Agrify Corporation Announces Results for Third Quarter 2024 [Yahoo! Finance]
Agrify Corporation (AGFY)
Company Research
Source: Yahoo! Finance
solutions for the cannabis and hemp industries, today announced financial results for the quarter ended September 30, 2024. Third Quarter 2024 Financial Results Summary Revenue was $1.9 million for the third quarter of 2024 Gross profit was $0.2 million for the third quarter of 2024 Net loss for the third quarter of 2024 was $18.6 million, primarily attributed to a $15 million change in fair value of warrant liabilities As of November 14, 2024, Agrify has approximately 1.5 million shares of common stock outstanding and 6.3 million warrants Recent Developments Secured new convertible note financing of up to $20 million with an initial draw of $10 million from Green Thumb Industries on November 5, 2024 Ben Kovler was appointed Chairman and Interim CEO on November 5, 2024 Announced intent to acquire the Señorita brand of hemp-derived THC drinks (HDT) on November 12, 2024 “Today really is Day One at Agrify,” said Chairman and Interim CEO Ben Kovler. “The hemp and canna
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AGFY
News
- Agrify Corporation Closes on Acquisition of Señorita [Yahoo! Finance]Yahoo! Finance
- Agrify Corporation Closes on Acquisition of SeñoritaGlobeNewswire
- Agrify Announces $25.9 Million Non-Brokered Private Placement [Yahoo! Finance]Yahoo! Finance
- Agrify Announces $25.9 Million Non-Brokered Private PlacementGlobeNewswire
- Agrify Corporation Announces Results for Third Quarter 2024GlobeNewswire
AGFY
Sec Filings
- 12/16/24 - Form SCHEDULE
- 12/16/24 - Form 4
- 12/16/24 - Form 3/A
- AGFY's page on the SEC website