Nature's Miracle and Agrify Corporation Announce Signing of the Definitive Merger Agreement
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Nature's Miracle Holding Inc. (NMHI)
Company Research
Source: PR Newswire
Transaction Expected to Close in the Second Half of 2024ONTARIO, Calif., May 16, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, and Agrify Corporation (NASDAQ: AGFY) ("Agrify"), announced today that both parties have signed a definitive agreement and plan of merger ("Agreement") in which a new wholly-owned subsidiary of Nature's Miracle will merge with and into Agrify, with Agrify surviving the merger as a wholly-owned subsidiary of Nature's Miracle. The signing of the definitive agreement directly follows the previously announced term sheet for the merger.The TransactionAgrify shareholders will each be issued 0.45 of a share of Nature's Miracle common stock for each share of Agrify common stock that they hold. Based on the companies' current capitalization, it is anticipated that Agrify shareholders will collectively own approximately 30% of the post-merger common sto
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NMHI
News
- Nature's Miracle Announces Agreement to Distribute Gro-Med Substrate ProductsPR Newswire
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- Nature's Miracle Announces Agreement with Traxon Technologies to Distribute OSRAM General Lighting Luminaires in the U.S.PR Newswire
- Nature's Miracle (NASDAQ:NMHI): Innovating Vertical Farming for Sustainable Agriculture [Yahoo! Finance]Yahoo! Finance
- Nature's Miracle Announces Participation in the BITMAIN World Digital Mining Summit 2024PR Newswire
NMHI
Sec Filings
- 6/7/24 - Form S-1
- 5/24/24 - Form 8-K
- 5/20/24 - Form 8-K
- NMHI's page on the SEC website