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We provide the latest news from the world of economics and finance
(RTTNews) - Agrify Corp. (AGFY), Wednesday announced the pricing of around 6.7 million shares at $0.38 per share, to raise approximately $2.6 million. The company intends to use the proceeds for working capital and other corporate-related purposes.
The offering is expected to close on February 28.
Currently, Agrify's stock is sliding 8.62 percent, to $0.47 over a previous close of $0.51 on the Nasdaq.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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