Welcome to our dedicated page for Farmmi news (Ticker: FAMI), a resource for investors and traders seeking the latest updates and insights on Farmmi stock.
Farmmi, Inc. (NASDAQ: FAMI) is a China‑based agricultural products supplier and logistics service provider with a focus on edible mushrooms, other agricultural products and related supply chain services. This news page aggregates company announcements, press releases and market updates so readers can track how Farmmi’s agricultural and logistics businesses evolve over time.
In its public communications, Farmmi highlights several themes that frequently appear in its news flow. These include developments in its edible fungi and agricultural product operations, such as descriptions of its role as a supplier, processor and retailer of shiitake, Mu Er and other agricultural goods. The company also reports on the expansion of its warehousing and logistics footprint, particularly in North America, where subsidiaries like Farmmi USA Inc. and Suppchains Group Inc. operate logistics bases and FDA‑registered facilities.
Visitors to this page can expect updates on new warehouse openings and leases, such as facilities in Los Angeles and New Jersey, as well as announcements about strategic cooperation agreements in warehousing and logistics services. Farmmi’s news releases also cover regulatory milestones like Nasdaq listing compliance, share consolidations and capital raising transactions disclosed through press statements and SEC filings.
Because Farmmi positions itself as both an agricultural products supplier and a distribution logistics services provider, its news often combines information about product supply, international distribution channels, cross‑border e‑commerce initiatives and logistics capabilities. Investors, analysts and other interested readers can use this page to follow Farmmi’s operational milestones, geographic expansion in logistics, regulatory disclosures and financing activities as reported by the company.
Farmmi, Inc. (NASDAQ: FAMI) announced a new multi-product order for export to the U.S. from its subsidiary, Zhejiang Forest Food Co., Ltd. This order includes high-quality dried mushrooms and black fungus, targeting major clients like the STANFORD hotel chain and H-MART supermarket. According to CEO Yefang Zhang, the company is experiencing sales momentum and expanding its product range and distribution network. The statement emphasizes Farmmi's commitment to quality and reliability as key drivers for increasing market share.
Farmmi, Inc. (NASDAQ: FAMI), an agriculture products supplier in China, announced that its underwriter has fully exercised an option to purchase an additional 970,419 ordinary shares at $1.15 per share. This brings total gross proceeds to approximately $8.6 million, before expenses. The offering was conducted under an effective F-3 registration statement filed with the SEC. Aegis Capital Corp. served as the Sole Book-Running Manager. The press release includes forward-looking statements, warning that actual results may vary significantly from the company’s expectations.
Farmmi, Inc. (NASDAQ: FAMI) has announced a significant boost in sales momentum through its subsidiary, Zhejiang Forest Food Co., Ltd., which secured a multi-product export order for dried Shiitake mushrooms and black fungus to Israel. The company's Chairwoman, Yefang Zhang, highlighted the success of their strategy to collaborate closely with customers and distributors in both domestic and international markets. With the global mushroom market projected to reach $69.3 billion by 2024, Farmmi is focused on scaling its operations and enhancing brand awareness to capture growth opportunities.
Aegis Capital Corp. has successfully acted as the Sole Bookrunner for a $7.5 million Follow-On Offering for Farmmi, Inc. (NASDAQ: FAMI). This fundraising effort reflects Farmmi's commitment to expanding its operations as a supplier of agricultural products, particularly focusing on small packaged edible fungi, including Shiitake and Mu Er mushrooms. Established in May 2003 by Yefang Zhang and Zhengyu Wang, Farmmi has positioned itself strongly in the market.
Farmmi, Inc. (NASDAQ: FAMI) has successfully completed an underwritten public offering of 6,469,467 ordinary shares at $1.15 per share, totaling approximately $8.6 million in gross proceeds, including an option for underwriters to purchase additional shares. The funds will be allocated for general corporate and working capital needs. The offering was facilitated by Aegis Capital Corp., and the shares were registered under Form F-3 with the SEC.
Farmmi, Inc. (NASDAQ: FAMI) has announced the pricing of a public offering of 6,469,467 ordinary shares at $1.15 each, expected to close on March 24, 2021. The offering could yield gross proceeds of approximately $8.6 million, including an option for underwriters to purchase an additional 15% to cover over-allotments. Proceeds will be allocated for general corporate and working capital needs. Aegis Capital Corp. is the sole book-running manager for this offering.
Farmmi, Inc. (NASDAQ: FAMI), an agricultural products supplier in China, announced plans for an underwritten public offering of ordinary shares. The net proceeds will be used for general corporate and working capital needs. Details of the offering depend on market conditions, with no assurance of completion or specific terms. Aegis Capital Corp. is the sole book-running manager. This follows an effective shelf registration statement filed with the SEC on March 16, 2021. Investors are encouraged to review the preliminary prospectus supplement and accompanying documents for more information.
Farmmi, Inc. (NASDAQ: FAMI) announced a new multi-product order from Zhejiang Forest Food Co., Ltd. for dried mushrooms and black fungus. The customer is a trading company supplying major global hotel and supermarket chains, including STANFORD and H-MART, to export these products to the U.S. Chairwoman and CEO Yefang Zhang emphasized the versatility and nutritional value of their mushrooms, along with a commitment to sustainable practices. This order enhances Farmmi's presence in the U.S. market, reflecting growth opportunities amid ongoing challenges.
Farmmi, Inc. (NASDAQ: FAMI) announced a follow-on customer order through its subsidiary Zhejiang Forest Food Co., Ltd. for dried mushrooms and black fungus. The order comes from a trading company supplying major hotel and supermarket chains, including the STANFORD hotel and H-MART supermarkets, for export to the UK. CEO Yefang Zhang highlighted the company's increasing sales momentum and focus on revenue growth, emphasizing the opportunity to expand market share in the fragmented healthy product industry.
Farmmi, Inc. (NASDAQ: FAMI), an agriculture products supplier in China, announced a new shipment of shiitake mushrooms from its subsidiary Zhejiang Forest Food Co., Ltd. to a long-term customer with over 100 retail stores in China and Canada. This order signifies a strong start to 2021, highlighting the company’s reputation for quality and potential revenue growth. CEO Yefang Zhang emphasized their commitment to meeting increased demand and strengthening customer relationships.