The Globe and Mail reports in its Saturday edition that Farmers Edge disclosed Thursday that it is in talks with Fairfax Financial Holdings to sell its outstanding shares for 25 cents a share. The Globe's Jameson Berkow writes that the agriculture technology provider debuted on the Toronto Stock Exchange in March, 2021, at $17 a share. Fairfax already owns more than 61 per cent of the company. The company stressed the talks "are in a preliminary stage, and no decision has been made," though Farmers Edge has largely failed to attract meaningful investor interest during its brief time as a public company. One year after its IPO, the company's shares had lost about 80 per cent of their value. Last month, the stock hit an all-time low of just eight cents a share. The decline is an exceptionally sharp contrast to the overwhelmingly positive reception the company got from investors initially, having received about $900-million worth of orders for the $100-million in stock Farmers Edge had planned to sell during its first day of trading. If Fairfax is successful in taking the company private, Farmers Edge would become the latest tech company that went public during the pandemic IPO boom to retreat from public markets.