BEREA, Ky., Nov. 25, 2020 (GLOBE NEWSWIRE) — Save the Children today announced a new partnership with AgTech leader AppHarvest to help educate children across Eastern Kentucky on how to grow their own nutritious food and the importance of healthy eating. Through the Grow Green Eat Green project, AppHarvest is working with Save the Children to create and provide indoor hydroponic grow kits to more than 1,600 children and their families in six Eastern Kentucky counties.
Participating children – who live in some of the state’s most impoverished counties, including Floyd, Harlan, Knott, Leslie, Owsley and Perry – are receiving everything they need to help start their own indoor gardens, such as seeds, growing nutrients and supplies, pots and instructions to help them get growing. They can also receive live instruction via video conference on how to grow their own food from AppHarvest’s farming experts, as well as learn the benefits of hydroponic farming.
“During a time when COVID-19 is having significant, detrimental impacts on children across Eastern Kentucky — including the alarming increase of child hunger across our region — Save the Children is proud to partner with AppHarvest to educate children and families about ways to help end this vicious cycle of food insecurity in the future,” said Alissa Taylor, Save the Children’s Kentucky State Director.
“AppHarvest was founded as a benefit corporation and is also a certified B Corp, because we believe companies should be in the business of doing good,” said Amy Samples, Director of Community Outreach and People Programs. “We’re building America’s AgTech capital from within Appalachia and know that education is core to achieving that.”
Virtual instruction for the children will take place with their teachers in the coming days.
Committed to combatting child hunger across Kentucky and rural America, Save the Children has helped prepare and deliver more than 9 million meals as part of its coronavirus response efforts since March. In rural Kentucky alone, Save the Children staff have helped distribute more than 2.5 million nutritious meals to children in some of the state’s most impoverished communities since COVID-19 impacted the region this spring.
Prior to starting operations at its 2.76-million-square-foot indoor farm in Morehead, Ky., AppHarvest invested more than $150,000 in starting a high-tech container farm educational program. The program retrofits shipping containers with high-tech farming equipment to teach students to grow healthy leafy greens. The program started at Shelby Valley High School in Pike County in 2018 and has since expanded to Rowan County with additional units planned.
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AppHarvest is an applied technology company building some of the world’s largest indoor farms in Appalachia. The Company combines conventional agricultural techniques with cutting-edge technology and is addressing key issues including improving access for all to nutritious food, farming more sustainably, building a home-grown food supply, and increasing investment in Appalachia. The Company’s 60-acre Morehead, KY facility is among the largest indoor farms in the U.S. For more information, visit
https://www.appharvest.com/
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Forward-Looking Statements
Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. All statements, other than statements of present or historical fact included in this press release, regarding Novus Capital’s proposed acquisition of AppHarvest, Novus Capital’s ability to consummate the transaction, the benefits of the transaction and the combined company’s future financial performance, as well as the combined company’s growth plans and strategy, future operations, timing of first crop harvest, estimated financial position, estimated revenues and losses, timing of expected revenues, projected costs, prospects, plans and objectives of management are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of AppHarvest’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of AppHarvest. These forward-looking statements are subject to a number of risks and uncertainties, including those discussed in Novus Capital’s registration statement on Form S-4, filed with the SEC on October 9, 2020 and as amended to date (the “Registration Statement”), under the heading “Risk Factors,” and other documents Novus Capital has filed, or will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward-looking statements reflect AppHarvest’s expectations, plans, or forecasts of future events and views as of the date of this press release. AppHarvest anticipates that subsequent events and developments will cause its assessments to change. However, while AppHarvest may elect to update these forward-looking statements at some point in the future, AppHarvest specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing AppHarvest’s assessments of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Important Information for Investors and Stockholders
In connection with the proposed transaction, Novus Capital has filed the Registration Statement with the SEC, which includes a preliminary proxy statement to be distributed to holders of Novus Capital’s common stock in connection with Novus Capital’s solicitation of proxies for the vote by Novus Capital’s stockholders with respect to the proposed transaction and other matters as described in the Registration Statement, as well as the prospectus relating to the offer of securities to be issued to AppHarvest’s stockholders in connection with the proposed transaction. After the Registration Statement has been declared effective, Novus Capital will mail a definitive proxy statement, when available, to its stockholders. Investors and security holders and other interested parties are urged to read the proxy statement/prospectus, any amendments thereto and any other documents filed with the SEC carefully and in their entirety when they become available because they will contain important information about Novus Capital, AppHarvest and the proposed transaction. Investors and security holders may obtain free copies of the preliminary proxy statement/prospectus and definitive proxy statement/prospectus (when available) and other documents filed with the SEC by Novus Capital through the website maintained by the SEC at http://www.sec.gov, or by directing a request to: Novus Capital Corporation, 8556 Oakmont Lane, Indianapolis, IN 46260. The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release.
Participants in the Solicitation
Novus Capital and its directors and officers may be deemed participants in the solicitation of proxies of Novus Capital’s shareholders in connection with the proposed business combination. Security holders may obtain more detailed information regarding the names, affiliations and interests of certain of Novus Capital’s executive officers and directors in the solicitation by reading the Registration Statement and other relevant materials filed with the SEC in connection with the business combination when they become available. Information concerning the interests of Novus Capital’s participants in the solicitation, which may, in some cases, be different than those of their stockholders generally, is set forth in the Registration Statement.
MEDIA CONTACT
S
:
AppHarvest: Emily Laytham, (606) 548-1452, [email protected]
Save the Children: Jeremy Soulliere, (203) 295-5842, [email protected]
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