Agriforce Stock Price, News & Analysis

AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) announced that CEO Ingo Mueller will appear on Cheddar Innovates on August 19, 2021, at 11:30 a.m. ET. He will discuss critical food supply chain issues in the U.S. and how AgriFORCE’s proprietary indoor growing system addresses these challenges. The company is focused on sustainable agriculture through its innovative AgriFORCE Grow House, designed to optimize crop yields while minimizing pesticide use. AgriFORCE aims to revolutionize plant cultivation for better quality food and other agricultural products.

AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) announced participation in the Gravitas Titans of Tech Investor Day on August 19, 2021. CEO Ingo Mueller will present virtually at 12:00 PM PT / 3:00 PM ET. The event will connect leaders in growth technology with institutional and retail investors. AgriFORCE specializes in innovative agricultural technology, focusing on high-value crops using its unique hydroponics-based automated growing system, the 'AgriFORCE grow house,' designed to maximize crop yields while minimizing pesticide use.

AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) has promoted Troy McClellan to President of the AgriFORCE Solutions division. McClellan will focus on commercial development, targeting the integration of AgriFORCE's intellectual property across various markets and overseeing M&A strategies to enhance the Company’s automated growing systems. Previously serving as Vice President of Design and Construction, his experience includes leadership roles in significant design projects. CEO Ingo Mueller praised McClellan's contributions to advancing agricultural technology and solutions addressing food supply challenges.

AgriFORCE Growing Systems has appointed Mauro Pennella as the President of its AgriFORCE Brands division and Chief Marketing Officer. Pennella, a veteran with over 30 years in consumer products, will spearhead the company's brand initiatives across various agriculture sectors such as foods and plant-based products. With a focus on commercial strategy and brand marketing, his experience from McCain Foods and Combe Incorporated positions him as a key asset for AgriFORCE’s growth. Pennella expressed enthusiasm about joining at a pivotal time for the company, promoting sustainable and innovative agricultural solutions.

AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) announced that CEO Ingo Mueller will appear on The Claman Countdown on Fox Business Network at 3:20 PM ET today. He will address challenges in the global food supply chain and the inefficiencies of traditional farming methods. AgriFORCE focuses on innovative agricultural technology, aiming to deliver sustainable solutions for high-value crops through their proprietary facility design and automation, which meet both EU and USDA standards for quality and safety.

AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) has appointed Richard Levychin to its board of directors. Levychin, a seasoned accounting and business advisory expert, will serve on key committees, including Executive Compensation and Audit. With over 25 years of experience, he brings expertise in financial oversight and compliance, crucial as AgriFORCE prepares to launch its facilities in the United States. CEO Ingo Mueller anticipates Levychin's contributions will enhance the company's financial reporting standards and support its growth strategy.

AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) has appointed Amy E. Griffith, senior government affairs executive, to its board of directors. Griffith brings extensive experience from Wells Fargo and TIAA, where she led government relations across multiple states. Her appointment aims to enhance AgriFORCE's engagement with policymakers and advance its innovative agricultural solutions, which focus on high-value crops, pesticide-free production, and sustainable practices. CEO Ingo Mueller emphasized the significance of her expertise during the company's commercialization phase.

AgriFORCE Growing Systems Ltd. announced the closing of an underwritten initial public offering of 3,127,998 units at $5.00 each, resulting in gross proceeds of approximately $15.6 million. The offering included one common share and one Series A warrant per unit. Trading for common shares and Series A warrants commenced on July 8, 2021, under symbols AGRI and AGRIW, respectively. EF Hutton acted as the sole book-running manager, with a registration statement effective as of July 7, 2021.

AgriFORCE Growing Systems Ltd. has priced an initial public offering of 2,719,999 units at $5.00 each, aiming for gross proceeds of approximately $13.6 million. Each unit includes one common share and one Series A warrant, with an exercise price of $6.00. The offering is scheduled to close by July 12, 2021, contingent on customary closing conditions. Underwriters have a 45-day option to purchase an additional 407,999 units. Common shares and warrants are set to start trading on Nasdaq under the symbols AGRI and AGRIW, respectively, from July 8, 2021.