US Market News
2日前
Farmmi, Inc. Announces Closing of $3.0 Million Underwritten Public OfferingJune 30, 2026 10:55 AM
PR Newswire (US) LISHUI, China, June 30, 2026 /PRNewswire/ -- Farmmi, Inc. (NASDAQ: FAMI) (the "Company"), an agriculture products supplier in China and a logistics and supply chain services provider in the United States, today announced the closing of its previously announced firm commitment underwritten public offering. Gross proceeds to the Company were approximately $3.0 million, before deducting underwriting fees and other offering expenses payable by the Company. The offering closed on June 30, 2026.The offering consists of the sale of 7,000,000 Class A ordinary shares (the "Ordinary Shares") and pre-funded warrants to purchase 5,000,000 Ordinary Shares (the "Pre-Funded Warrant"). The public offering price per Ordinary Share was $0.25 (or $0.24999 for each Pre-Funded Warrant, which is equal to the offering price per Ordinary Share sold in the offering minus an exercise price of $0.00001 per Pre-Funded Warrant). The Pre-Funded Warrants are immediately exercisable and may be exercised at any time until exercised in full. For each Pre-Funded Warrant sold in the offering, the number of Ordinary Shares in the offering was decreased on a one-for-one basis.The transaction closed on June 30, 2026. The Company expects to use the net proceeds from the offering, together with its existing cash, for general corporate purposes and working capital.Solely to cover over-allotments, if any, the Company granted Aegis Capital Corp. a 45-day option to purchase up to additional 1,800,000 Ordinary Shares (15.0% of the number of Ordinary Shares sold in the offering). The purchase price to be paid per additional Ordinary Share will be equal to the public offering price of one Ordinary Share, less the underwriting discount.Aegis Capital Corp. is acting as the sole book-running manager for the offering. Kaufman & Canoles, P.C. is acting as U.S. counsel to the Company. Lucosky Brookman LLP is acting as U.S. counsel to Aegis Capital Corp.The offering was made pursuant to an effective shelf registration statement on Form F-3 (No. 333-280348) previously filed with the U.S. Securities and Exchange Commission (SEC) and declared effective by the SEC on June 27, 2024. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering were filed with the SEC and is available on the SEC's website located at www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Aegis Capital Corp., Attention: Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, by email at syndicate @RAREBREED.This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.About Farmmi, Inc.Established in 1998, Farmmi Inc. (Nasdaq: FAMI) is an agricultural products supplier, processor and retailer of edible mushrooms like Shiitake and Mu Er, as well as other agricultural products. Farmmi sells its products through the established distribution channels. The Company also provides logistics and supply chain services in the United States. For further information about the Company, please visit: https://www.farmmi.com. Forward-Looking StatementsThe foregoing material may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company's product development and business prospects, and can be identified by the use of words such as "may," "will," "expect," "project," "estimate," "anticipate," "plan," "believe," "potential," "should," "continue" or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.For more information, please contact:Farmmi, Inc.
Investor Relations
Tel: +86-0578-82612876
ir@farmmi.com View original content:https://www.prnewswire.com/news-releases/farmmi-inc-announces-closing-of-3-0-million-underwritten-public-offering-302814696.htmlSOURCE Farmmi, Inc. Original: Farmmi, Inc. Announces Closing of $3.0 Million Underwritten Public Offering
US Market News
4日前
Farmmi, Inc. Announces Pricing of $3.0 Million Underwritten Public OfferingJune 29, 2026 7:46 AM
PR Newswire (US) LISHUI, China, June 29, 2026 /PRNewswire/ -- Farmmi, Inc. (NASDAQ: FAMI) (the "Company"), an agriculture products supplier in China and a logistics and supply chain services provider in the United States, today announced the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately $3.0 million, before deducting underwriting fees and other offering expenses payable by the Company.The offering consists of the sale of 12,000,000 Class A ordinary shares (each, an "Ordinary Share") and/or pre-funded warrants to purchase Ordinary Shares (each, a "Pre-Funded Warrant"). The public offering price per share is $0.25 (or $0.24999 for each Pre-Funded Warrant, which is equal to the offering price per Ordinary Share sold in the offering minus an exercise price of $0.00001 per Pre-Funded Warrant). The Pre-Funded Warrants are immediately exercisable and may be exercised at any time until exercised in full.Aggregate gross proceeds to the Company are expected to be approximately $3.0 million. The transaction is expected to close on or about June 30, 2026, subject to the satisfaction of customary closing conditions. The Company expects to use the net proceeds from the offering, together with its existing cash, for general corporate purposes and working capital.Solely to cover over-allotments, if any, the Company has granted Aegis Capital Corp. a 45-day option to purchase additional Ordinary Shares of up to 15.0% of the number of Ordinary Shares sold in the offering. The purchase price to be paid per additional Ordinary Share will be equal to the public offering price of one Ordinary Share, less the underwriting discount.Aegis Capital Corp. is acting as the sole book-running manager for the offering. Kaufman & Canoles, P.C. is acting as U.S. counsel to the Company. Lucosky Brookman LLP is acting as U.S. counsel to Aegis Capital Corp.The offering is being made pursuant to an effective shelf registration statement on Form F-3 (No. 333-280348) previously filed with the U.S. Securities and Exchange Commission (SEC) and declared effective by the SEC on June 27, 2024. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC's website located at www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Aegis Capital Corp., Attention: Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, by email at syndicate @RAREBREED.Interested parties should read in their entirety the prospectus supplement and the accompanying prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in such prospectus supplement and the accompanying prospectus, which provide more information about the Company and such offering.This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.About Farmmi, Inc.Established in 1998, Farmmi Inc. (Nasdaq: FAMI) is an agricultural products supplier, processor and retailer of edible mushrooms like Shiitake and Mu Er, as well as other agricultural products. Farmmi sells its products through the established distribution channels. The Company also provides logistics and supply chain services in the United States. For further information about the Company, please visit: https://www.farmmi.com.Forward-Looking StatementsThe foregoing material may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company's product development and business prospects, and can be identified by the use of words such as "may," "will," "expect," "project," "estimate," "anticipate," "plan," "believe," "potential," "should," "continue" or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.For more information, please contact:Farmmi, Inc.
Investor Relations
Tel: +86-0578-82612876
ir@farmmi.com View original content:https://www.prnewswire.com/news-releases/farmmi-inc-announces-pricing-of-3-0-million-underwritten-public-offering-302813167.htmlSOURCE Farmmi, Inc. Original: Farmmi, Inc. Announces Pricing of $3.0 Million Underwritten Public Offering
US Market News
6日前
Farmmi, Inc. Announces Launch of Proposed Public OfferingJune 26, 2026 8:01 PM
PR Newswire (US) LISHUI, China, June 26, 2026 /PRNewswire/ -- Farmmi, Inc. (NASDAQ: FAMI) (the "Company"), an agriculture products supplier in China and a logistics and supply chain services provider in the United States, today announced that it intends to offer in a public offering Class A ordinary shares of the Company.The Company intends to use the net proceeds from this offering for general corporate and working capital needs. The Company's Class A ordinary shares are trading on the Nasdaq Capital Market under the symbol "FAMI". The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the Offering.Aegis Capital Corp. is acting as the sole book-running manager for the offering on a firm commitment basis.The offering is being made pursuant to an effective shelf registration statement on Form F-3 (No 333-280348) previously filed with the U.S. Securities and Exchange Commission (SEC) and declared effective by the SEC on June 27, 2024. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Aegis Capital Corp., Attention: Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, by email at syndicate @RAREBREED.This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.About Farmmi, Inc.Established in 1998, Zhejiang, Farmmi, Inc. (NASDAQ: FAMI), is an agricultural products supplier, processor and retailer of Shiitake mushrooms, Mu Er mushrooms, other edible fungi and other agricultural products. The Company also provides logistics and supply chain services in the United States. For further information about the Company, please visit: https://www.farmmi.com.Forward-Looking StatementsThis press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. Such offers may only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws.Certain statements in this press release regarding the Company's future growth prospects are forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied in such statements. These risks and uncertainties include, but are not limited to: our ability to secure financing on favorable terms, customer order fulfillment, earnings volatility, exchange rate fluctuations, our ability to manage growth, the ability to generate revenue from business expansion and acquisitions, our ability to attract and retain qualified professionals, customer concentration, segment concentration, and other factors affecting the general economic conditions of the industry. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission (SEC), which are available at www.sec.gov. Farmmi may also make additional forward-looking statements from time to time in written or oral form, including in filings with the SEC and in reports to shareholders. Please note that all forward-looking statements are based on current assumptions believed to be reasonable as of the date of this press release. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law.For more information, please contact:
Farmmi, Inc.
Investor Relations
Tel: +86-0578-82612876
ir@farmmi.com View original content:https://www.prnewswire.com/news-releases/farmmi-inc-announces-launch-of-proposed-public-offering-302812446.htmlSOURCE Farmmi, Inc. Original: Farmmi, Inc. Announces Launch of Proposed Public Offering
US Market News
4月前
Farmmi Subsidiary SuppChains Group Receives Hazardous Materials Permit in CaliforniaMarch 11, 2026 7:00 AM
PR Newswire (US)
LISHUI, China, March 11, 2026 /PRNewswire/ -- Farmmi, Inc. (NASDAQ: FAMI) ("Farmmi" or the "Company") today announced that its U.S. subsidiary, SuppChains Group Inc, has received a Hazardous Materials Annual Permit from San Bernardino County CUPA (Certified Unified Program Agency), California.The CUPA permit was issued to SuppChains Group's facility in Chino, California under the county's hazardous materials management program. The permit is valid from April 1, 2026 through March 31, 2027 and certifies that SuppChains facility may handle or store certain special hazardous materials in its operations.The permit was issued under the regulatory framework of the California Environmental Protection Agency unified hazardous materials program. As a condition of the CUPA permit to operate, SuppChains Group Inc. must comply with applicable regulatory requirements set forth in the specified hazardous materials and waste programs.Yefang Zhang, Chief Executive Officer of Farmmi, commented:"Receiving this permit marks an important step in strengthening our subsidiary's operational infrastructure in California. We remain committed to maintaining regulatory compliance while expanding our supply chain and logistics capabilities in North America."About Farmmi, Inc.Founded in 1998, Farmmi, Inc. (Nasdaq: FAMI) is an agricultural products supplier, distributor and logistics service provider, with a focus on edible mushrooms (including shiitake and wood ear mushrooms) and other agricultural products. The Company distributes high-quality agricultural goods to the global markets primarily through its established distribution channels. For more information, please visit: https://www.farmmi.comForward-Looking StatementsThis press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. Such offers may only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws.Certain statements in this press release regarding the Company's future growth prospects are forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied in such statements. These risks and uncertainties include, but are not limited to: our ability to secure financing on favorable terms, customer order fulfillment, earnings volatility, exchange rate fluctuations, our ability to manage growth, the ability to generate revenue from business expansion and acquisitions, our ability to attract and retain qualified professionals, customer concentration, segment concentration, and other factors affecting the general economic conditions of the industry. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission (SEC), which are available at www.sec.gov. Farmmi may also make additional forward-looking statements from time to time in written or oral form, including in filings with the SEC and in reports to shareholders. Please note that all forward-looking statements are based on current assumptions believed to be reasonable as of the date of this press release. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law.For more information, please contact: Farmmi, Inc.
Investor Relations
Tel: +86-0578-82612876
ir@farmmi.com
View original content:https://www.prnewswire.com/news-releases/farmmi-subsidiary-suppchains-group-receives-hazardous-materials-permit-in-california-302710585.htmlSOURCE Farmmi, Inc.
Original: Farmmi Subsidiary SuppChains Group Receives Hazardous Materials Permit in California
US Market News
4月前
Farmmi Inc. (NASDAQ: FAMI) Intelligent Marketing Subsidiary Bluesage Off to a Winning Start, Formally Signs First Global Client Service ContractFebruary 17, 2026 7:00 AM
PR Newswire (US)
LISHUI, China, Feb. 17, 2026 /PRNewswire/ -- NASDAQ-listed Farmmi Inc. (NASDAQ: FAMI) (hereinafter referred to as "Farmmi" or the "Company") is pleased to announce that its newly established wholly-owned intelligent marketing subsidiary, Bluesage Marketing Inc. ("Bluesage"), formally signed its first global client service contract on February 4, 2026.Business Implementation: From Strategic Vision to Value RealizationThis first client service engagement is a significant milestone in Bluesage's development history, demonstrating its rapid penetration capability in the AI-driven digital marketing field.I. First Order Breakthrough: This engagement signals that Bluesage has successfully transformed advanced AI big data analysis technology into deliverable commercial services.II. Full-Chain Empowerment: The performance of this contract will fully combine Farmmi's strong back-end logistics fulfillment capabilities with Bluesage's front-end market acquisition advantages, providing clients with a true end-to-end solution.III. Global Strategic Layout: This cooperation lays a solid operational foundation for Bluesage to further expand into the global AI precision marketing market.This marks Bluesage's rapid transition from strategic planning to the commercial implementation stage, and also validates the market appeal of the Company's "Smart Logistics + Intelligent Marketing" dual-engine strategy.Ms. Yefang Zhang, CEO of Farmmi, Inc., commented:"We are deeply thrilled to have successfully signed the first service contract just two weeks after Bluesage's establishment. This is not only a recognition of Bluesage's intelligent marketing capabilities but also proves our clients' urgent demand for the 'Logistics + Marketing' full-chain empowerment model. Moving forward, we will take this as a starting point to continuously improve overall profit margins through digital services and create greater value for shareholders."About Farmmi, Inc.Founded in 1998, Farmmi, Inc. (Nasdaq: FAMI) is an agricultural products supplier, distributor and logistics service provider, with a focus on edible mushrooms (including shiitake and wood ear mushrooms) and other agricultural products. The Company distributes high-quality agricultural goods to the global markets primarily through its established distribution channels. For more information, please visit the Farmmi official website.Forward-Looking StatementsThis press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. Such offers may only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws.Certain statements in this press release regarding the Company's future growth prospects are forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied in such statements. These risks and uncertainties include, but are not limited to: our ability to secure financing on favorable terms, customer order fulfillment, earnings volatility, exchange rate fluctuations, our ability to manage growth, the ability to generate revenue from business expansion and acquisitions, our ability to attract and retain qualified professionals, customer concentration, segment concentration, and other factors affecting the general economic conditions of the industry. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission (SEC), which are available at www.sec.gov. Farmmi may also make additional forward-looking statements from time to time in written or oral form, including in filings with the SEC and in reports to shareholders. Please note that all forward-looking statements are based on current assumptions believed to be reasonable as of the date of this press release. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law.For more information, please contact: Farmmi, Inc.
Investor Relations
Tel: +86-0578-82612876
ir@farmmi.com
View original content:https://www.prnewswire.com/news-releases/farmmi-inc-nasdaq-fami-intelligent-marketing-subsidiary-bluesage-off-to-a-winning-start-formally-signs-first-global-client-service-contract-302688384.htmlSOURCE Farmmi, Inc.
Original: Farmmi Inc. (NASDAQ: FAMI) Intelligent Marketing Subsidiary Bluesage Off to a Winning Start, Formally Signs First Global Client Service Contract
georgie18
2年前
FAMI...50s starting up here...🥳
georgie18
Member Level
Re: georgie18 post# 662289
Tuesday, October 22, 2024 5:05:58 PM
Post#
662304
of 662372
FAMI...66s back up off the dip...Lets see if we can break .80...🥳
georgie18
Member Level
Re: georgie18 post# 892
Tuesday, October 22, 2024 4:34:06 PM
Post#
895
of 896
FAMI...75s hitting here...🥳Another patience Play...
georgie18
Member Level
Re: georgie18 post# 662287
Tuesday, October 22, 2024 4:27:23 PM
Post#
662288
of 662288
FAMI...73s hitting here...🥳
georgie18
Member Level
Re: georgie18 post# 662278
Tuesday, October 22, 2024 4:26:34 PM
Post#
662287
of 662287
FAMI...63s clearing here...🥳
georgie18
Member Level
Re: None
Tuesday, October 22, 2024 4:16:25 PM
Post#
662278
of 662286
FAMI...56s clearing here...🥳
Message in reply to:
FAMI...2376...Off the .23 Alert...🥳
georgie18
Member Level
Re: None
Friday, August 23, 2024 12:35:34 PM
Post#
891
of 891
FAMI...23...Off the .16 dip on the morning Offering...🥳... https://schrts.co/xQTWNJJi ...
georgie18
2年前
FAMI...66s back up off the dip...Lets see if we can break .80...🥳
georgie18
Member Level
Re: georgie18 post# 892
Tuesday, October 22, 2024 4:34:06 PM
Post#
895
of 896
FAMI...75s hitting here...🥳Another patience Play...
georgie18
Member Level
Re: georgie18 post# 662287
Tuesday, October 22, 2024 4:27:23 PM
Post#
662288
of 662288
FAMI...73s hitting here...🥳
georgie18
Member Level
Re: georgie18 post# 662278
Tuesday, October 22, 2024 4:26:34 PM
Post#
662287
of 662287
FAMI...63s clearing here...🥳
georgie18
Member Level
Re: None
Tuesday, October 22, 2024 4:16:25 PM
Post#
662278
of 662286
FAMI...56s clearing here...🥳
Message in reply to:
FAMI...2376...Off the .23 Alert...🥳
georgie18
Member Level
Re: None
Friday, August 23, 2024 12:35:34 PM
Post#
891
of 891
FAMI...23...Off the .16 dip on the morning Offering...🥳... https://schrts.co/xQTWNJJi ...