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.

Agrify Corporation (NASDAQ:AGFY ) Q3 2022 Earnings Conference Call November 9, 2022 8:30 AM ET Company Participants Anna Kate Heller – Senior Vice President-Investor Relations Raymond Chang – Chief Executive Officer Timothy Oakes – Chief Financial Officer Conference Call Participants Remy Smith – Alliance Global Partners Eric Des Lauriers – Craig-Hallum Anthony Vendetti – Maxim Group Operator Greetings and welcome to the Agrify Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Agrify Corporation (AGFY) Q3 2022 Earnings Call Transcript

Industry Headwinds Continue to Challenge Business

Agrify Announces Results for Third Quarter 2022

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State-of-the-Art Solution Will Initially Be Utilized by Three Customers Including Alchemist Ventures in Maryland State-of-the-Art Solution Will Initially Be Utilized by Three Customers Including Alchemist Ventures in Maryland

Agrify Announces Successful Commercialization of Recently Launched PX10 Hydrocarbon Cannabis Extractor

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BILLERICA, Mass., Oct. 31, 2022 (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 will host a conference call to review its financial results for the third quarter ended September 30, 2022 on Wednesday, November 9, 2022 at 8:30 a.m. Eastern Time (ET). The call will be hosted by Raymond Chang, Chief Executive Officer, and Timothy Oakes, Chief Financial Officer. All interested parties are invited to attend. The Company will report its financial results for the third quarter in advance of the call.

Agrify to Host Third Quarter 2022 Results Conference Call

BILLERICA, Mass., Oct. 31, 2022 (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 it has received written notice from The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it has regained compliance with Nasdaq's minimum bid price listing requirement. The Company has satisfied the terms for continued listing on the Nasdaq Capital Market by complying with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2). Accordingly, Nasdaq has advised that the matter is now closed.

Agrify Regains Compliance with Nasdaq's Listing Requirements

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BILLERICA, Mass., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today provided an update on sales under its previously announced at-the-market equity program (the “ATM Program”), which was established on October 18, 2022 with Canaccord Genuity serving as the sales agent. As of October 26, 2022, the Company had sold a total of 6,038,817 shares of common stock under the ATM Program for aggregate gross proceeds of $15.40 million and net proceeds, after deducting commissions, of $14.94 million. As of October 26, 2022, the Company had $34.60 million of remaining availability for future issuances of common stock under the ATM Program.

Agrify Provides Update on Its At-the-Market Equity Program

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Agrify CEO Raymond Chang talks about why it had to pivot in the current challenging environment. Addressing industry pain points and growing segments.

Agrify's Pivot With CEO Raymond Chang

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BILLERICA, Mass., Oct. 17, 2022 (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's Board of Directors approved a 1-for-10 reverse stock split, to be effective as of 12:01 a.m. on Tuesday, October 18, 2022. The Company's common stock will open for trading on the Nasdaq Capital Market on Tuesday, October 18, 2022 on a split-adjusted basis under the current trading symbol "AGFY." The reverse stock split was approved by the Company's stockholders on October 14, 2022 and is intended to increase the per share trading price of the Company's common stock to enable the Company to satisfy the minimum bid price requirement for continued listing on the Nasdaq Capital Market. ​

Agrify Announces 1-For-10 Reverse Stock Split

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BILLERICA, Mass., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today issued the following statement relating to the default of its customer Bud & Mary's Cultivation, Inc. (“Bud & Mary's”) under a construction loan facility extended by Agrify to Bud & Mary's associated with an Agrify Total Turn-Key Solution (“Agrify TTK Solution”) project and the lawsuit brought by Bud & Mary's in response to the default notice:

Agrify Issues Statement Refuting Lawsuit from Defaulted Customer

Projects in Illinois, Massachusetts, and South Africa Expected to Generate Over $7.5 Million in Cultivation-Related Hardware Sales with Additional Recurring SaaS and Production Success Fees Projects in Illinois, Massachusetts, and South Africa Expected to Generate Over $7.5 Million in Cultivation-Related Hardware Sales with Additional Recurring SaaS and Production Success Fees

Agrify Announces Three New Rapid Deployment Program Customer Engagements

Source: Joshua Resnick / Shutterstock.com Agrify (NASDAQ: AGFY ) stock is rising higher on Wednesday as investors in the cannabis company react to insider buying reports. David Aaron Kessler, the Chief Scientific Officer of Agrify, is behind today's insider buying news.

What Is Going on With Agrify (AGFY) Stock Today?

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Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Agrify To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - September 14, 2022) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Agrify Corporation ("Agrify" or the "Company") (NASDAQ: AGFY).If you suffered losses exceeding $100,000 investing in Agrify stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/AGFY.

News for Agrify Stock (AGFY)