Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Agrify ( (AGFY) ) has shared an update.
Agrify Corporation announced a $20 million convertible secured note deal with Green Thumb Industries, appointing Benjamin Kovler as interim CEO. The financial boost and leadership change aim to enhance Agrify’s growth and shareholder value, with Kovler, a seasoned leader in the cannabis industry, bringing expertise to unlock Agrify’s potential. The transition follows the resignation of CEO Raymond Chang, who supports the move as a positive step for the company.
For a thorough assessment of AGFY stock, go to TipRanks’ Stock Analysis page.