Nature's Miracle Holding Inc. and Agrify Corporation Agree to Merge [Yahoo! Finance]
Agrify Corporation (AGFY)
Company Research
Source: Yahoo! Finance
Immediately 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 from the distinct expertise and strong operators that comprise the Nature's Miracle management team and its prominent market position providing advanced horticultural
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AGFY
News
- Nature's Miracle Announces Initial Shipments of the "MiracleTainer" Series Container Farm [Yahoo! Finance]Yahoo! Finance
- Nature’s Miracle Holding Inc. and Agrify Corporation Agree to MergeGlobeNewswire
- Agrify Corporation Reports Full-Year 2023 Earnings [Yahoo! Finance]Yahoo! Finance
- Agrify Corporation Reports Full-Year 2023 EarningsGlobeNewswire
- Agrify Corporation Celebrates Research Sponsorship with University of Georgia on Leafy Green Production in Vertical Farms [Yahoo! Finance]Yahoo! Finance
AGFY
Sec Filings
- 4/29/24 - Form 10-K/A
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- AGFY's page on the SEC website