IPO - AGRIFORCE GROWING SYSTEMS LTD.

Form Type: S-1

Filing Date: 2025-02-06

Corporate Action: Ipo

Type: New

Accession Number: 000149315225005223

Filing Summary: Agriforce Growing Systems Ltd. is filing a registration statement under the Securities Act of 1933 for the proposed sale of up to 9,698,474 shares of common stock by selling stockholders. The company is not selling any shares and will not receive any proceeds from the sale. The common stock is listed on the Nasdaq under the symbol 'AGRI' with a last reported sale price of $2.04 per share on February 5, 2025. The company has diversified into sustainable Bitcoin mining with recent acquisitions of three facilities, two in Ohio and one in Alberta, Canada, enhancing its eco-friendly operational practices. It focuses on Ag-Tech innovations, including new intellectual property for plant-based food products and controlled environment agriculture solutions. The anticipated growth strategy includes commercializing products and expanding distribution networks internationally, particularly in clean technologies and sustainable agricultural practices. The prospectus emphasizes the company's commitment to innovation and environmental responsibility while providing investors with a comprehensive overview of potential risks and investment considerations.

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