Agrify

Agrify Corp. operates as a developer of advanced and proprietary precision hardware and software grow solutions for the indoor agriculture marketplace. Its solutions include vertical forming units, LED grow lights, cultivation software, biosecurity, and equipment financing. The company was founded on June 6, 2016 and is headquartered in Burlington, MA.

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Agrify Corp. engages in the development of hardware and software solutions for indoor agriculture. The company was founded on June 6, 2016 and is headquartered in Troy, MI.

TROY, Mich., March 13, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced the signing of a Turnkey Hydrocarbon Extraction and Lab Equipment Package with Justice Cannabis Co. (“Justice Cannabis” or the “Customer”), a licensed multi-state operator with 14 dispensaries around the Country now expanding into the New Jersey market.

Agrify Corporation Announces Turnkey Extraction Equipment Deal with Multi-State Operator Justice Cannabis Co. Expanding into New Jersey Market

TROY, Mich., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced the signing of a multi-year cultivation and extraction deal with HarvestWorks Farm, New Jersey (“HarvestWorks Farm” or the “Customer”), a licensed New Jersey operator.

Agrify Corporation Announces $3.4 Million Sales Order From New Jersey Woman-Owned Business HarvestWorks Farm

TROY, Mich., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced the pricing of its public offering of 6,723,684 shares of common stock (or pre-funded warrants in lieu thereof) at a public offering price of $0.38 per share.

Agrify Corporation Announces Pricing of $2.6 Million Public Offering

TROY, Mich., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced the signing of a term sheet with PDS Ventures, LLC (“PDS Ventures” or the “Customer”), a licensed Michigan operator, to provide PDS Ventures with Agrify's multi-year end-to-end managed extraction services (“Managed Services”).

Agrify Corporation Announces First Multi-Year and Two-Million Dollar Extraction Managed Services Contract with Customer in Michigan

Agrify Corporation Announces Preliminary Unaudited Financial Results for Q4 2023 | Expects to Achieve the Lowest Net Loss and Cash Burn in Company History

Agrify Corporation Announces Preliminary Unaudited Financial Results for Q4 2023 and Update on Customer Project

TROY, Mich., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced the signing of an approximately half a million dollars Turnkey Ethanol Extraction and Lab Equipment Package with Denver Cole Labs (“Denver Cole” or the “Customer”), a conditionally licensed New Jersey operator.

Agrify Corporation Announces Turnkey Ethanol Extraction Deployment in New Jersey with Denver Cole

Agrify (NASDAQ: AGFY ) stock is taking off on Tuesday as investors celebrate the company reaching a milestone at Lume Cannabis' Michigan facility. According to a press release from Agrify, it has successfully installed a PX-30 Hydrocarbon Extraction System at the Michigan location.

Why Is Agrify (AGFY) Stock Up 57% Today?

TROY, Mich, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced the successful installation of a PX-30 Hydrocarbon Extraction System at its customer's Michigan facility. The PX-30 Hydrocarbon Extraction System is the largest system of Agrify's PX-Extraction series, and represents a cutting-edge advancement in hydrocarbon extraction technology, designed to enhance efficiency and precision in the extraction process.

Agrify Corporation Achieves Milestone with PX-30 Hydrocarbon Extraction System Installation in Michigan Facility

TROY, Mich., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced that the Company has received formal notification that the Nasdaq Hearings Panel (the “Panel”) has granted the Company's request for continued listing on The Nasdaq Capital Market pursuant to an extension through April 15, 2024, to evidence compliance with Nasdaq Listing Rule 5550(b)(1) (the “Rule”), which requires listed companies to have a stockholders' equity of at least $2.5 million for continued listing on The Nasdaq Capital Market.

Agrify Receives Positive Nasdaq Listing Determination

Agrify (NASDAQ: AGFY ) stock is on the move Tuesday as investors react to updates on ownership of the cannabis and hemp company's shares. The latest news has to do with the transfer of a convertible senior note to CP Acquisitions.

Why Is Agrify (AGFY) Stock Up 61% Today?

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Agrify Announces the Result of its Reconvened Annual Meeting, At Premium $3.9 Million Debt Conversion, and the Exercise of a Majority of Previously Issued

Agrify Announces the Result of its Reconvened Annual Meeting, At Premium $3.9 Million Debt Conversion, and the Exercise of a Majority of Previously Issued Warrants

TROY, Mich., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced it has entered into a multi-million dollar sales agreement (“the Agreement”) with Ocean Deep/Golden Lake Business Park, a California-based vertically integrated cannabis operator.

Agrify's Enters Into First Hydrocarbon Extraction Lab & Vertical Farming Unit Facility in California

TROY, Mich., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced voting results from the Company's Annual Meeting of Stockholders on January 8, 2024.

Agrify Corporation Announces Results from Annual Meeting of Stockholders

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Successful Implementation of Turn-Around Initiatives Resulted in the Lowest Historical Net Loss Successful Implementation of Turn-Around Initiatives Resulted in the Lowest Historical Net Loss

Agrify Corporation Announces Results for Third Quarter 2023

Agrify (NASDAQ: AGFY ) just reported results for the second quarter of 2023. Agrify reported earnings per share of -$4.39.

AGFY Stock Earnings: Agrify Reported Results for Q2 2023

TROY, Mich., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced financial results for the second quarter ended June 30, 2023 (“Q2 2023”).

Agrify Corporation Announces Results for Second Quarter 2023

TROY, Mich., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced financial results for the fiscal year ended December 31, 2022 (“FY 2022”), and for the first quarter ended March 31, 2023 (“Q1 2023”).

Agrify Announces Results for FY2022 and First Quarter 2023

TROY, Mich., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced that on November 16, 2023, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying Agrify that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of not having timely filed its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2023, with the Securities and Exchange Commission (“SEC”).

Agrify Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)

TROY, Mich., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced that on November 6, 2023 it received a letter from the Hearings Panel (the “Panel”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying Agrify that the stay of suspension for Agrify's common stock will be extended until a hearing before the Panel and issuance of a final Panel decision.

Agrify Receives Extended Stay of Suspension from Nasdaq

TROY, Mich., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced that CP Acquisition LLC (the “New Lender”) and its existing institutional lender (the “Existing Lender”), have signed a definitive agreement pursuant to which the New Lender purchased all of the outstanding convertible and senior secured notes of Agrify held by the Existing Lender and plans to participate in a future equity raise to inject new capital in the Company. Raymond Chang, the Chief Executive Officer of the Company, is one of the principals of the New Lender.

Agrify Announces Transfer of its Existing Credit Facility and Expected New Equity Investment

TROY, Mich., Oct. 20, 2023 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced that on October 17, 2023 it received a letter from the Listing Qualifications Department (the “Listing Department”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying Agrify that Nasdaq has initiated a process that could result in the delisting of Agrify's securities from Nasdaq as a result of Agrify not being in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”). The Staff Determination has no immediate effect and will not immediately result in the suspension of trading or delisting of Agrify's shares of common stock.

Agrify Receives Nasdaq Staff Determination of Non-Compliance with Listing Rule 5250(c)(1)

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Marijuana stock investors are remaining patient for another bounce in trading. The continuous volatile trading has been both good and tough for some investors. Looking at the tough part would be when volatile trading leads to a drop in trading. Traders have bought shares at what they feel is a low entry level then due to volatility it drops even more. This leads to more concern and worries about investing in marijuana stocks for the future.

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