AgriFORCE Growing Systems Ltd (AGRI) Prices 2.72M Share IPO at $5/sh

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Go back to AgriFORCE Growing Systems Ltd (AGRI) Prices 2.72M Share IPO at $5/sh

AgriFORCE Growing Systems Ltd. Announces Pricing of $13.6 Million Initial Public Offering and Nasdaq Listing

July 7, 2021 8:53 PM EDT

VANCOUVER, Canada, July 07, 2021 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. ("AgriFORCE" or the "Company") (Nasdaq:AGRI;AGRIW), today announced the pricing of an initial public offering of 2,719,999 units, each consisting of one common share and one Series A warrant to purchase one common share, at a public offering price of $5.00 per unit for aggregate gross proceeds of approximately $13.6 million, prior to deducting underwriting discounts, commissions, and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 407,999 units, which consists of an aggregate amount of 407,999 common... More