AgriFORCE Growing Systems has entered into a new Equity Distribution Agreement with Maxim Group LLC on September 10, 2024, enabling the company to sell common shares with an aggregate offering price of up to $3.08 million. This agreement replaces the previous At The Market Offering Agreement with B. Riley, Inc.Under the agreement, Maxim will serve as the exclusive sales agent, receiving a 3% transaction fee on gross sales. The shares will be sold through an "at the market offering" as defined in Rule 415 under the Securities Act, with sales executed on Nasdaq or through other permitted channels. The company will control the timing and amount of any sales, subject to various limitations including market conditions and minimum price requirements.The agreement includes standard representations, warranties, and covenants, with both parties maintaining termination rights upon five days' written notice. The company must maintain compliance with Nasdaq listing requirements and securities regulations throughout the offering period.

AgriFORCE Growing Systems has entered into a new Equity Distribution Agreement with Maxim Group LLC on September 10, 2024, enabling the company to sell common shares with an aggregate offering price of up to $3.08 million. This agreement replaces the previous At The Market Offering Agreement with B. Riley, Inc.Under the agreement, Maxim will serve as the exclusive sales agent, receiving a 3% transaction fee on gross sales. The shares will be sold through an "at the market offering" as defined in Rule 415 under the Securities Act, with sales executed on Nasdaq or through other permitted channels. The company will control the timing and amount of any sales, subject to various limitations including market conditions and minimum price requirements.The agreement includes standard representations, warranties, and covenants, with both parties maintaining termination rights upon five days' written notice. The company must maintain compliance with Nasdaq listing requirements and securities regulations throughout the offering period.