Vertical farming technology and infrastructure providerNature's Miracle Holding Inc.(NASDAQ:NMHI) andAgrify Corporation(NASDAQ:AGFY) announced Thursday thatboth parties have signed a definitive agreement and merger plan.
Under the deal, a new wholly-owned subsidiary ofNature's Miracle will merge with and into Agrify,which will survive as a wholly-owned subsidiary of Nature's Miracle.
The signing of the agreement directly follows the previously announced term sheet for the merger, according to a press release.
Deal Details
Pursuant to the agreement, shareholders ofAgrify will be issued 0.45 of a share of Nature's Miracle...
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