Market Overview

Union Acquisition Corp. Announces Updated Timing for Completion of Initial Business Combination


Union Acquisition Corp. (NYSE:LTN) ("UAC"), a special purpose
acquisition company, today announced that it currently expects to
consummate its previously announced business combination with Bioceres
LLC (successor to Bioceres, Inc.) on Thursday, March 14, 2019. Upon
consummation of the business combination, the company will be renamed
Bioceres Crop Solutions Corp. and it is anticipated that its ordinary
shares and warrants will commence trading on the NYSE American, subject
to the post-business combination company meeting the initial listing
requirements of NYSE American, under the symbols "BIOX" and "BIOX WS",
respectively, on Friday, March 15, 2019.

About Union Acquisition Corp.

Union Acquisition Corp. is a blank check company organized for the
purpose of effecting a merger, share exchange, asset acquisition, stock
purchase, recapitalization, reorganization, or other similar business
combination with one or more businesses or entities. The Company is led
by Juan Sartori, Chairman of the Board of the Company and Chairman and
founder of Union Group International Ltd., and Kyle P. Bransfield, Chief
Executive Officer of the Company and Partner of Atlantic-Pacific
Capital, Inc.

Forward Looking Statements

This communication includes "forward-looking statements" within the
meaning of the "safe harbor" provisions of the United States Private
Securities Litigation Reform Act of 1995. Forward-looking statements may
be identified by the use of words such as "forecast," "intend," "seek,"
"target," "anticipate," "believe," "expect," "estimate," "plan,"
"outlook," and "project" and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. Such forward-looking statements include estimated
financial information. Such forward-looking statements with respect to
revenues, earnings, performance, strategies, prospects and other aspects
of the businesses of UAC, Bioceres or the combined company after
completion of the business combination are based on current expectations
that are subject to known and unknown risks and uncertainties, which
could cause actual results or outcomes to differ materially from
expectations expressed or implied by such forward- looking statements.
These factors include, but are not limited to: (1) the occurrence of any
event, change or other circumstances that could give rise to the
termination of the exchange agreement entered into in connection with
the proposed business combination (the "Exchange Agreement") and the
proposed business combination contemplated therein prior to
consummation; (2) the inability to complete the transactions
contemplated by the Exchange Agreement due to conditions to closing in
the Exchange Agreement; (3) the ability of UAC to continue to meet
applicable NYSE American listing standards; (4) the risk that the
proposed business combination disrupts current plans and operations of
Bioceres; (5) the ability to recognize the anticipated benefits of the
proposed business combination, which may be affected by, among other
things, competition, the ability of the combined company to grow and
manage growth profitably, maintain relationships with customers and
suppliers and retain its management and key employees; (6) costs related
to the proposed business combination; (7) changes in applicable laws or
regulations; (8) the possibility that Bioceres may be adversely affected
by other economic, business, and/or competitive factors; and (9) other
risks and uncertainties indicated from time to time in the documents
filed with the SEC by UAC. Investors are cautioned not to place undue
reliance upon any forward-looking statements, which speak only as of the
date made. UAC and Bioceres undertake no commitment to update or revise
the forward-looking statements, whether as a result of new information,
future events or otherwise. Investors should carry out their own due
diligence in connection with the assumptions contained herein. The
forward-looking statements in this communication speak only as of the
date of this communication. Although UAC may from time to time
voluntarily update its prior forward-looking statements, it disclaims
any commitment to do so whether as a result of new information, future
events, changes in assumptions or otherwise except as required by
applicable securities laws.

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