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0 0 0 0 0.277941658472632 0.566371681415929 0.533923303834808 0.376597836774828
Stock impact report

Nature’s Miracle Holding Inc. and Agrify Corporation Agree to Merge

Agrify Corporation (AGFY) 
Company Research Source: GlobeNewswire
Combined Entity is Expected to Become the Leading Provider of CEA Products and SolutionAGRIFY Brings Industry-Leading Cultivation and Extraction Solution ServiceImmediately Realizable Financial and Operational Synergies UPLAND, Calif., April 17, 2024 (GLOBE NEWSWIRE) --  Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced it has entered into a term sheet to acquire 100% of all the outstanding shares of Agrify Corporation (NASDAQ: AGFY) (“Agrify”), a leading provider of innovative cultivation and extraction solutions. When closed, the strategic acquisition of Agrify is expected to bring a meaningful revenue stream for Nature’s Miracle through Agrify’s powerful SaaS and AI technology which can be applied to Nature’s Miracle’s vertical farming business, while its leading market share in cannabis extraction continues to drive revenue growth. In return, Agrify will benefit fr Show less Read more
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