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Stock impact report

Nature's Miracle Holding Inc. Confirms $2.1 Million Debt Reduction Agreement with Uninet Global [Yahoo! Finance]

Nature's Miracle Holding Inc. (NMHI) 
Company Research Source: Yahoo! Finance
ONTARIO, Calif. Sept. 26 $2.1 million of the outstanding payables owed by Visiontech. With this agreement, remains outstanding. James Li , Chairman and CEO of Nature's Miracle, commented, "This debt reduction agreement is in line with our strategy to optimize our capital structure. The effect is a reduction of liabilities of $2.1 million on the financial statements which will also increase stockholder's equity by $2.1 million . The agreement with Uninet is ultimately a vote of confidence in Nature's Miracle and our long-term trajectory for the Company. Lastly, we would like to express our gratitude to Uninet Global for the debt forgiveness." About Nature's Miracle Holding Inc. Nature's Miracle ( www.Nature-Miracle.com ) is a growing agriculture technology company providing equipment and services to growers in the Controlled Environment Agriculture ("CEA") industry which also includes vertical farming in North America . Nature's Miracle offers hardware to design, build and opera Show less Read more
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