Agriforce Growing Systems Ltd

AgriFORCE Growing Systems Ltd. is an agriculture-focused technology company. It delivers solutions for high value crops through its proprietary facility design and automation intellectual property to businesses and enterprises globally. The firm intends to operate in the plant based pharmaceutical, nutraceutical, and other crop markets using its proprietary facility design and hydroponics based automated growing system that enable cultivators to effectively grow crops in a controlled environment. The company was founded on December 22, 2017 and is headquartered in Vancouver, Canada.

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AgriFORCE Growing Systems Ltd. is an agriculture technology company, which engages in the development and utilization of intellectual property (IP) assets for improvement. Its solutions include consulting, air and surface sterilization, and other projects. The company was founded on December 22, 2017 and is headquartered in Vancouver, Canada.

VANCOUVER, British Columbia, July 12, 2021 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. ("AgriFORCE" or the "Company") (Nasdaq:AGRI;AGRIW), today announced the closing of an underwritten initial public offering of 3,127,998 units, each consisting of one common share and one Series A warrant to purchase one common share, at a public offering price of $5.00 per share for gross proceeds of approximately $15.6 million, prior to deducting underwriting discounts, commissions, and other offering expenses.

AgriFORCE Growing Systems Ltd. Announces Closing of $15.6 Million Initial Public Offering and Full Exercise of Underwriter's Over-Allotment Option

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