Joint Press Release – Kalera and Agrico Announce Effectiveness of Registration Statement, Waiver of Minimum Cash Condition and Extraordinary General Meetings for Proposed Business Combination

ORLANDO, Fla. and GRAND CAYMAN, Cayman Islands, May 16, 2022 (GLOBE NEWSWIRE) --  Kalera AS (“Kalera”) (EURONEXTGROWTHOSLO:KAL) and Agrico Acquisition Corp. (“Agrico”) (NASDAQ:RICO) announced today that the U.S. Securities and Exchange Commission (“SEC”) has declared effective the registration statement on Form S-4 of Kalera Public Limited Company (as amended, the “Registration Statement”), which includes a proxy statement/prospectus in connection with the Kalera Special Meeting and the Agrico Special Meeting to consider matters related to the previously announced proposed business combination of Kalera and Agrico.