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Agroz Inc. Raises $3.33 Million in Secured Note Financing

Story Highlights
  • On February 10, 2026, Agroz Inc. issued a $3.33 million secured promissory note, netting $2.74 million after fees.
  • The financing imposes strict covenants, granting the investor strong controls over new financings, assets, and transactions if defaults occur.
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Agroz Inc. Raises $3.33 Million in Secured Note Financing

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An update from Agroz Inc. ( (AGRZ) ) is now available.

On February 10, 2026, Agroz Inc. entered into a Note Purchase Agreement with an institutional investor, issuing a secured promissory note with an original principal of $3.33 million, including a $300,000 original issue discount and $30,000 in transaction expenses, for net proceeds of $3 million before fees. After placement commissions and legal costs, the company received $2.74 million in proceeds, securing the note against all company assets, pledging its shares in Agroz Group Sdn. Bhd., and providing a subsidiary guarantee, while accepting tight covenants on additional financings, liens, indebtedness, and fundamental transactions, underscoring both its near‑term funding needs and the heightened control granted to the lender in the event of default.

More about Agroz Inc.

Agroz Inc., a Cayman Islands exempted company, operates through its Malaysian subsidiary Agroz Group Sdn. Bhd. and has its ordinary shares registered under the U.S. Securities Exchange Act of 1934. The company is listed on a major U.S. exchange and is required to maintain current public reporting, with all corporate obligations secured by its assets and equity in AGSB.

Average Trading Volume: 400,510

Technical Sentiment Signal: Strong Sell

Current Market Cap: $8.86M

For a thorough assessment of AGRZ stock, go to TipRanks’ Stock Analysis page.

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