Andina Acquisition Corp. III Closes Business Combination with Stryve Foods, LLC
The combined company has been renamed Stryve Foods, Inc.
Andina Acquisition Corp. III, a publicly-traded special purpose acquisition company, announced that it has completed its business combination with Stryve Foods, LLC, an emerging healthy snacking platform disrupting traditional snacking categories and a leader in the air dried meat snack industry in the United States. The business combination was approved by Andina’s shareholders at a special meeting held on July 19, 2021.
In connection with the closing of the Business Combination, Andina re-domesticated from the Cayman Islands, became a Delaware corporation, acquired Stryve’s business in an “Up-C structure” and changed its name to “Stryve Foods, Inc.” The Class A common stock and warrants of Stryve are expected to begin trading on NASDAQ under the new symbols “SNAX” and “SNAXW,” respectively on or about July 21, 2021.