AgriFORCE Growing Systems Ltd. (AgriFORCE), an Ag-Tech company specializing in controlled environment agriculture systems, has filed an amendment to its prospectus supplement related to a common stock offering. The amendment pertains to the prospectus supplement dated September 10, 2024, supplementing the prospectus dated August 18, 2022. The company aims to offer common stock worth $2,116,746, updating the availability under the existing Registration Statement declared effective by the SEC around August 18, 2022. This amendment does not introduce additional securities but updates previously filed information. AgriFORCE has an Equity Distribution Agreement with Maxim Group LLC, allowing the sale of common stock up to $3,080,000 through Maxim as a sales agent. The company's common stock is traded on Nasdaq under the symbol 'AGRI,' with the last reported sale...Show More

AgriFORCE Growing Systems Ltd. (AgriFORCE), an Ag-Tech company specializing in controlled environment agriculture systems, has filed an amendment to its prospectus supplement related to a common stock offering. The amendment pertains to the prospectus supplement dated September 10, 2024, supplementing the prospectus dated August 18, 2022. The company aims to offer common stock worth $2,116,746, updating the availability under the existing Registration Statement declared effective by the SEC around August 18, 2022. This amendment does not introduce additional securities but updates previously filed information. AgriFORCE has an Equity Distribution Agreement with Maxim Group LLC, allowing the sale of common stock up to $3,080,000 through Maxim as a sales agent. The company's common stock is traded on Nasdaq under the symbol 'AGRI,' with the last reported sale price being $0.0592 per share as of October 25, 2024. AgriFORCE is subject to General Instruction I.B.6 of Form S-3, limiting the sale of securities. The public float's aggregate market value is $8,750,240, based on non-affiliate holdings. The company has not offered securities under General Instruction I.B.6 of Form S3 in the past 12 months, except for a registered direct offering worth $800,000 on October 15, 2024. Sales under this prospectus supplement will be made through methods defined as 'at the market offerings.' Maxim will receive a commission of 3.0% of the gross sales price per share sold and will act as an 'underwriter' within the meaning of the Securities Act. AgriFORCE is also committed to indemnifying Maxim against certain liabilities. The company highlights significant risks involved in investing in its securities. The date of this Amendment No. 1 to prospectus supplement is October 28, 2024.