Electroputere VFU

Agrify Announces Completion of Total Turnkey Cultivation Facility Denver Greens Pending Final Inspection

Retrieved on: 
Tuesday, April 11, 2023
Software as a service, Partnership, PSF, Electroputere VFU, Stock, TTK, Documentation, Acquisition, Cannabis, MED, Drug, Greenstone

Phase 1 of major construction is complete at Denver Greens, an approximately 9,000 sq.

Key Points: 
  • Phase 1 of major construction is complete at Denver Greens, an approximately 9,000 sq.
  • With this, some of Denver Greens’ VFU-grown cannabis will be available on the market as pre-rolled joints and flower in approximately 350 Colorado dispensaries.
  • “Our partnership with Denver Greens is a milestone for our TTK offering, representing both cultivation and extraction solutions,” said Raymond Chang, Chairman and Chief Executive Officer of Agrify.
  • “With the Phase 2 addition of extraction offerings, Denver Greens can leverage data and analytics at every stage of production to meet the ever-evolving market.

Agrify Approaches Milestone Moment with Launch of Vertical Farming Units in Las Vegas

Retrieved on: 
Thursday, March 23, 2023
Software as a service, Disease, Partnership, Failure, Genetics, Friends, Data collection, Electroputere VFU, VFU, Plant, Patient, Engineering, Cannabis, Health, Pharmaceutical industry

Vegetative and mother areas are finished and have been filled with plant materials to prepare for the loading of Agrify Vertical Farming Units (“VFUs”) in April.

Key Points: 
  • Vegetative and mother areas are finished and have been filled with plant materials to prepare for the loading of Agrify Vertical Farming Units (“VFUs”) in April.
  • 132 version 3.6 VFUs, each with multiple vertical growing levels and individual microclimate controls, are ready to receive plants.
  • Some of this VFU-grown cannabis will be distributed as top-shelf flower at their dispensary, Vegas Treehouse in Las Vegas.
  • “The completion of this cultivation facility is a milestone in our partnership with Nevada Holistic Medicine,” said Raymond Chang, Chairman and Chief Executive Officer of Agrify.

Agrify Announces Successful Commercialization of Recently Launched PX10 Hydrocarbon Cannabis Extractor

Retrieved on: 
Thursday, November 3, 2022
ROI, Private Securities Litigation Reform Act, Research, Science, Electroputere VFU, GLOBE, Nasdaq, Ethanol, Annual report, U.S. Securities and Exchange Commission, Forward-looking statement, Alchemy, Technology, Security (finance), Cannabis, SEC, Communication, Solution, Drug, Fine chemical, Risk management

BILLERICA, Mass., Nov. 03, 2022 (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 that its recently launched PX10 hydrocarbon cannabis extractor will soon be installed at three customer facilities, including through a new engagement with Alchemist Ventures (Alchemist) in Maryland.

Key Points: 
  • BILLERICA, Mass., Nov. 03, 2022 (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 that its recently launched PX10 hydrocarbon cannabis extractor will soon be installed at three customer facilities, including through a new engagement with Alchemist Ventures (Alchemist) in Maryland.
  • The PX10 hydrocarbon cannabis extractor is the latest breakthrough from Agrify demonstrating the Companys continued emphasis on developing, commercializing, and deploying best-in-class solutions across both cultivation and extraction.
  • The PX10 was officially unveiled in August to provide customers the most advanced and scalable hydrocarbon extraction technology.
  • Agrify is a leading provider of innovative cultivation and extraction solutions for the cannabis industry, bringing data, science, and technology to the forefront of the market.

Agrify Regains Compliance with Nasdaq’s Listing Requirements

Retrieved on: 
Monday, October 31, 2022
U.S. Securities and Exchange Commission, Annual report, Compliance, Nasdaq, Private Securities Litigation Reform Act, Forward-looking statement, SEC, ROI, Ethanol, Company, Security (finance), GLOBE, Electroputere VFU, Technology, Communication, Science, Audit

BILLERICA, Mass., Oct. 31, 2022 (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 that it has received written notice from The Nasdaq Stock Market LLC (Nasdaq) informing the Company that it has regained compliance with Nasdaqs minimum bid price listing requirement.

Key Points: 
  • BILLERICA, Mass., Oct. 31, 2022 (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 that it has received written notice from The Nasdaq Stock Market LLC (Nasdaq) informing the Company that it has regained compliance with Nasdaqs minimum bid price listing requirement.
  • The Company has satisfied the terms for continued listing on the Nasdaq Capital Market by complying with the minimum bid price requirement of$1.00per share under Nasdaq Listing Rule 5550(a)(2).
  • Agrify is a leading provider of innovative cultivation and extraction solutions for the cannabis industry, bringing data, science, and technology to the forefront of the market.
  • This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Agrify and other matters.

Agrify to Host Third Quarter 2022 Results Conference Call

Retrieved on: 
Monday, October 31, 2022
Company, GLOBE, Electroputere VFU, Review, Nasdaq, Technology, ROI, Science, Ethanol, Drug, Fine chemical

BILLERICA, Mass., Oct. 31, 2022 (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 it will host a conference call to review its financial results for the third quarter ended September 30, 2022 on Wednesday, November 9, 2022 at 8:30 a.m. Eastern Time (ET).

Key Points: 
  • BILLERICA, Mass., Oct. 31, 2022 (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 it will host a conference call to review its financial results for the third quarter ended September 30, 2022 on Wednesday, November 9, 2022 at 8:30 a.m. Eastern Time (ET).
  • The call will be hosted by Raymond Chang, Chief Executive Officer, and Timothy Oakes, Chief Financial Officer.
  • The Company will report its financial results for the third quarter in advance of the call.
  • Agrify is a leading provider of innovative cultivation and extraction solutions for the cannabis industry, bringing data, science, and technology to the forefront of the market.

Agrify Provides Update on Its At-the-Market Equity Program

Retrieved on: 
Thursday, October 27, 2022
SEC, Company, Security (finance), U.S. Securities and Exchange Commission, Private Securities Litigation Reform Act, Nasdaq, Forward-looking statement, ATM, Communication, Annual report, Public expenditure, Technology, Canaccord Genuity, GLOBE, Electroputere VFU, Ethanol, Program, ROI, Science, Sale, Bank

BILLERICA, Mass., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (Agrify or the Company), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today provided an update on sales under its previously announced at-the-market equity program (the ATM Program), which was established on October 18, 2022 with Canaccord Genuity serving as the sales agent.

Key Points: 
  • BILLERICA, Mass., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (Agrify or the Company), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today provided an update on sales under its previously announced at-the-market equity program (the ATM Program), which was established on October 18, 2022 with Canaccord Genuity serving as the sales agent.
  • As of October 26, 2022, the Company had $34.60 million of remaining availability for future issuances of common stock under the ATM Program.
  • As previously disclosed, Agrify intends to use the net proceeds derived from the ATM Program for general corporate purposes, which may include capital expenditures and repayment of debt.
  • This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Agrify and other matters.

Agrify Announces 1-For-10 Reverse Stock Split

Retrieved on: 
Monday, October 17, 2022
Securities and Exchange Commission (Nigeria), Communication, SEC, Electroputere VFU, CUSIP, Science, Annual report, Security (finance), Nasdaq, Technology, ROI, Private Securities Litigation Reform Act, Company, Exercise, GLOBE, Ethanol, Forward-looking statement, Compliance

The 1-for-10 reverse stock split will automatically convert 10 current shares of Agrifys common stock into one new share of common stock.

Key Points: 
  • The 1-for-10 reverse stock split will automatically convert 10 current shares of Agrifys common stock into one new share of common stock.
  • The reverse stock split will reduce the number of shares of outstanding common stock from approximately 26,710,087 shares to approximately 2,671,009 shares.
  • The reverse stock split will not change the par value of Agrifys common stock and will not reduce the number of authorized shares of common stock.
  • Stockholders owning shares through a bank, broker or other nominee will have their positions automatically adjusted to reflect the reverse stock split, subject to the respective individual brokers particular processes, and will not be required to take any action in connection with the reverse stock split.

Agrify Issues Statement Refuting Lawsuit from Defaulted Customer

Retrieved on: 
Thursday, October 6, 2022
U.S. Securities and Exchange Commission, Communication, SEC, Electroputere VFU, Science, TTK, Annual report, Security (finance), Bud, Nasdaq, Technology, ROI, Private Securities Litigation Reform Act, Burns, GLOBE, Ethanol, Forward-looking statement, Bank

Agrify has worked closely and transparently with Bud & Marys team throughout the entire design and build process.

Key Points: 
  • Agrify has worked closely and transparently with Bud & Marys team throughout the entire design and build process.
  • Agrify is taking all necessary steps to pursue repayment from Bud & Marys andwill take all actions necessary to protect its shareholdersinterests.
  • Agrify is a leading provider of innovative cultivation and extraction solutions for the cannabis industry, bringing data, science, and technology to the forefront of the market.
  • This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Agrify and other matters.