated revenue as it is in the business combination phase and has yet to engage in operations with a target business.

## Financial Position
- **Gross Proceeds from Public Offering:** $ \approx \$354.4 million $ (including over-allotment and private placement).
- The funds in the Trust Account primarily serve as wth cash resource to complete the business combination.
  
The company is structured to be attractive for potential business combinations and to operate in compliance with securities regulations while aiming for high growth through the identified focus sectors.

Agriculture & Natural Solutions Acquisition Corp

10-K / March 27, 2026

10-K / March 28, 2025

10-K / March 28, 2024

10-K / March 27, 2026