Nature's Miracle Holding Confirms $2.1M Debt Reduction Agreement With Uninet Global; With This Agreement, $577,500 Remains Outstanding.
Nature's Miracle Holding Confirms $2.1M Debt Reduction Agreement With Uninet Global; With This Agreement, $577,500 Remains Outstanding.
Nature's Miracle Holding Inc. (NASDAQ:NMHI) ("Nature's Miracle" or the "Company"), a leader in vertical farming technology and infrastructure, has signed a debt forgiveness agreement with Uninet Global Inc. ("Uninet"), a related party, to reduce the majority of its outstanding trade payable debt. Under this agreement, Uninet Global, a supplier to Visiontech Group, Inc., a wholly owned subsidiary of Nature's Miracle, agreed to forgive $2.1 million of the outstanding payables owed by Visiontech. With this agreement, $577,500 remains outstanding.
納斯達克上市公司大自然奇蹟控股有限公司(NASDAQ: NMHI)("大自然奇蹟"或"公司")是垂直種植技術和基礎設施領域的領導者,與全球互聯公司("Uninet")簽署了一項債務豁免協議,以減少其未清償交易應付賬款的大部分。根據該協議,作爲大自然奇蹟全資子公司Visiontech Group, Inc.的供應商的全球互聯同意豁免Visiontech欠其的$210萬應付款的大部分。根據該協議,仍有$577,500未還。
James Li, Chairman and CEO of Nature's Miracle, commented, "This debt reduction agreement is in line with our strategy to optimize our capital structure. The effect is a reduction of liabilities of $2.1 million on the financial statements which will also increase stockholder's equity by $2.1 million. The agreement with Uninet is ultimately a vote of confidence in Nature's Miracle and our long-term trajectory for the Company. Lastly, we would like to express our gratitude to Uninet Global for the debt forgiveness."
大自然奇蹟的董事長兼首席執行官James Li評論道:"這項減少債務的協議符合我們優化資本結構的戰略。其效果是財務報表上負債減少了$210萬,也將股東權益增加$210萬。與全球互聯的協議最終是對大自然奇蹟和我們公司的長期發展軌跡的信心表達。最後,我們要感謝全球互聯對債務豁免的支持。
譯文內容由第三人軟體翻譯。