Nature's Miracle Holding Inc. Launches Wholly Owned Subsidiary, NM Rebate Inc. to Complement Core LED Lighting Segment
Nature's Miracle Holding Inc. (NMHI)
Company Research
Source: PR Newswire
~ Launch of Rebate Division is Expected to Boost Sales and Margins as Program will Offset the Cost of LED Product Installation ~ ONTARIO, Calif., Oct. 24, 2024 /PRNewswire/ -- Nature's Miracle Holding Inc. (NASDAQ: NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, today announced it has launched a wholly owned subsidiary, NM Rebate Inc., to facilitate the Company's energy rebate financing segment.Due to the Inflation Reduction Act, many utility companies offer rebates to commercial customers who upgrade to more energy efficient lighting, such as LED lights. These rebates can help offset the initial cost of installation and future electric bills. They can also apply to new construction and upgrades, and even LED replacements.NM Rebate is a complementary business to Nature's Miracle's core business as a distributor of LED lights to the commercial vertical farming space. Within the structure of the rebate program, the Company partner
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News
- Nature's Miracle Holding Inc. Announces $2.0 Million Debt to Equity Conversion by Management and Related Debt HoldersPR Newswire
- D. Boral Capital acted as Sole Bookrunner for Nature's Miracle Holding Inc. (NASDAQ: NMHI) in Connection with its $3.0 Million Public Offering [Yahoo! Finance]Yahoo! Finance
- D. Boral Capital acted as Sole Bookrunner for Nature's Miracle Holding Inc. (NASDAQ: NMHI) in Connection with its $3.0 Million Public OfferingGlobeNewswire
- Nature's Miracle Holding Inc. Announces 1-for-30 Reverse Stock Split [Yahoo! Finance]Yahoo! Finance
- Nature's Miracle Holding Inc. Announces 1-for-30 Reverse Stock SplitPR Newswire
NMHI
Sec Filings
- 11/21/24 - Form SC
- 11/21/24 - Form SC
- 11/21/24 - Form 4
- NMHI's page on the SEC website