Agrify Corporation Announces Pricing of $2.6 Million Public Offering
TROY, Mich., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced the pricing of its public offering of 6,723,684 shares of common stock (or pre-funded warrants in lieu thereof) at a public offering price of $0.38 per share.
- TROY, Mich., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced the pricing of its public offering of 6,723,684 shares of common stock (or pre-funded warrants in lieu thereof) at a public offering price of $0.38 per share.
- Gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be approximately $2.6 million.
- The offering is expected to close on February 28, 2024, subject to customary closing conditions.
- The securities described above are being offered by Agrify pursuant to a registration statement on Form S-1, as amended (File No.