AgriFORCE Growing Systems (AGRI) Announces Completion of PIPE Financing, Becomes the First Publicly-Traded Avalanche-Focused Company on Nasdaq
AgriFORCE Growing Systems (Nasdaq: AGRI) announced the closing of its previously announced ~$300 million PIPE financing on Nov 5, 2025, becoming the first publicly traded company focused on the Avalanche blockchain ecosystem.
Shareholders approved the transaction at the Oct 27, 2025 annual meeting. The company says the PIPE, led by Hivemind Capital, supports a strategic shift to build an institutional-grade vehicle with regulated public-market exposure to the Avalanche network and to accumulate AVAX tokens via the PIPE proceeds plus near-term capital initiatives including an ATM program and possible institutional debt or equity offerings.
AgriFORCE Growing Systems (Nasdaq: AGRI) ha annunciato la chiusura del suo finanziamento PIPE di circa 300 milioni di dollari come già annunciato il 5 novembre 2025, diventando la prima azienda quotata pubblicamente focalizzata sull'ecosistema della blockchain Avalanche.
Gli azionisti hanno approvato la transazione all'assemblea annuale del 27 ottobre 2025. La società afferma che la PIPE, guidata da Hivemind Capital, supporta una svolta strategica per costruire uno strumento di livello istituzionale con esposizione regolamentata al mercato pubblico alla rete Avalanche e per accumulare token AVAX tramite i proventi della PIPE, oltre a iniziative di capitale a breve termine, tra cui un programma ATM e possibili offerte di debito o capitale istituzionale.
AgriFORCE Growing Systems (Nasdaq: AGRI) anunció el cierre de su financiamiento PIPE de aproximadamente 300 millones de dólares anunciado anteriormente el 5 de noviembre de 2025, convirtiéndose en la primera empresa cotizada en bolsa centrada en el ecosistema de Avalanche blockchain.
Los accionistas aprobaron la transacción en la asamblea anual del 27 de octubre de 2025. La compañía afirma que el PIPE, liderado por Hivemind Capital, soporta un cambio estratégico para construir un vehículo de nivel institucional con exposición regulada al mercado público de la red Avalanche y para acumular tokens AVAX a través de los ingresos del PIPE, además de iniciativas de capital a corto plazo, incluido un programa ATM y posibles ofertas de deuda o de capital institucional.
AgriFORCE Growing Systems (Nasdaq: AGRI)는 2025년 11월 5일에 이미 발표된 약 3억 달러 규모의 PIPE 파이낸싱의 마감을 발표하며 Avalanche 블록체인 생태계에 중점을 둔 최초의 상장기업이 되었습니다.
주주들은 2025년 10월 27일 연례 총회에서 거래를 승인했습니다. 회사는 Hivemind Capital이 주도하는 PIPE가 Avalanche 네트워크에 대한 규제된 공시장 노출을 가진 기관급 차량을 구축하고 PIPE 수익과 가까운 시점의 자본 이니셔티브(ATM 프로그램 포함) 및 기관 부채나 자본 조달의 가능성과 함께 AVAX 토큰을 축적하는 것을 지원한다고 말합니다.
AgriFORCE Growing Systems (Nasdaq: AGRI) a annoncé la clôture du financement PIPE d’environ 300 millions de dollars annoncé précédemment le 5 novembre 2025, devenant la première société cotée en bourse axée sur l’écosystème Avalanche blockchain.
Les actionnaires ont approuvé la transaction lors de l’assemblée générale annuelle du 27 octobre 2025. La société indique que la PIPE, dirigée par Hivemind Capital, soutient une transition stratégique vers la construction d’un véhicule de qualité institutionnelle avec une exposition au marché public régulé au réseau Avalanche et l’accumulation de jetons AVAX via les produits de la PIPE, ainsi que des initiatives de capital à court terme, notamment un programme ATM et d’éventuelles offres de dette ou de capitaux propres institutionnels.
AgriFORCE Growing Systems (Nasdaq: AGRI) gab den Abschluss der zuvor angekündigten PIPE-Finanzierung in Höhe von ca. 300 Mio. USD am 5. November 2025 bekannt und wird damit das erste börsennotierte Unternehmen, das sich auf das Avalanche-Blockchain-Ökosystem konzentriert,
Die Aktionäre genehmigten die Transaktion auf der Hauptversammlung am 27. Oktober 2025. Das Unternehmen erklärt, dass die PIPE, angeführt von Hivemind Capital, einen strategischen Wandel unterstützt, um ein institutionell geregeltes Vehikel mit reguliertem Public-Market-Exposure zum Avalanche-Netzwerk aufzubauen und AVAX-Tokens über die PIPE-Erlöse plus kurzfristige Kapitalinitiativen einschließlich eines ATM-Programms und möglicher institutioneller Fremd- oder Eigenkapitalangebote anzusammeln.
AgriFORCE Growing Systems (Nasdaq: AGRI) أعلنت عن إغلاق تمويل PIPE الذي أعلن عنه سابقاً بقيمة تقارب 300 مليون دولار في 5 نوفمبر 2025، لتصبح أول شركة مدرجة علناً تركز على نظام Avalanche البيئي لسلسلة الكتل.
وافق المساهمون على الصفقة في اجتماع الجمعية العمومية السنوي في 27 أكتوبر 2025. وتقول الشركة إن PIPE بقيادة Hivemind Capital يدعم التحول الاستراتيجي لبناء مركبة من الدرجة المؤسسية مع تعرّض سوقية عامة منظمة إلى شبكة Avalanche ولتراكم رموز AVAX عبر عوائد PIPE إلى جانب مبادرات رأس المال القريبة بما في ذلك برنامج ATM وإمكان تقديم عروض ديون أو حقوق ملكية مؤسسية.
- Approved approximately $300 million PIPE financing
- Positioned as the first Nasdaq-listed company focused on Avalanche
- PIPE led by institutional investor Hivemind Capital
- Shareholder dilution risk from the $300 million PIPE plus ATM and future offerings
- Increased exposure to AVAX token volatility from planned digital asset treasury buildup
Insights
Large $300M PIPE funds a strategic pivot to Avalanche and a plan to build an AVAX treasury.
By closing an approximately
The plan depends directly on successful execution of the approved financing steps and follow‑on programs; risks include dilution from the PIPE and ATM, the execution of unspecified "other potential" debt or equity offerings, and integration of a digital‑asset treasury into a formerly different business model. The fact that shareholders approved the measure at the Annual Meeting on
Watch the deployment cadence of funds into AVAX, filings describing the ATM program and any new debt/equity instruments, and legal or regulatory disclosures that quantify treasury holdings; expect near-term milestones in the next quarters as capital is allocated and compliance/reporting details are disclosed.
Originally announced on September 22, 2025, this transaction marks a significant milestone in the company's transformation into an institutional-grade vehicle providing investors with direct exposure to the rapidly evolving architecture of global financial markets through Avalanche, a high-performance blockchain utilized by leading financial institutions worldwide.
"We are proud to finalize this transformative transaction and officially begin our next chapter," said Jolie Kahn, Chief Executive Officer of the Company. "This strategic shift positions us at the forefront of digital financial innovation, providing public market investors with regulated access to the Avalanche ecosystem."
AGRI shareholders voted overwhelmingly in favor of the transaction at the Annual Meeting held on October 27, approving an approximately
Avalanche is a high-speed, institutional-grade blockchain designed as a foundational digital settlement layer for the future of finance. Its technology enables global leaders like KKR, Apollo and J.P. Morgan Chase to launch their compliant, customizable blockchains for tokenizing real-world assets. The network is secured by more than
As part of its digital asset treasury strategy, the Company aims to build a significant position in AVAX tokens through a combination of its approved PIPE financing and additional near-term capital initiatives, including an at-the-market (ATM) program, and other potential institutional-grade debt or equity offerings.
Advisors
Cohen & Company Capital Markets ("CCM"), a division of Cohen & Company Securities, LLC, served as exclusive financial advisor to Hivemind Capital and exclusive placement agent to the Company. Lowenstein Sandler LLP served as legal advisor to Hivemind Capital. Morgan, Lewis & Bockius LLP served as legal advisor to CCM.
About AgriFORCE Growing Systems Ltd.
Upon a name change to be implemented in the coming weeks, AVAX One will be the first NASDAQ-listed company with a dedicated mission to provide institutional exposure to the Avalanche ecosystem. The Company's primary strategy will be to maximize AVAX per-share accretion for its shareholders through a disciplined, professionally managed approach to execute its digital asset treasury. Led by a team of veterans from institutional finance and public company backgrounds and advised by leaders from across the digital asset industry, AVAX One is being built to be a premier, regulated gateway for public market investors to participate in the growth of the onchain economy.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Act, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally can be identified by the use of words such as "anticipate," "expect," "plan," "could," "may," "will," "believe," "estimate," "forecast," "goal," "project," and other words of similar meaning. These forward-looking statements address various matters including statements relating to the anticipated benefits and timing of the completion of the proposed offering and related transactions, the intended use of proceeds from the PIPE offering, expectations regarding future capital raising activity, the assets to be held by the Company, expectations regarding adoption of the Avalanche network, the expected future market, price and liquidity of the digital assets the Company acquires, the macro and political conditions surrounding digital assets, the Company's plan for value creation and strategic advantages, market size and growth opportunities, regulatory conditions, competitive position and the interest of other entities in similar business strategies, technological and market trends, future financial condition and performance, the expected financial impacts of the proposed transactions described herein, and the timing of the closing of the PIPE offering. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the proposed transactions described herein may not be completed in a timely manner or at all; failure to realize the anticipated benefits of the transactions and the proposed AVAX strategy; changes in business, market, financial, political and regulatory conditions; risks relating to the Company's operations and business, including the highly volatile nature of the price of AVAX and other cryptocurrencies; the risk that the price of the Company's securities may be highly correlated to the price of the digital assets that it holds; risks related to increased competition in the industries and markets in which the Company does and will operate (including the applicable digital assets market); risks relating to significant legal, commercial, regulatory and technical uncertainty regarding digital assets generally; risks relating to the treatment of crypto assets for
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SOURCE AgriFORCE Growing Systems Ltd.
FAQ
What did AgriFORCE (AGRI) announce on November 5, 2025?
Who led the $300 million PIPE financing for AgriFORCE (AGRI)?
How did AgriFORCE shareholders vote on the PIPE transaction (AGRI)?
Will AgriFORCE (AGRI) buy AVAX tokens with the PIPE proceeds?
What near-term capital initiatives did AgriFORCE (AGRI) mention to support its strategy?
