Farmmi

Farmmi, Inc. is an agricultural e-commerce and technology enterprise that offers trading platforms for agricultural products. The firm manages an industry chain of Internet marketing for agriculture products with agricultural technology research and development, family farm development, and product processing. It focuses on processing and selling edible fungi, mainly Shiitake and Mu Er mushrooms. The company was founded by Ye Fang Zhang and Zheng Yu Wang in 2003 and is headquartered in Lishui, China.

Farmmi, Inc. is a holding company, which engages in e-commerce and technology enterprise that offers trading platforms for agricultural products. Its products include Shiitake Mushroom, Mu Er Mushroom, and other edible fungi and other agricultural products. The company was founded by Ye Fang Zhang and Zheng Yu Wang in 2003 and is headquartered in Lishui, China.

LISHUI, China , Oct. 24, 2024 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced that the Company's subsidiary, FARMMI USA INC. ("Farmmi USA"), has reached an agreement in principle with Mazon Technology LLC for strategic cooperation in warehousing and logistics services that could potentially bring in $10 million in annual orders for Farmmi USA.

Farmmi, Inc. Enters into Strategic Cooperation Agreement Aimed to Further Expand Its Logistic Services Business

LISHUI, China , Oct. 23, 2024 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced that on October 22, 2024, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through April 21, 2025. To regain compliance with NASDAQ's minimum bid price requirement, the closing bid price of the Company's ordinary shares needs to be at least $1.00 per share or greater for at least ten consecutive business days by April 21, 2025.

Farmmi Receives NASDAQ Minimum Bid Price Requirement Extension

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LISHUI, China , Aug. 23, 2024 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (Nasdaq: FAMI), an agriculture products supplier in China, today announced that it has entered into a securities purchase agreement with certain institutional investors to purchase 3,433,167 ordinary shares of the Company (the "Ordinary Shares") in a registered direct offering. In a concurrent private placement, the Company also agreed to issue and sell to the investors Series A warrants to purchase up to 3,433,167 Ordinary Shares.

Farmmi Announces Pricing of $1.0 Million Registered Direct Offering

LISHUI, China, Aug. 15, 2024 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced a successful opening of the Company's warehouse and distribution center in Los Angeles, California. On the first day of its operations on August 12, 2024, the distribution center received warehousing orders for 28 shipping containers.

Farmmi Announces The Launching of Its New Warehousing And Distribution Center Services in North America

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LISHUI, China , July 22, 2024 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced the Company's subsidiary, FARMMI USA INC., has signed a sublease agreement and acquired the right to use a large distribution and storage center in United States to further expand its global business.

Farmmi, Inc. Expands North America Operations

LISHUI, China , July 2, 2024 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced the Company's subsidiary, Zhejiang Farmmi Food Co., Ltd., has received the certificate of "An Agricultural Products Sales King" awarded by the Lishui municipal authority.

Farmmi Receives Agricultural Products Sales Award

LISHUI, China , April 26, 2024 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced that on April 22, 2024, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's ordinary shares was below $1.00 per share for a period of 32 consecutive business days.

Farmmi Receives NASDAQ Notification Regarding Minimum Bid Requirements

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LISHUI, China , Dec. 4, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, announced today its latest order for shipment to Canada, reflecting continued healthy North American demand. The latest order is for the Company's high-quality dried Shiitake mushrooms.

Farmmi Ships Latest Order to Canada; Company Continues to Benefit from Healthy North American Demand

LISHUI, China , Nov. 27, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced one of its valued customers shipped a follow-up high-volume order to Chile. The latest order is for the Company's popular dried Shiitake mushrooms and black Mu Er mushrooms.

Farmmi Ships High-Volume Repeat Order to Chile; Company Sees Golden Age for Mushrooms

LISHUI, China , Oct. 25, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, announced today the Company has shipped a repeat order for export to Jordan. The repeat order from a long-term customer is for the Company's high-quality dried Shiitake mushrooms.

Farmmi Ships High-Volume Repeat Order to Jordan

LISHUI, China , Oct. 10, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (Nasdaq: FAMI), an agriculture products supplier in China, today announced that on October 9, 2023, it received notification from The Nasdaq Stock Market LLC ("Nasdaq") confirming the Company has cured the bid price deficiency and that the Company has regained compliance with Listing Rule 5550(a)(2). Accordingly, this matter is now closed and the Company's ordinary shares will continue to trade uninterrupted on Nasdaq under the ticker "FAMI".

Farmmi Regains Compliance with Nasdaq Minimum Bid Price Requirement

Farmmi (NASDAQ: FAMI ) stock is sliding on Monday after the Chinese agricultural products company announced a reverse stock split. That reverse stock split goes into effect today and has the company consolidating eight shares of FAMI stock into a single share.

Why Is Farmmi (FAMI) Stock Down 4% Today?

LISHUI, China , Sept. 22, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), announced today that at the Company's shareholder meeting on September 21, 2023, shareholders approved the previously proposed consolidation of the Company's ordinary shares at the ratio of one-for-eight with the market effective date of September 25, 2023.

Farmmi Announces Approval of 1-for-8 Ordinary Share Consolidation

LISHUI, China , Sept. 14, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, announced today the Company received multiple high-volume orders from a long-term customer for shipment to Lebanon.

Farmmi Receives Multiple High-Volume Orders from Long Term Customer Exporting to Lebanon

LISHUI, China , Sept. 5, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced one of its new customers shipped a high-volume order to Chile.

Farmmi Customer Ships High-Volume Order Chile

44% Increase in First Half 2023 Revenue Compared to First Half 2022 Over 54% of Revenue Generated from New Trading Segment 369% Increase in Net Income in First Half 2023 Compared to First Half 2022 $162 Million in Total Shareholders' Equity as of March 31, 2023 LISHUI, China , Aug. 31, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced its unaudited financial results for the six months ended March 31, 2023, with record revenue generated by new growth segments. Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, "We delivered record company revenue and net income in a very challenging supply chain and logistics environment while bolstering our cash balance to support our business expansion.

Farmmi Reports Record Company First Half 2023 Revenue and Net Income

LISHUI, China , Aug. 24, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, announced today its latest high-volume order for shipment to the UK. The latest order, approximately half of which is for new customers, is for the Company's high-quality dried and sliced mushrooms.

Farmmi Announces Update with Latest UK Order

LISHUI, China , Aug. 10, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, announced today its latest order for shipment to Toronto, Canada, reflecting its continued growth in the important North American market. The latest order is for the Company's high-quality dried and sliced mushrooms.

Farmmi Announces New Order Exporting to Canada

LISHUI, China , Aug. 1, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, announced today its latest repeat high-volume order for shipment to Lebanon, one of its growing international markets. The latest order is for the Company's high-quality dried Shiitake mushrooms.

Farmmi Continues International Growth with Repeat High-Volume Order Exporting to Lebanon

LISHUI, China , July 19, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced that it closed a private placement transaction (the "Private Placement"), raising approximately US$8.0 million in gross proceeds, from the sale of 21,052,632 of the Company's ordinary shares (the "Shares") to various purchasers (the "Purchasers"), priced at US$0.38 per share. On July 12, 2023, the Company entered into a securities purchase agreement with certain non-U.S. purchasers (the "Purchasers") for the aforementioned placement offering.

Farmmi Announces Closing of US$8.0 Million Private Placement

LISHUI, China , July 13, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, announced today a new high-volume order for shipment to Egypt, one of Africa's largest economies. The latest order is for the Company's high-quality dried shiitake mushrooms and black fungus.

Farmmi Announces New High-Volume Order Exporting to Egypt

LISHUI, China , July 5, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced new high-volume, multi-customer orders. The expansive multi-product orders cover a wide range of the Company's popular products including its dried and sliced mushrooms, flower mushrooms, dried black fungus and dried Shiitake mushrooms.

Farmmi Announces New High-Volume, Multi-Customer Orders

LISHUI, China , June 20, 2023 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced a new high volume order for its dried Shiitake mushrooms and dried black fungus, which will export to Romania. The latest high volume order represents a further sales expansion in Europe.

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