AgriFORCE enters MOU to acquire 4.49% minority equity stake in VASU

AgriFORCE Growing Systems (AGRI) entered into a Memorandum of Understanding to acquire a 4.49% minority equity stake in VASU International Payment Solutions, a Philippines-based Global Payment Services Provider and the holder of an Operator of a Payment System Registration in the Philippines. This strategic move marks AgriFORCE’s intent to consider entry into the evolving stablecoin-based payments infrastructure sector, including capabilities supporting dollar-pegged digital instruments. Under the terms of the MOU, AgriFORCE would acquire 4.49% of VASU in exchange for $381,650 in cash and $740,850 in restricted AgriFORCE common stock. No additional capital commitments are required post-closing, which would occur in early September 2025. The Company views this as a foundational step toward deploying a compliant global financial services platform capable of operating across a wide range of jurisdictions.