JD Vance, Martha Stewart were on the board of this indoor vertical farming startup. It went public in 2020 via a Covid-era SPAC (Novus Capital Corp), in 2021 ra

JD Vance, Martha Stewart were on the board of this indoor vertical farming startup. It went public in 2020 via a Covid-era SPAC (Novus Capital Corp), in 2021 raised $700m then went public at a $1b valuation, was sued by shareholders for securities fraud in 2022 (Vance had left in 2021), then filed for Chapter 11 bankruptcy in 2023. [0]: https://en.wikipedia.org/wiki/AppHarvest https://en.wikipedia.org/wiki/AppHarvest [1]: https://apnews.com/article/appharvest-indoor-farming-bankruptcy-martha-stewart-0a32f971f0901510b2de30353b1e0457 https://apnews.com/article/appharvest-indoor-farming-bankrup... [2]: Coverage of Plenty, Bowery, AppHarvest and AeroFarms https://techcrunch.com/2025/03/24/vertical-farming-company-plenty-files-for-bankruptcy-after-raising-nearly-1b/ https://techcrunch.com/2025/03/24/vertical-farming-company-p...