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Agrify Corporation (AGFY)
- GlobeNewswire
Agrify Corporation Regains Compliance with Nasdaq Stockholders’ Equity Requirement
TROY, Mich., May 28, 2024 (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 after the recent $13.8 million debt-to-equity conversions by CP Acquisitions, LLC and GIC Acquisition, LLC, two entities affiliated with Raymond Chang, Chairman and CEO of Agrify, Agrify has received confirmation from Nasdaq that it has regained compliance with the stockhol
- Market Exclusive
Weekly Roundup on the Cannabis Sector & Psychedelic Sector Week of May 26th
Key Takeaways; Cannabis Sector Agrify converted $13.8m debt to equity to regain Nasdaq compliance. Glass House Brands is seeking Canadian funding through shelf prospectus. TILT Holdings’ cannabis sales are stable despite vape supply disruptions, debt and stock dilution concern; analyst says. Key Takeaways; Psychedelic Sector Awakn recently concluded a feasibility study with Catalent Pharma. Lucy […]
- GlobeNewswire
Agrify Corporation Announces Approximately $13.8 Million Debt-to-Equity Conversion
Company Expects to Regain Compliance with Nasdaq Shareholders’ Equity RequirementTROY, Mich., May 22, 2024 (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 an approximately $13.8 million debt-to-equity conversion by CP Acquisitions, LLC and GIC Acquisitions LLC. As a result of the conversion, the Company is expected to regain compliance with Nasdaq’s
