 Houston, Texas , July 12, 2021 GLOBE NEWSWIRE -- Agrico Acquisition Corp. the Company, a newly organized blank check company incorporated as a Cayman Islands exempted company and led by Chairman and CEO Brent de Jong, today announced the closing of its initial public offering of 14,375,000 units, including 1,875,000 units sold pursuant to the full exercise of the underwriters over-allotment option, at an offering price of 10.00 per unit. Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at 11.50 per share. The units began trading on the Nasdaq Capital Market NASDAQ under the ticker symbol RICOU on July 8, 2021. Once the securities comprising the units begin separate trading, the Class A ordinary shares and the warrants are expected to be traded on the NASDAQ under the symbols RICO and RICOW, respectively. 