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Latham & Watkins Advises 10X Capital Venture Acquisition Corp. II in Business Combination With African Agriculture, Inc.

December 7, 2023
Firm advises the special purpose acquisition company in the transaction.

10X Capital Venture Acquisition Corp. II (10X II)(NASDAQ:VCXA), a publicly traded special purpose acquisition company sponsored by 10X Capital, announced today that it has completed its previously announced merger with African Agriculture, Inc., a global food security company operating a commercial-scale alfalfa farm on the African continent that is now listed for trading on the Nasdaq. African Agriculture is the first pure-play US-listed agriculture company operating in Africa.

Latham & Watkins represents 10X II in the transaction with a corporate deal team led by London partner David Stewart, Houston partner Ryan Maierson, and Houston associate Om Pandya, with Houston associates Paul Robe, Sydney Verner, Zainab Hashmi, and Natasha Kalaouze, and London associates Jason Hyatt and Kathleen McCullough. Advice was also provided on tax matters by New York partner Jiyeon Lee-Lim, with New York associate Sam Yang; on derivatives matters by New York partners Reza Mojtabaee-Zamani and Eric Rice, with New York associate Shawn Noh; on environmental matters by Los Angeles/Houston partner Joshua Marnitz, with associate Jacqueline Zhang; on benefits and compensation by New York partner Bradd Williamson and Chicago partner Nineveh Alkhas, with New York associate Megan Alessi and Chicago associate Laura Waller; on intellectual property matters by Bay Area partner Michelle Gross, with Bay Area associate Fiona Gillan and Boston associate Kiara Vaughn; on real estate matters by London partners Quentin Gwyer and Jeremy Trinder, with London associate Danni Davies; and on sanctions matters by Washington, D.C. partner Eric Volkman, with Washington, D.C. associate Matthew Gregory.