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AgriFORCE Growing | 8-K: Current report

SEC announcement ·  Apr 12 21:27
Summary by Futu AI
On April 11, 2024, AgriFORCE Growing Systems Ltd., a company listed on the Nasdaq Capital Market under the trading symbol AGRI, filed a Form 8-K with the United States Securities and Exchange Commission. The report indicates that AgriFORCE has entered into waivers with two institutional investors from its June 2022 financing. These waivers modify the terms of the Securities Purchase Agreement dated June 30, 2022, as amended on June 23, 2023, by reducing the minimum tranche for Additional Closings from $1.0 million to $0.5 million. The company has the option to conduct these Additional Closings until December 31, 2024. The Form 8-K also includes forward-looking statements, which are based on current management beliefs and assumptions but are subject to risks and uncertainties that could cause actual results to differ materially.
On April 11, 2024, AgriFORCE Growing Systems Ltd., a company listed on the Nasdaq Capital Market under the trading symbol AGRI, filed a Form 8-K with the United States Securities and Exchange Commission. The report indicates that AgriFORCE has entered into waivers with two institutional investors from its June 2022 financing. These waivers modify the terms of the Securities Purchase Agreement dated June 30, 2022, as amended on June 23, 2023, by reducing the minimum tranche for Additional Closings from $1.0 million to $0.5 million. The company has the option to conduct these Additional Closings until December 31, 2024. The Form 8-K also includes forward-looking statements, which are based on current management beliefs and assumptions but are subject to risks and uncertainties that could cause actual results to differ materially.
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