Sandton Capital Solutions Master Fund V, LP, a fund managed by Sandton Capital Partners LP intended to acquire Vindara, Inc. from Kalera Public Limited Company on October 18, 2022. As on May 5, 2023 Sandton Capital Partners LP entered into stock purchase agreement with Kalera Public Limited Company to acquire Vindara, Besides Vindara, Inc., Kalera Public Limited Company also wants to divest The international business includes the previous & ever GmbH management team, and farming assets in Kuwait and Singapore. Vindara is expected to continue serving Kalera?s strategic custom seed needs and serving other indoor farming companies..The consideration consists of approximately $3.99 million, which included Sandton Capital Solutions Master Fund V's forgiveness of Kalera Inc.?s $3.3 million debt to Sandton Capital Solutions Master Fund V, subject to certain adjustments as set forth in the stock purchase agreement. The $3.3 million debt was indebtedness of Kalera, Inc. pursuant to the farm credit loan and security agreement, dated as of April 14, 2022, by and between Kalera, Inc. and Farm Credit of Central Florida, ACA, which was guaranteed by Vindara.

Sandton Capital Solutions Master Fund V, LP, a fund managed by Sandton Capital Partners LP completed the acquisition of 100% stake in Vindara, Inc. from Kalera Public Limited Company for $3.99 million on May 5, 2023. The consideration consists of approximately $3.99 million,which included Sandton Capital Solutions Master Fund V's forgiveness of Kalera Inc.?s $3.3 million debt to Sandton Capital Solutions Master Fund V, subject to certain adjustments as set forth in the stock purchase agreement. The $3.3 million debt was indebtedness of Kalera, Inc. pursuant to the farm credit loan and security agreement, dated as of April 14, 2022, by and between Kalera, Inc. and Farm Credit of Central Florida, ACA, which was guaranteed by Vindara.