AgriFORCE Growing Systems Ltd. (AgriFORCE) has announced the filing of a DEF 14A form with the United States Securities and Exchange Commission, scheduling its Annual Meeting of Shareholders for November 25, 2024. The meeting will take place at the company's headquarters in Vancouver, Canada. Shareholders will vote on several key proposals, including the election of five directors, the ratification of Marcum LLP as the company's independent auditor for the fiscal year ending December 31, 2024, the approval of a reverse stock split in a ratio range from 1:15 to 1:100, the approval of the company's 2024 Equity Incentive Plan, and other business that may arise. The board unanimously recommends voting 'FOR' all proposals. The DEF 14A filing also outlines the background and rationale for each proposal...Show More

AgriFORCE Growing Systems Ltd. (AgriFORCE) has announced the filing of a DEF 14A form with the United States Securities and Exchange Commission, scheduling its Annual Meeting of Shareholders for November 25, 2024. The meeting will take place at the company's headquarters in Vancouver, Canada. Shareholders will vote on several key proposals, including the election of five directors, the ratification of Marcum LLP as the company's independent auditor for the fiscal year ending December 31, 2024, the approval of a reverse stock split in a ratio range from 1:15 to 1:100, the approval of the company's 2024 Equity Incentive Plan, and other business that may arise. The board unanimously recommends voting 'FOR' all proposals. The DEF 14A filing also outlines the background and rationale for each proposal, including the reverse stock split aimed at regaining compliance with Nasdaq's minimum bid price requirement. The board has fixed October 15, 2024, as the record date for determining shareholders entitled to notice and vote at the meeting. Shareholders unable to attend in person can vote by proxy before the deadline on the morning of the meeting.