Clever Leaves Holdings (CLVR) has released an update to notify the public and investors about an entry into a material definitive agreement.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
On January 26, 2024, Clever Leaves II Portugal Cultivation, S.A, a subsidiary of Clever Leaves Holdings Inc., sold certain real estate, including furniture and structures in São Teotónio, Portugal, to Álvaro Ricardo Villaverde Covões Gávea and Helena Cristina Martinho dos Santos Covões Gávea for EUR 1,400,000. This sale marked the completion of Clever Leaves Holdings Inc.’s cessation of operations in Portugal. Details of the sale are documented in the Purchase and Sale Deed filed with the company’s current financial report.
For further insights into CLVR stock, check out TipRanks’ Stock Analysis page.
For a comprehensive understanding of the announcement, you can read the full document here.