share_log

S-1: General form for registration of securities under the Securities Act of 1933

SEC announcement ·  May 7 05:10
Summary by Futu AI
AgriFORCE Growing Systems Ltd. (AgriFORCE), a company specializing in intellectual property for agricultural advancements, has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on May 6, 2024. The registration is for the sale of common stock by selling stockholders, which includes shares issuable upon conversion of debentures and exercise of warrants. The company will not receive proceeds from the sale of these securities but will incur related expenses. The registration includes shares issued in private placements and convertible debt transactions, with certain warrants having down round provisions adjusting their exercise price based on future events. AgriFORCE's common stock and Series A Warrants are listed on the Nasdaq Capital Market under the symbols 'AGRI' and 'AGRIW' respectively. The company has not paid cash dividends on its common shares and does not anticipate doing so in the foreseeable future, as funds are expected to be retained to support operations and business growth.
AgriFORCE Growing Systems Ltd. (AgriFORCE), a company specializing in intellectual property for agricultural advancements, has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on May 6, 2024. The registration is for the sale of common stock by selling stockholders, which includes shares issuable upon conversion of debentures and exercise of warrants. The company will not receive proceeds from the sale of these securities but will incur related expenses. The registration includes shares issued in private placements and convertible debt transactions, with certain warrants having down round provisions adjusting their exercise price based on future events. AgriFORCE's common stock and Series A Warrants are listed on the Nasdaq Capital Market under the symbols 'AGRI' and 'AGRIW' respectively. The company has not paid cash dividends on its common shares and does not anticipate doing so in the foreseeable future, as funds are expected to be retained to support operations and business growth.
Helpful
Not Helpful

This announcement is a separate document:

Doc 1

Doc 2

Doc 3

Doc 4

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.