Aegis Capital Corp. acted as Sole Bookrunner on a $81 Million Underwritten Public Offering of Ordinary Shares and Pre-Funded Warrants to Purchase Ordinary Shares for Farmmi, Inc. (NASDAQ: FAMI)
Farmmi, Inc. (NASDAQ: FAMI) has successfully completed an underwritten public offering, raising $81 million through the sale of ordinary shares and pre-funded warrants.
Sentiment and the balance of points
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Rhea-AI Summary
Farmmi, Inc. (NASDAQ: FAMI) has successfully completed an underwritten public offering, raising $81 million through the sale of ordinary shares and pre-funded warrants. The offering was managed by Aegis Capital Corp., which acted as the sole bookrunner. Farmmi specializes in agricultural products, particularly various types of edible fungi. This capital influx aims to strengthen its market position and support growth initiatives.
Positive
- Raised $81 million from the public offering.
- Capital will support growth and enhance market position.
Negative
- None.
Details
News Market Reaction – FAMI
The recorded move for FAMI in the trading session of this news was +2.36%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, NY / ACCESSWIRE / September 15, 2021 / Aegis Capital Corp. acted as Sole Bookrunner on a
About Farmmi, Inc.
Headquartered in Lishui, Zhejiang, Farmmi, Inc. (NASDAQ: FAMI), is an agricultural products supplier, processor and retailer of Shiitake mushrooms, Mu Er mushrooms, other edible fungi and other agricultural products. For further information about the Company, please visit: http://ir.farmmi.com.cn/.
About Aegis Capital Corporation
Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services including investment banking, wealth management, insurance, retirement planning, structured products, private equity, alternatives, equity research, fixed income and special purpose vehicles.
For more information about this offering or Investment Banking Services please email Banking@aegiscap.com or call (212) 813-1010.
Brokerage and investment advisory services are offered through Aegis Capital Corporation, a member of FINRA and SIPC. Investment and insurance products offered are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.
SOURCE: Aegis Capital Corp.
View source version on accesswire.com:
https://www.accesswire.com/664200/Aegis-Capital-Corp-acted-as-Sole-Bookrunner-on-a-81-Million-Underwritten-Public-Offering-of-Ordinary-Shares-and-Pre-Funded-Warrants-to-Purchase-Ordinary-Shares-for-Farmmi-Inc-NASDAQ-FAMI
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